3 min read
25 August 2025

Filing your Income Tax Return (ITR) is now entirely online and can be done through the Income Tax Department’s e-filing portal. Every individual whose taxable income goes beyond the basic exemption limit is required to file an ITR, except for certain senior citizens who meet specific exemption conditions. Whether you are salaried, self-employed, or retired, you can conveniently complete the filing process in just a few steps:

  • Step 1: Login to the income tax portal – Use your PAN and password to access the e-filing system.
  • Step 2: Choose ‘File Income Tax Return’ – Navigate to the ‘e-File’ section and select the option to file your return.
  • Step 3: Select assessment year – Pick the relevant year, for example AY 2025-26 for FY 2024-25.
  • Step 4: Select filing status – Choose whether you are filing as an Individual, HUF, or Other category.
  • Step 5: Select the ITR form type – Different ITR forms apply depending on your income sources. Choose carefully.
  • Step 6: Mention reason for filing ITR – Specify why you are filing, such as taxable income above the exemption limit or meeting other mandatory criteria.
  • Step 7: Validate the details entered – Review pre-filled and manually entered information carefully before submission.
  • Step 8: E-Verify your ITR – Verification is mandatory within 30 days. Without it, your ITR will be treated as not filed.

This structured process ensures a smooth filing experience and helps you stay tax-compliant.

Pre-requisites for filing ITR - AY 2025-26

Before filing your ITR, keep the following documents and details ready:

  • PAN and Aadhaar card
  • Bank statements for the financial year
  • Form 16 (for salaried individuals)
  • Donation receipts (if claiming deductions under Section 80G)
  • Statements from stock brokers showing trading activity
  • Receipts of insurance premium payments (life and health insurance)
  • Bank account details linked with your PAN
  • Aadhaar-linked mobile number for e-verification
  • Interest certificates issued by banks or financial institutions

How to file ITR online for FY 2024-25 (AY 2025-26)?

Follow these steps to file your ITR online for AY 2025-26:

  • Step 1: Log in using your PAN and password on the Income Tax Portal.
  • Step 2: Select assessment year as AY 2025-26 (for FY 2024-25). Continue with “Online” filing mode.
  • Step 3: Choose filing status – Individual, HUF, or Others.
  • Step 4: Select the correct ITR form – For example, ITR-1 to ITR-4 for most individuals. Use ITR-2 if you have capital gains but no business income.
  • Step 5: Choose the reason for filing – such as taxable income above exemption limit, mandatory filing requirement, or other valid reasons.
  • Step 6: Fill in details and validate – Most information (PAN, Aadhaar, bank details) comes pre-filled. Cross-check, add missing income details, apply deductions, and confirm the tax summary. Ensure your bank account is validated for refunds. Pay any outstanding tax before submission.
  • Step 7: E-Verify the return – Complete verification within 30 days using Aadhaar OTP, Net Banking, EVC, or by posting ITR-V to CPC, Bengaluru.

How to file ITR offline for FY 2024-25 (AY 2025-26)??

Here is the step-by-step guide for offline filing using the utility tool:

  • Step 1: Visit the Income Tax Portal and go to the downloads section.
  • Step 2: Download and install the common offline utility.
  • Step 3: Open the utility and select ‘File Return’.
  • Step 4: Choose ‘Download Pre-fill’ option.
  • Step 5: Enter your PAN and Assessment Year, then click ‘Proceed’.
  • Step 6: Log in through the offline utility using your credentials.
  • Step 7: Your PAN, name, and AY will appear. Click ‘File Return’.
  • Step 8: Select your filing status (Individual, HUF, or Others) and choose the right ITR form.
  • Step 9: Fill in personal information such as address and bank details. Confirm accuracy.
  • Step 10: Add income details. Data from Form 26AS is auto-fetched, but check for missing income.
  • Step 11: Review tax and TDS summary. Validate, sign declaration, and download the JSON file.
  • Step 12: Log in to the Income Tax Portal. Select ‘File Now’.
  • Step 13: Choose Assessment Year, Filing Type, and ITR Form.
  • Step 14: Upload the JSON file and complete verification.

ITR filing due date FY 2024-25 (AY 2025-26)

For FY 2024-25 (AY 2025-26), the last date to file ITR is 15th September 2025 for non-audit taxpayers. The deadline was extended from 31st July 2025 due to changes in forms and portal-related delays.

If you miss filing on time, a late fee under Section 234F applies. Taxpayers with income above Rs. 5 lakh must pay Rs. 5,000 as penalty, while those with income up to Rs. 5 lakh pay only Rs. 1,000. Additionally, interest under Section 234A is applicable.

A belated return can still be filed up to 31st December 2025, but with late fees and interest. Filing on time helps avoid penalties and ensures quicker processing of refunds.

When is it mandatory to file ITR?

You must file ITR if:

  • Total income is above the basic exemption limit.
  • Foreign travel expenses exceed Rs. 2 lakh.
  • Annual electricity bill is Rs. 1 lakh or more.
  • Deposits in current account(s) exceed Rs. 1 crore.
  • Business turnover is above Rs. 60 lakh.
  • Professional income is more than Rs. 10 lakh.
  • TDS or TCS amount during the year exceeds Rs. 25,000.
  • You are a resident with assets outside India or have signing authority in a foreign account.
Home Loan
Home Loan

What are the benefits of e-filing income tax returns?

Besides avoiding any penalties that you may incur owing to late income tax filing, here are a few benefits that e-filing your income tax return offers.

  • The ITR receipt is a valuable document that holds greater weightage in comparison to Form 16. This means that it comes in handy when applying for loans and other forms of credit
  • When you file returns on time, you can carry forward any losses to the next financial year. This reduces your overall tax liability, thereby benefiting you in the following year
  • Your income tax returns also allow for hassle-free visa application as foreign embassies are particular about tax compliance. They verify your income tax status before processing your documentation and approving a visa
  • Income tax returns serve as proof of income if you’re self-employed. This is important as you don’t receive Form 16 from an employer
  • Income tax returns allow you to get insurance policies with the maximum coverage possible, which can’t be said for those who fail to produce ITR receipts

Having a strong financial profile with proper tax compliance also opens doors to major life goals like homeownership. When you maintain good tax records, lenders view you as a reliable borrower for significant investments like purchasing your dream home. Check your eligibility for a home loan from Bajaj Finserv today. You may already be eligible, find out by entering your mobile number and OTP.

What are the different ways by which you can e-file your income tax?

As per a recent change, you can only file your ITR online, via the official portal. Moreover, you can also check your income tax refund status online. Therefore, to understand how to file income tax returns online, take a detailed look at the 3 options that are available to you.

  • By using a digital signature certificate (DSC)
    A digital signature certificate is an online, secure tool that helps you electronically sign documents. Thanks to this certificate, you can digitally sign your document and it will serve as the equivalent of a paper certificate
  • By verifying your Aadhaar number
    Via this method you can e-file your income tax returns and verify it using your Aadhaar card
  • By mailing ITR-V form to the Centralised Processing Centre in Bangalore
    Alternatively, you can use this method if you do not wish to file using a digital signature certificate. The ‘Income Tax Return-Verification’ form must first be generated on the official IT department portal. Then, you can print this form, sign it and submit it to the CPC in Bangalore via post, within 120 days from the date of e-filing of income tax

What are the documents required for income tax e-filing?

Before you learn to e-file your income tax, it is important to have the necessary documents handy. Here is a checklist that outlines the ones that you must have within easy reach when you e-file taxes.

  • PAN card
  • Salary slips
  • Proof of tax-saving investments, if any
  • Bank statements
  • Form 16A/ 16B/ 16C
  • Form 26AS
  • TDS certificate
  • Interest certificates from savings and deposit accounts
  • Insurance and loan particulars
  • Any other proof of income

What are the Terms and Conditions when It comes to e-filing Income Tax Returns?

Based on your income you will fall under an income tax slab, and each slab has its own income tax rate. As per the Income Tax Act, 1961, any individual earning over Rs. 2.5 lakh in a financial year must file ITR. Take a look at the following table to determine the income tax rate that is applicable on your taxable income.

Income Tax Slab for Financial Year 2024- 2025

Income Tax Slab

Tax Slab Rate

Up to Rs 3 lakh

NIL

Rs 3 lakh - Rs 7 lakh

5%

Rs 7 lakh - Rs 10 lakh

10%

Rs10 lakh - Rs 12 lakh

15%

Rs 12 lakh - Rs 15 lakh

20%

Above Rs 15 lakh

30%

For regular citizens

Up to Rs. 2,50,000

Nil

Rs. 2,50,001 to Rs. 5,00,000

5%

Rs. 5,00,001 to Rs. 10,00,000

20%

Rs. 10,00,001 and above

30%

For senior citizens

Up to Rs. 3,00,000

Nil

Rs. 3,00,001 to Rs. 5,00,000

5%

Rs. 5,00,001 to Rs. 10,00,000

20%

Rs. 10,00,001 and above

30%

For super senior citizens

Up to Rs.2,50,000

None

Rs.2,50,001 to Rs.5,00,000

5%

Rs.5,00,001 to Rs.7,50,000

10%

Rs.7,50,001 to Rs.10,00,000

15%


As per the latest income tax rules, regular citizens with a net taxable income of up to Rs. 5 lakh can get a full rebate of up to Rs. 12,500 under Section 87A, thus bringing down their tax liability to nil.

Understanding your tax liability helps you plan your finances better, including major purchases like buying a home. With proper financial planning and tax compliance, you can easily qualify for attractive home financing options. Check your loan offers for a home loan from Bajaj Finserv with interest rates starting from 7.45%* p.a. You may already be eligible, find out by entering your mobile number and OTP.

Who is the eligible for income tax e-filing?

Eligibility for income tax e-filing is extended to all individuals, Hindu Undivided Families (HUFs), partnership firms, companies, and trusts. It is mandatory for individuals and HUFs with an income exceeding the basic exemption limit to file income tax returns electronically. Additionally, any taxpayer seeking to claim a refund or opting for presumptive taxation under sections 44AD and 44ADA is required to e-file. E-filing offers convenience, accuracy, and faster processing of returns compared to physical filing, encouraging compliance with tax laws and facilitating seamless interaction with the Income Tax Department for all eligible entities and individuals.

Strong tax compliance not only keeps you legally compliant but also strengthens your financial profile for future borrowing needs. Whether you are planning to buy your first home or upgrade to a larger property, maintaining proper tax records makes the loan approval process smoother. Check your eligibility for a home loan from Bajaj Finserv with flexible tenure up to 32 years. You may already be eligible, find out by entering your mobile number and OTP.

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Frequently asked questions

How to e-verify my income tax returns?

To e-verify your income tax return, log into your account on the e-filing website and choose the relevant ITR to e-verify. You can verify via Aadhaar OTP, a pre-validated bank account, or a pre-validated Demat account.

What is the interest and penalty for delay in filing returns?

Interest is levied under Section 234A at 1% per month for delay in filing the returns. For incomplete payment of taxes, interest is levied at 1% per month under Section 234B and 234C.

What happens if the deadline for e-filing ITR is missed?

If the deadline for e-filing ITR is missed, you can still file a belated return anytime before the end of the assessment year. However, you may face interest charges and potential penalties.

Will the refund be delayed for filing the return after the due date?

Yes, the refund might be delayed for filing the return after the due date. It will depend on the processing speed of the income tax department in that assessment year.

How do I pay income tax online?

Login to the income tax portal, go to ‘e-File’ > ‘e-Pay Tax’, select the applicable challan, and pay through Net Banking, debit card, or other available payment modes.

How to file an income tax return after the due date?

If you miss the 15th September 2025 deadline, you can file a belated return by 31st December 2025. Alternatively, you may use the updated return option under ITR-U if eligible.

How to file an income tax return for previous years?

ITR of earlier years can be filed using the ITR-U form (updated return), subject to restrictions on the number of years and conditions laid down by the Income Tax Department.

How to check if ITR is filed?

Login to the e-filing portal > go to ‘e-File’ > ‘Income Tax Returns’ > ‘View Filed Returns’. You can see all your previously filed returns here.

What to do if I have missed the due date while filing my Income Tax Return?

You can still file a belated return for FY 2024-25 until 31st December 2025, along with applicable late fees and interest.

I have filed my return. When will I get a refund?

Normally, refunds are credited within 30-40 days of filing, provided your return is verified and bank account is pre-validated.

Getting your refunds on time helps maintain healthy cash flow for your financial planning, including major investments like buying a home. Check your eligibility for a home loan from Bajaj Finserv with EMIs starting from just Rs. 684/lakh*. You may already be eligible, find out by entering your mobile number and OTP.

Is it necessary to attach documents while e-filing ITR?

No, you don’t need to attach any documents while filing. However, keep them handy as tax officers may ask for them if your return is scrutinised later.

What are the consequences of not e-verifying income tax return?

If you do not e-verify within 30 days, your ITR will be treated as invalid, meaning it is as good as not filed.

Proper tax compliance is crucial not just for legal requirements but also for maintaining a strong financial profile. This becomes especially important when you plan major purchases like buying your dream home, as lenders prefer borrowers with clean tax records. Check your loan offers for a home loan from Bajaj Finserv with no foreclosure charges for individual borrowers. You may already be eligible, find out by entering your mobile number and OTP.

What to do if I made a mistake while filing my Income Tax Return?

You can revise your return before 31st December 2025. Revised returns allow corrections for mistakes in income details, deductions, or bank account information.

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