income tax filing – Physics Wala https://physicswala.in Learn Today, Lead Tomorrow Tue, 15 Jul 2025 05:19:45 +0000 en-US hourly 1 https://physicswala.in/wp-content/uploads/2024/02/physics-wala-favicon.png income tax filing – Physics Wala https://physicswala.in 32 32 Income Tax Return Filing 2025 – Step by Step Way to File Offline Income Tax and Online Income Tax https://physicswala.in/income-tax-return-filing-2025/ https://physicswala.in/income-tax-return-filing-2025/#respond Mon, 02 Jun 2025 12:12:11 +0000 https://physicswala.in/?p=15126 Income Tax Return Filing 2025 – Step by Step Way to File Offline Income Tax and Online Income Tax

Income tax return filing 2025 – Friends, if you want to file income tax return without any penalty then its last date is 15 September, 2025.

Whether you are withdrawing income for the first time or you are a regular income tax payer, to avoid last minute mistakes and penalties, you will have to understand the process of online income tax return and offline income tax return properly, and you can read all this below in our article.

ITR Filing 2025 – Friends, the income tax department has activated the excel based offline utility of ITR-1 and ITR-4 for the financial year 2024-25 (assessment year 2025-26) for the taxpayers and under this, more than 15,500 ITRs were filled in a single day on 31 May 2025, out of which 13,450 ITR filings have also been verified and online ITR filing has not yet been started.

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Last date of Income tax return 2025 and some important suggestions

Whether you are filling ITR for the first time or are a regular taxpayer, the last date for everyone is 15 September, 2025. Whether it is offline income tax return or online income tax return, learn to fill both well because by doing this you can avoid mistakes and penalties.

Which Indian citizen can pay tax?

Any person whose annual income is more than 3 lakhs can file income tax. Under the old tax regime, if your age is less than 60 years and income is above 3 lakhs. Senior citizens whose annual income is above 3.50 lakhs and super senior citizens of 80+ whose income is above 5 lakhs can file income tax.

When is it compulsory to fill income tax?

If your annual electricity bill is above 1 lakh or your annual foreign tour expenses are 2 lakhs or more or if you have more than 1 crore cash in your current bank account, then it is mandatory for you to pay income tax.

The important thing to note here is that even if your income is less than the limit, filing your ITR can be beneficial for you. By doing this, you can carry forward your loss. Or if you want to claim any kind of loan or visa or any refund, then filing ITR less than your income can also be beneficial.

Know how to do offline ITR filing based on Excel Utility

First of all download the utility and for this you have to go to incometax.gov.in and then in downloads, in the income tax return section, download excel utility (ITR-1, ITR-4 etc.) for AT 2025-26.

After this unzip the file and open excel and turn on macro. Now you have to fill in your details like personal information, income, deductions and complete information about tax payment, for this you can take data from form 16, 26AS, AIS.

After filling everything, check the filled information once and then click on the validate button. When validation is complete, click on ‘generate json’ and download the file.

When you have downloaded the json file, login to incometax.gov.in, click on income tax return in efile, select upload json in file entry and upload your file.

Finally, verify your return through your net banking, Aadhaar OTP or DSC/EVC and submit it.

Know how to file ITR online

To file ITR online, first open the official website of income tax i.e. incometax.gov.in and log in or create a new account if you are filing return for the first time.

After doing this, select ITR-1 form and check the auto filled data from 26AS and AIS and edit the file according to your requirement.

Cross check Form 16. After this, submit the file and verify it using your Aadhaar card or DSC, EVC or net banking.

Important documents

  • Form 16 (for salaried employees)
  • AIS i.e. Annual Information Statement
  • Form 26AS (Tax Credit Statement)
  • Bank account details
  • You can use the proof of rent receipt, investment, life premium etc. for deductions under section 80c, 80d.

Important dates and late ITR filing penalty

If you want to avoid late ITR filing penalty, then for this you have to fill ITR before 15 September, 2025.

Under section 234f, if you pay income tax late, you will have to pay a penalty of 1000 rupees for an income less than 5 lakh rupees and if your income is more than 5 lakh rupees, then you will have to pay a penalty of 5000 rupees.

If you miss the deadline for filing income tax, you will lose the benefits of carrying it forward.

Friends, whether you fill your ITR offline or online, you have to follow the rules and regulations of filing ITR completely, because only by doing so you can avail the benefits of filling ITR. So friends, get your documents ready and start the process of filling ITR 2025-26.

FAQ about Income Tax Return Filing 2025

Q – Can I fill ITR after the last date?

Ans. – Yes, you can fill ITR after the due date with late fees.

Q – Which document should I use to fill my 2024-25 ITR?

Ans. – To fill ITR 2024-25 you have to fill ITR-1 form

Q – Is aadhar card compulsory for filling ITR?

Ans. – Yes, aadhar card is compulsory for filling ITR

Q – What will happen if I do not fill ITR?

Ans. – In case of not filling the ITR, you can be penalized or legal action can be taken by the IT department.

Q – Can I revise it after filling the ITR in 2025?

Ans. – Yes, you can revise your ITR before 31st December, 2025.

So friends, we hope you get detailed information about Income Tax Return Filing 2025 from our article, if you found it worth, please do share with your friends and if you have question or query, plz write it in comment section below.

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