
Filing ITR (income tax return) is a crucial duty of every taxpayer in India, ensuring adherence to the nation's tax regulations.
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Filing ITR (income tax return) is a crucial duty of every taxpayer in India, ensuring adherence to the nation's tax regulations. Income tax filing involves detailing all sources of income, deductions, and tax liabilities for a comprehensive report to the Income Tax Department. Early ITR e-filing helps avoid errors and last-minute technical glitches, ensuring a smoother submission process.
LegallensIndia simplifies the entire Income Tax e Filing process, making it quick, easy, and hassle-free. Our platform guides you step-by-step, from auto-fetching your pre-filled data to assisting you in choosing the right tax regime. Whether you're an individual or a business owner, our user-friendly ITR efiling system ensures your taxes are filed accurately and on time.
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An ITR Income Tax Return is a form that taxpayers use to report their income details and tax payments to the Income Tax Department. There are seven different ITR forms available for ITR e filing: ITR 1 through ITR 7. The appropriate form for a taxpayer depends on various factors, including their sources of income, the total amount earned, and the type of taxpayer they are (such as individuals, Hindu Undivided Families (HUFs), companies, etc.). Each taxpayer must accurately complete their income tax filing within the specified deadline to comply with the Income Tax Law.
Income tax filing is not just a legal obligation, but also a financial responsibility. It applies to individuals and entities across various categories and income levels. Below is a clear overview of who must e-file their ITR income tax return in India:
If your total annual income exceeds the basic exemption limit, you are required to file IT returns online.
Freelancers, consultants, doctors, lawyers, designers, and other independent professionals with income above the exemption threshold must e-file. Business-related expenses can also be claimed as deductions.
All business entities—including sole proprietorships, partnerships, LLPs, and private limited companies—must file IT returns online annually, irrespective of profit or loss.
Individuals who serve as directors in private limited companies or partners in LLPs are mandated to file ITRs reflecting their share of income and financial involvement in the entity.
If you receive income from:
Indian residents holding foreign assets (like overseas bank accounts, shares, or property) or earning foreign income are required to file ITR, even if their taxable income is below the exemption limit.
Even if your income is below the basic exemption limit, you must file ITR if you have:
If you've paid excess tax (through TDS, advance tax, etc.), you must file an ITR to claim your tax refund.
Organisations that manage charity funds, religious institutions, or voluntary contributions must file ITRs annually to maintain financial transparency and tax compliance.
In India, the obligation to do ITR online filing arises under certain conditions. Primarily, if your gross total income exceeds the basic exemption limits, you're required to e-file your return - and the limits vary based on your age and the tax regime chosen.
A tax regime refers to the structure under which your income is taxed. As of the latest updates, taxpayers can opt for either the Old Tax Regime, which allows various deductions and exemptions, or the New Tax Regime, which offers reduced slab rates but restricts most deductions.
The following criteria apply to the old tax regime:
In the table below, we have provided the income tax slab under the old tax regime for income tax filing:
Income range | Income Tax Slab Rates |
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% |
Above Rs. 10,00,000 | 30 |
The Union Budget 2025 introduced significant changes to the income tax slabs under the New Tax Regime. Below, we have provided the updated income tax slabs for the New Tax Regime for income tax filing.
Income Range (Rs.) | Tax Rate (%) |
Up to 4,00,000 | NIL |
4,00,001 - 8,00,000 | 5 |
8,00,001 - 12,00,000 | 10 |
12,00,001 - 16,00,000 | 15 |
16,00,001 - 20,00,000 | 20 |
20,00,001 - 24,00,000 | 25 |
Above 24,00,000 | 30 |
However, there are other specific circumstances that require you to file ITR, even if your income is below these thresholds:
In India, the process of ITR e filing is streamlined through various Income Tax Return forms, each designed to cater to different types of taxpayers. Here's a comprehensive overview of these ITR forms required for income tax filing:
It's important for taxpayers to note that merely paying taxes does not fulfil all obligations; timely income tax efiling in India is also mandatory to avoid penalties. Here's a summary of the key Income tax e-filing last dates or due dates for various categories of taxpayers for the Financial Year (FY) 2024-25:
When preparing for your e Filing of Income Tax Return in India, it's important to have all necessary documents handy to ensure a smooth and accurate submission process. Here’s a comprehensive list of the documents you may require for Income tax e filing:
Income tax e filing in India can be accomplished through two primary methods: offline to online and entirely online. Here’s a step-by-step guide on income tax filing online and offline to online:
Here is the method of how to file for IT return offline to online:
E-filing your Income Tax Returns (ITR) is a straightforward process once you've registered at the Income Tax e filing portal and gathered all necessary documents. Follow these steps for successfully complete the ITR online filing:
Visit the official Income Tax Department e-filing website and click on “Login” at the top right corner.
Input your registered username (usually your PAN) and password in the designated fields. Be mindful of case sensitivity in the password. Click “Continue” to proceed.
After logging in, follow this process to access e filing services: Navigate to the “e-File” tab on the dashboard and select “File Income Tax Return” from the dropdown menu to start e file income tax return.
On the “File Income Tax Return” page, specify the Assessment Year (AY) for the return you are filing. For example, AY 2025-26 corresponds to income earned from April 1st, 2024, to March 31st, 2025.
Select “Online” as the Mode of Filing. An offline option using the “Income Tax Utility” is available for certain scenarios.
Indicate whether you are filing as an Individual, Hindu Undivided Family (HUF), or other entity types. Click “Continue” after making your selection.
Based on your taxpayer category and income details, the portal will suggest appropriate ITR forms. Choose the one that matches your income sources.
Select your reason for income tax e filing, which might include regular assessment, claiming a refund, or filing a revised return.
The portal may pre-fill certain sections based on data from employers, banks, etc. Verify each entry for accuracy and edit any incorrect information before proceeding.
Review a detailed display of your ITR, including income, deductions, and tax liability. Ensure all data is correct before moving forward.
If applicable, settle any tax dues via the e-payment gateway. Select your bank and preferred payment method, such as net banking or debit/credit card.
Once the tax payment is completed (if applicable), your Income Tax Return will be successfully submitted to the Income Tax Department. Ensure to use this method of how to file for IT return properly and accurately.
After you have done your the ITR e filing, the next crucial step is to e-verify your return. This is an essential part of the ITR e filing process, as it confirms the authenticity of your submission to the Income Tax Department. You can e-verify your ITR in several ways:
After completing the income tax filing, it's important to track the status to ensure it has been processed successfully. Here’s how you can do it:
If you've already filed your original or belated return under Section 139(1) or 139(4) of the Income Tax Act, 1961, and later realise there was an error or omission — you’re eligible to file a Revised Return. Common reasons include correction of income details, missed tax deductions, forgotten disclosures, or updates to personal information. Filing a revised return is simple: just choose the 'Revised Return' option while e-filing your ITR and update the necessary details. The deadline to file a revised return is December 31 of the relevant assessment year, and the sooner you make the correction, the better, to avoid complications or notices from the tax department.
If you miss the original deadline of 31st July for filing your income tax return, you can still file a Belated Return under Section 139(4) of the Income Tax Act. This can be done on or before 31st December of the relevant assessment year. While belated filing allows you to claim a refund, it may attract certain penalties. A late fee under Section 234F applies — Rs. 5,000 for those with income above Rs. 5 lakhs, and Rs. 1,000 for income below Rs. 5 lakhs.
However, if your income is below the basic exemption limit, no late fee is charged. Also, if there's any unpaid tax, an interest of 1% per month under Section 234A will be levied. To receive any refund due, make sure your bank account is pre-validated on the income tax e-filing portal.
If you’ve missed both the original and belated return filing deadlines, you still have a chance to file your taxes through an Updated Return (ITR-U) under Section 139(8A) of the Income Tax Act. This allows taxpayers to declare any missed income or correct errors within four years (as per Budget 2025) from the end of the relevant assessment year. However, additional tax and interest may apply, and this option cannot be used to claim refunds or reduce tax liability.
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Filing your Income Tax Return has never been easier with LegallensIndia! Complete your filing in just 4 simple steps, taking only a few minutes. Our platform walks you through the entire process, ensuring everything is filed accurately and on time. Whether you're a salaried individual, freelancer, or business owner, LegallensIndia Income tax e filing services makes it fast and easy to file your ITR on your own.
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