Read more
🧾 Income Tax Return (ITR) in India – A Complete Guide for FY 2025–26
Image Source: Greatland
📘 What Is an Income Tax Return?
An Income Tax Return (ITR) is a form used by taxpayers to report their income, deductions, and taxes paid to the government. Filing ITR is mandatory for individuals and entities whose income exceeds the prescribed exemption limit.
✅ Benefits of Filing ITR
- Claim tax refunds (TDS, advance tax)
- Build financial credibility for loans and visas
- Carry forward capital/business losses
- Avoid penalties and scrutiny
- Establish tax compliance history
📊 ITR Forms Overview
| ITR Form | Suitable For | Income Type |
|---|---|---|
| ITR-1 | Salaried individuals | Salary, pension, interest |
| ITR-2 | Individuals with capital gains | Capital gains, foreign income |
| ITR-3 | Business/professional income | Proprietorship, freelance |
| ITR-4 | Presumptive income scheme users | Small businesses, professionals |
📅 Key Dates for AY 2025–26
- Due Date (Salaried Individuals): September 15, 2025
- Audit Cases: October 31, 2025
- Belated/Revised Returns: December 31, 2025
Image Source: Income Tax Department
⚙️ How to File ITR Online
- Visit the Income Tax Portal
- Log in using PAN and password
- Choose the correct ITR form
- Fill in income, deductions, and tax details
- Upload documents and submit
- E-verify via Aadhaar OTP, net banking, or DSC
📸 More Visual Resources
- How to Fill Out Your Tax Return Like a Pro – NYT
- Income Tax Return Game – Personal Finance Lab
- Step-by-Step Filing Guide – India Today




0 Reviews