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Published on:

April 15, 2025

Alankar Mishra

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Basics of GST

How to File Income Tax Return (ITR) Online?

Submitting your Income Tax Return (ITR) online is not only a legal requirement but also a part of being a diligent citizen. The positive part? The ITR e-filing process has been made easier and more user-friendly because of the government digitization. This guide is aimed at aiding employees, freelancers, business proprietors or even first-time taxpayers to file for their taxes online in 2025 with no hassles.

What is Income Tax Return (ITR)?

An Income Tax Return (ITR) is a submission made to the Income Tax Department of India regarding the details of income earned and tax liability for the financial year (April to March). Filing of ITR brings about an assessment criterion for evaluation of tax paid and claims for refund, if any.

‍Who Should File ITR?

You must file an ITR if:

1. Your total income exceeds ₹2.5 lakh in a financial year (₹3 lakh for senior citizens).

2. You want to claim a tax refund.

3. You earn from freelancing, business, or foreign income.

4. You have capital gains from shares or mutual funds.

5. You want to carry forward losses to future years.

You’ve deposited more than ₹1 crore in a bank account or incurred high-value expenses like foreign travel or credit card spends.

Documents Required for ITR Filing

Before you begin, keep the following documents ready:

1. PAN Card & Aadhaar Card: Essential for identification and verification.

2. Form 16: Provided by your employer (for salaried individuals).

3. Form 26AS: A tax credit statement showing the TDS deducted from your income.

4. Bank Statements & Interest Certificates: Useful for declaring savings interest, FD interest, etc.

5. Investment Proofs: Proofs for deductions under Section 80C, 80D, etc. (LIC, PPF, medical insurance, etc.)

6. Capital Gains Statements: If you’ve traded in stocks, mutual funds, or sold property.

7. Rent Receipts or Home Loan Documents: To claim HRA or home loan interest deductions under Section 24.

Step-by-Step Guide: How to File ITR Online in 2025

Step 1: Visit the Official Income Tax Portal

Step 2: Register or Login

If you're a new user, register using your PAN.

If already registered, log in using your PAN and password.

Step 3: Choose 'e-File' > 'Income Tax Return'

After logging in, click on the ‘e-File’ menu and select ‘Income Tax Return’.

Step 4: Select the Assessment Year & ITR Form

For income earned between April 2024 and March 2025, select AY 2025–26.

Choose the correct ITR form:

ITR-1 (Sahaj): For salaried individuals with income up to ₹50 lakh

ITR-2: For individuals with capital gains or foreign income

ITR-3: For business/professional income

ITR-4 (Sugam): For presumptive income (freelancers, small businesses)

Step 5: Select the Filing Type

Choose ‘Original’ if you’re filing for the first time or ‘Revised’ if correcting a previously filed ITR.

Step 6: Pre-fill Data or Enter Manually

The portal auto-fetches details from PAN database, Form 26AS, and AIS (Annual Information Statement). Verify and update any missing or incorrect details.

Step 7: Add Income Details

Manually enter or confirm:

Salary income

Household property income (rent received or home loan interest)

Business/professional income

Capital gains (stocks, mutual funds, crypto)

Other income (bank interest, gifts)

Step 8: Claim Deductions

Under Chapter VI-A, you can claim deductions such as:

₹1.5 lakh under Section 80C (PF, LIC, ELSS, etc.)

Health insurance under Section 80D

Education loan interest under 80E

Donations under 80G

NPS under 80CCD(1B)

Step 9: Tax Calculation & Payment

The portal will auto-calculate your total tax liability.

If you owe any tax (self-assessment), pay it via challan ITNS 280 and enter the details.

Step 10: Validate & Submit the Return

Re-check all the entries.

Click on ‘Preview and Submit’.

Once submitted, proceed to verify the return.

Step 11: Verify Your ITR (Very Important)

Your ITR filing is not complete unless it's verified. You can e-verify via:

Aadhaar OTP

Net Banking

Bank Account Number / Demat Account

Or by sending a signed physical ITR-V to CPC Bangalore (if e-verification is not done)

ITR Filing Deadlines for FY 2024-25 (AY 2025-26)

31st July 2025 – For individual and salaried taxpayers (without audit)

31st October 2025 – For taxpayers requiring audit

30th November 2025 – For transfer pricing cases

Filing after the deadline attracts a late fee under Section 234F of up to ₹5,000.

Benefits of Filing ITR Online

1. Avoid Penalties: Timely ITR filing helps avoid late filing penalties and legal notices.

2. Claim Tax Refunds: You can claim excess TDS deducted or other refundable amounts.

3. Loan & Visa Approvals: Most banks and embassies ask for ITRs for processing.

4. Carry Forward Losses: Capital losses and business losses can be carried forward for 8 years.

5. Proof of Income: ITR acts as a legal proof of income for various purposes.

Common Mistakes to Avoid While Filing ITR

Filing the wrong ITR form.

Not reconciling with Form 26AS and AIS.

Missing interest income from FDs or savings.

Not claiming eligible deductions.

Not verifying ITR after submission.

ITR Filing Options: Self, CA, or Platform?

1. DIY (Do It Yourself): Best for salaried individuals with simple income sources.

2. Chartered Accountant (CA): Ideal if you have multiple income sources, business income, or capital gains.

3. Online Platforms (e.g., ClearTax, TaxBuddy, Quicko): Helpful for guided filing with minimal errors.

Conclusion

Filing your ITR online in India has never been easier. With the right documents, basic knowledge, and a step-by-step guide like this, anyone can e-file their income tax return smoothly. It's a small task that has a big impact—from financial discipline to legal compliance and personal empowerment.

FAQs

Is Aadhaar mandatory for ITR filing?

Yes, Aadhaar is mandatory for e-verification and linking with PAN. Without it, your ITR may be considered invalid.

Can I file ITR without Form 16?

Yes, you can still file your ITR using your salary slips and bank statements if Form 16 is unavailable.

What if I miss the ITR deadline?

You can file a belated return until 31st December of the assessment year, but late fees and interest under Sections 234F and 234A may apply.

Do I need to file ITR if my income is below the exemption limit?

Not mandatory, but highly recommended for getting loans, applying for visas, or claiming TDS refunds.

Can I revise my ITR after submitting?

Yes, you can revise your ITR multiple times before 31st December 2025 for AY 2025–26.

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