ITR Filing for AY 2025–26: Everything You Need to Know
August 8, 2025
Filing your Income Tax Return (ITR) is not merely a legal formality; it plays a significant role in maintaining financial discipline and transparency. With evolving tax regulations and stricter compliance norms introduced by the Income Tax Department of India, accurate and timely filing is more important than ever.
At Zentax Business Consultants, we provide comprehensive, end-to-end assistance for ITR filing in India. Our experts ensure that your tax return is filed with precision, keeping in mind the latest rules and your unique financial profile.
Extended Deadline for AY 2025–26
For the financial year 2024–25 (assessment year 2025–26), the government has extended the ITR filing deadline for individuals not requiring an audit to 15th September 2025. This extension offers much-needed relief and time to adapt to the latest disclosure and compliance requirements.
What’s New in ITR Filing This Year?
Staying updated with current tax regulations is essential. Here are the key changes applicable from this assessment year:
- Capital Gains Simplification: Individuals earning long-term capital gains (LTCG) up to ₹1.25 lakh may now be eligible to use simplified ITR forms (ITR-1 or ITR-4), provided certain conditions are met.
- Tax Regime Selection Mandatory: Taxpayers must declare whether they opt for the old or new regime. Those opting out of the default new regime must file Form 10-IEA.
- Detailed TDS Disclosure: It’s now mandatory to disclose the specific TDS sections applicable to you.
- Expanded Access to ITR-1/4: More taxpayers—especially those with multiple sources of income not requiring audit—can now use simpler forms.
Who Needs to File an ITR?
Filing an ITR is compulsory in any of the following situations:
- Your gross total income exceeds the basic exemption limit
- You seek to claim a refund or carry forward losses
- You have foreign assets or earn income abroad
- You’re a director or partner in a company or firm
- You’re an NRI earning income in India
Key ITR Filing Deadlines for AY 2025–26
Category Due Date
Individual (non-audit cases) 15th September 2025
Business/Profession (audit cases) 31st October 2025
Companies 31st October 2025
Transfer Pricing Cases 30th November 2025
Revised/Belated Return 31st December 2025
Updated Return (ITR-U) Up to 31st March 2030
Essential Documents for ITR Filing
To file your ITR accurately, ensure you have the following documents ready:
- PAN and Aadhaar
- Form 16 and Form 26AS
- Annual Information Statement (AIS)
- Interest income certificates
- Capital gains summary, if applicable
- Investment proofs under sections like 80C, 80D, etc.
- Bank account details
- Loan or rental income documents, if applicable
Consequences of Late or Missed Filing
Filing after the deadline can result in:
- Late Filing Fee (Section 234F): ₹1,000 to ₹5,000 depending on income
- Interest Penalty (Section 234A): 1% per month on unpaid tax
- Loss of refund eligibility or carry-forward of losses
- Higher penalties for those missing deadlines under the ITR-U provisions
Our 6-Step ITR Filing Process
At Zentax Business Consultants, we follow a structured and secure process:
- Initial Consultation – We understand your profile and applicable provisions
- Document Review – We evaluate and arrange your documents
- ITR Form Selection – We identify the most accurate form for your case
- Return Preparation – We ensure precise tax computation and claims
- Online Filing – Your return is submitted on the official e-Filing portal
- E-Verification – We assist with Aadhaar OTP or Digital Signature-based verification
Why Choose Zentax for ITR Filing?
✅ Experienced Professionals – Chartered Accountants and tax experts on board.
🔒 Data Confidentiality – All financial data is kept strictly secure.
🎯 Tailored Assistance – We provide one-on-one human-led service, no bots involved.
⏱️ Timely Guidance – Prompt updates and support at every stage.
🔄 Post-Filing Support – Help with refunds, corrections, and notices.
Whether you are a salaried individual, business owner, freelancer, or NRI, Zentax offers trusted tax filing support from start to finish.
Conclusion
ITR filing for FY 2024–25 is not just about avoiding penalties—it’s a vital part of your overall financial planning and regulatory compliance. With Zentax Business Consultants, you gain the confidence of expert guidance, the convenience of personal attention, and the assurance of timely filing.
File your taxes with precision and peace of mind.
Get in Touch
Email: hello@zentax.com
Phone: +91-7995510999
Tags :
Income Tax
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