Income Tax Return Filing 2025: If you have not yet filed income tax return, then file it before September 15. Some important things should be kept in mind while filing ITR so that you do not have to face problems like delay in ITR refund, ITR notice or penalty.
If you have not yet filed your income tax return (Income Tax Return Filing 2025), then you do not have much time now. The government has extended the last date for filing ITR for the financial year 2024-25 from 31 July to 15 September 2025. But it would be wrong to think that now you will be able to pay tax comfortably. Often people make mistakes in a hurry near the deadline (ITR Filing Deadline), which is very important to avoid.
Is it necessary for you to file ITR?
If your total annual income is Rs 2.5 lakh or more under the Old Tax Regime and Rs 3 lakh or more under the New Tax Regime, it is mandatory for you to file ITR, even if you are not liable to pay tax.
Let us know about those 10 things which must be kept in mind while filing ITR so that you do not have to face problems like delay in ITR refund, ITR notice or penalty.
Choosing the wrong ITR form
There is a different ITR form for every person. If you are salaried, annual income is less than ₹ 50 lakh and there is no capital gain, then you can fill ITR Form 1. But if you choose the wrong form, your return may be defective and you may get a notice from the IT department.
Writing the wrong assessment year
This year you are filing the return for the financial year 2024-25, so the assessment year will be 2025-26. Many people get confused about this and fill the old or the next year, due to which the return may be rejected.
Mistake in personal details
It is common to fill in basic information like name, mobile number, date of birth, PAN, email ID or bank account details incorrectly, but this can delay your refund. So fill in each and every detail carefully.
It is necessary to give information about all income
It is important to include not just salary or business income, but also interest received on savings account, FD interest, rental income, short term gains from shares, etc. Hiding income can lead to notice or penalty in the future.
Take care of the format
While filling the information in the ITR form, take care of the correct format. For example, filling the date, name, IFSC code etc. in the wrong format can lead to technical errors.
Choosing the wrong tax regime
Now you have the option to choose between the old and the new tax system. But if you do not choose the right option, you may end up paying more tax than necessary. Understand your tax calculation before filing your return.
Don’t forget to verify your ITR
Many people forget after filing the return that it is also necessary to e-verify it. If you do not verify the ITR, it will not be considered filed. For this you can use Aadhaar OTP, netbanking or other options.
Don’t forget to claim tax exemptions
If you have earned money from the sale of a property and reinvested the money, you can avail tax exemption under section 54, 54EC or 54F. Do not forget to provide these details.
Ignoring advance tax
If you are self-employed or TDS is not being deducted on your income, then it is necessary to pay advance tax on time. If you paid less tax or did not pay it at all, then 1% interest may be charged every month on the remaining amount.
Do not ignore tax notices
If you have received a notice from the Income Tax Department, do not ignore it. Failure to respond on time may result in a penalty or legal action.
Filing ITR is not just a formality but a part of your financial planning. If you have not filed your return yet, then file it before 15 September. Keep these important things in mind while filing your tax. This will not only solve your tax related problems but will also strengthen your financial records.
