ITR Filing 2025: The process of filing income tax return (ITR) for FY 2024-25 (Assessment Year 2025-26) has started officially. ITR-1 and ITR-4 forms are now available on the Income Tax Department website. Taxpayers can also file returns through excel utility. However, experts believe that the haste to file returns is not correct right now.
TDS and Form 16 not update
May 31, 2025 was the last date for TDS returns. In such a situation, it may take 5–7 days to show updates in Form 26AS. At the same time, the form 16 required for salary employees is usually released in mid -June.
AIS and TIS also incomplete
Important documents for taxpayers Annual Information Statement (AIS) and Taxpayer Information Summary (TIS) have also not been fully updated at this time. These documents are usually updated by the end of the first week of June.
Waiting for other ITR forms
Currently, only ITR-1 and ITR-4 are available online and in Excel mode. The utilities of forms like ITR-2, ITR-3, ITR-5 and ITR-6 have not been lived yet.
When to file itr?
Experts recommend that taxpayers wait by the second week of June so that TDS, bank interest, capital gains, and other income details can be fully updated. This will make it easier to cross-verify the Form 26AS, AIS and Form 16 and the scope of mistake in returns filing will be less.
DU date increased by 15 September
For taxpayers with non-audit cases, the government has extended the last date for filing ITR to 15 September 2025 this year. In such a situation, taxpayers have enough time to file returns on the basis of correct and updated information.
Also read: ITR Filing 2025: Strict rules for Old Tax Rizym, now no evidence will be found without deduction