Archive · 29 Jun 2025
Guide to Filing Income Tax Returns and Paying Taxes
When filing your taxes, you can choose between ITR-1 or ITR-4 forms.
For other forms, like ITR-2 and ITR-3, you might need to wait a bit.
You will need to choose your income source category to select the right form.
Make sure to pick the assessment year 2025-26 when filing your taxes.
After you are done filing, you can pay your taxes using e-pay services and any of the 31 banks listed.
Taxpayers can file ITR using ITR-1 or ITR-4.
Excel utilities for ITR-2 and ITR-3 are not yet available.
Assessment year 2025-26 is selected for filing FY 2024-25 returns.
Taxpayers choose tax form based on income source category.
Tax can be paid through 31 banks via e-pay tax service.
- Who
- Taxpayers filing income tax returns.
- What
- Instructions for filing income tax returns for the assessment year 2025-26 using ITR-1 or ITR-4 forms.
- When
- The last date for filing income tax returns is September 15.
- Where
- India
- Why
- To facilitate accurate and compliant tax filing for the assessment year 2025-26.
Taxpayers
Income Tax Department
Form Selection
Taxpayers
Requires careful selection of the correct form based on income.
Income Tax Department
N/A
Regime Comparison
Taxpayers
Must compare tax calculations in the new and old tax regimes to optimize tax liability.
Income Tax Department
N/A
- Assessment Year
- 2025-26
- ITR Forms Available
- ITR-1 and ITR-4
- Tax Regime Default
- New Tax Regime
- Number of Banks for e-pay
- 31
- Last Date
- September 15
Sources
From July 1: Aadhaar-PAN Rule, New Bank Charges, And Tax Deadline Extension Take Effect
Key Financial Rules In July: Pan-Aadhar Rule, Fresh Bank Charges & ITR Extention
Financial changes in July 2025: Higher ATM fees, new Tatkal rules, Aadhaar OTP must for bookings
Claiming HRA for hometown while working elsewhere? This year, that could cost you