ITR Filing 2025: If you are a taxpayer and are planning to file your Income Tax Return (ITR) for the financial year 2024-25, then it is very important to keep some things in mind.
ITR Filing 2025: If you are a job holder, then you can file ITR yourself. On the other hand, if you have income from multiple sources, then you should file ITR after careful consideration.
ITR Filing 2025: If you have not filed your income tax return yet, then you do not have much time left. The government has made the last date for filing ITR for the financial year 2024-25 15 September 2025. Earlier this date was 31 July, which was later extended. One should not wait for the deadline to file income tax return. You may make many mistakes in haste. Meanwhile, many people are in a state of confusion whether to fill ITR themselves or get it filled by a CA.
If you are also in a similar state of confusion, then we can help you. This will clear your confusion and you can know whether you should fill your ITR yourself or get it filled by a CA. Actually, employees who have received Form 16A from their company should start the process of filling their ITR form. One should not wait for the deadline at all.
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.
Choose the right form
First of all, prepare all your documents. Which includes your Form 26 AS, TDS or whatever other documents you have. Keep them ready. After this, you have to select the correct ITR form. There are two forms ITR 3 and ITR 4. This is for taxpayers with income from business and other professions. At the same time, ITR-4 is for those taxpayers who choose the option of estimated business income.
Should I fill ITR myself or get it done by a CA?
Tax experts say that if your sources of income are limited or you are just doing a job. Apart from this, if you have no source of income from anywhere, then you can file ITR yourself. On the other hand, if you have many sources of income like you also do business, earn money from the stock market or have many other sources of income, then you should take the help of a chartered accountant to file ITR.
The reason for this is that generally not everyone is aware of many laws and rules. In such a situation, you may make a mistake while filing ITR. Therefore, you should get your Income Tax Return filed by a CA only.
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