The Income Tax Department wrote on the social media platform X that Excel facility for ITR-1 and ITR-4 for the assessment year 2025-26 is available to taxpayers.
ITR filing FY25: The Income Tax Department on Friday said that it has provided Excel tools for ITR-1 and ITR-4 for the assessment year 2025-26, so that taxpayers can file their income tax returns. The Income Tax Department wrote on the social media platform X – Excel facility for ITR-1 and ITR-4 for the assessment year 2025-26 is available to taxpayers. With the availability of these facilities, taxpayers can start filing their ITR for income earned in 2024-25.
Deadline till September 15
Let us tell you that this year the last date for filing income tax returns in ITR-1 and ITR-4 has been extended from July 31 to September 15. Recently, the CBDT had issued a statement saying that in order to make the document filing experience smooth and convenient for taxpayers, it has been decided that the last date for filing ITR, which was originally 31 July, has been extended to 15 September 2025.
Which form for whom
Apart from ITR-1, ITR-4 form is filled by individuals, HQFs and entities whose annual income is up to Rs 50 lakh and who do not have to get their accounts audited. Those who get long-term capital gains up to Rs 1.25 lakh from listed shares can show this income in ITR-1 and ITR-4. Earlier they also had to fill ITR-2 form.
When were the forms notified
This year, ITR forms for assessment year 2025-26 were notified in late April and early May. Usually, ITR forms are notified around February/March before the end of the financial year. However, this time the facility of filing ITR forms and documents was delayed as revenue department officials were busy with the new Income Tax Bill which was introduced in Parliament in February.
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