ITR Filing 2025: Is July 31 Last Day To File Your Taxes? Check Here

New Delhi: Tax submitting season has formally begun and it is time to get your paperwork so as. The Income Tax Department has launched all seven ITR bureaucracy for the evaluation yr 2025–26. If you are undecided whether or not you wish to have to document your go back through July 31, here is a fast and easy information that can assist you out.

Who Should File through July 31?

If you are a salaried worker, freelancer, or a small industry proprietor who doesn’t require an audit of accounts, then your ITR submitting closing date is July 31, 2025. This due date applies to most people, Hindu Undivided Families (HUFs), and small companies.

If you’ve selected the concessional tax regime or wish to declare sure exemptions then you definitely nonetheless wish to document your go back and post any important declarations through the July 31 closing date.

Who Gets More Time to File?

However, now not everybody has to keep on with the July 31 closing date. Businesses and execs who wish to get their accounts audited get overtime to document. The similar applies to firms and a few people—like companions in companies that require audits, or their spouses if sure tax regulations are concerned.

Different Deadlines for International Transactions and Audits

Taxpayers all in favour of global transactions and required to post a document underneath Section 92E additionally get extra time to document. For such instances, the cut-off dates are other: companies, execs underneath audit, and home firms can document till October 31, whilst the ones coping with switch pricing stories have time till November 30.//

Missed the Deadline? Here’s What You Can Do

If you omit the preliminary closing date, don’t concern—you’ll be able to nonetheless document a belated or revised go back through December 31, 2025. Just take into account that other teams have other submitting dates: companies, execs underneath audit, and home firms have time till October 31, whilst the ones coping with switch pricing stories can document till November 30.//

Which ITR Form Applies to You?

– If you’re a resident person with source of revenue as much as ₹50 lakh from wage, one area assets, and hobby source of revenue, plus agricultural source of revenue as much as Rs 5,000, use ITR-1 (Sahaj).

– For people, HUFs, or small companies (aside from LLPs) with industry or skilled source of revenue as much as Rs 50 lakh on a presumptive foundation, document ITR-4 (Sugam).

– If you don’t have industry source of revenue however have capital beneficial properties, a couple of houses, or overseas belongings, use ITR-2.

– LLPs, partnership companies, and cooperative societies will have to document ITR-5, whilst firms (except for the ones exempt underneath Section 11) will have to use ITR-6.

– Trusts, political events, spiritual establishments, and equivalent entities document ITR-7.

Choosing the mistaken shape may cause rejection or delays. For advanced instances, it’s easiest to seek the advice of a tax professional.