The government has pushed the income tax return (ITR) filing deadline for FY 2024-25 (AY 2025-26) to September 15, 2025, for individuals not required to get their accounts audited. While this gives taxpayers extra time, file early to avoid last-minute stress and mistakes. For businesses and individuals whose accounts require auditing, the original due date still applies.
Filing ITR becomes difficult when documents are missing or disorganised. Verifying all records in advance ensures smooth filing and prevents mismatches with details available on Form 26AS and Annual Information Statement (AIS).
Form 16
Issued by employers, showing salary, allowances, and TDS. Helps verify pre-filled data on the e-filing portal.
Capital Gains Statement
Provided by stockbrokers or mutual fund houses if you sold shares, mutual funds, or assets. Required for calculating short-term and long-term gains.
Form 26AS, AIS, and TIS
Download from the e-filing portal. They include income details like interest, rent, dividends, securities transactions, and foreign remittances.
Bank Statements & Interest Certificates
Ensure all income is correctly reported and matches AIS.
Proof of Tax-Saving Investments
For those under the old tax regime, keep documents for 80C, 80D, and 80TTA deductions, as well as HRA and LTA exemptions.
Foreign Income & Assets Details
Mandatory for residents holding foreign income or assets, even if total income is below the taxable limit.
PAN, Aadhaar, and Bank Account Details
Essential for filing and receiving refunds without delays.
If you are following the old tax regime, ensure you collect proofs for tax-saving investments and eligible expenses. Missing these may lead to higher tax payments.
Also Read: Adani Group Records Strong Q1 FY26 Performance with EBITDA Crossing ₹90,000 Crore!
The extended deadline offers relief, but waiting until the last minute can cause unnecessary stress and errors. By organising your documents early and cross-checking with Form 26AS and AIS, you can file your ITR smoothly and claim all eligible benefits on time.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in securities are subject to market risks. Read all related documents carefully before investing.
Published on: Aug 29, 2025, 9:28 AM IST
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