ITR filing 2025: How to file income tax return Online? Step by Step Guide for Efile Income Tax Return For FY 2024-25 (AY 2025-26)

ITR filing:- Filing your Income Tax Return (ITR) annually is a fundamental responsibility for taxpayers across India. Beyond fulfilling legal obligations, it offers several benefits, such as providing proof of income essential for securing loans, visas, or government contracts. Additionally, filing your ITR ensures you can claim tax refunds if you’ve overpaid taxes.

The filing process for the fiscal year 2023-24 and assessment year 2024-25 has commenced, with a deadline set for July 31, 2024. The Income Tax Department has streamlined and modernized the ITR filing procedure through its online portal. This digital platform allows taxpayers to conveniently submit their returns, either online or offline, ensuring a user-friendly experience.

Income Tax Return filing 2025

Filing income tax returns can seem daunting, but with the right guidance, it can be a smooth process. As we approach the filing season for FY 2023-24, understanding the steps to e-file your income tax return (ITR) online is crucial. This comprehensive guide will walk you through the process step-by-step, ensuring you meet the deadlines and fulfill your tax obligations efficiently. Taxpayers in India now have the convenience of filing their income tax returns online through an electronic process. This method involves submitting your Income Tax Return (ITR) electronically via the income tax department’s dedicated e-filing website, replacing the traditional paper filing method.

Income Tax Return filing

The income tax department provides an e-filing facility through its online portal. To e-file your returns, you must first register on this portal using your PAN. The e-filing process requires essential details, PAN card information, income proof documents, and access to the internet. E-filing offers taxpayers a swift and paperless way to file their ITR comfortably from their homes. This article aims to guide you through the entire e-filing process, ensuring a seamless experience.

Also Check:- Income Tax Refund Status For FY 2023-24

ITR filing Overview 2025

Article ForITR filing 2024: How to file income tax return Online?
Income Tax Return ITR filingClick Here
Application to file ITRStarted
Deadline to file ITR31 July 2024
CategoryFinance
Official Websitehttps://www.incometax.gov.in/

Deadline of ITR filing

The deadline to file ITR for FY 2023-24 (AY 2024-25) is July 31st.

Significance of ITR (Income Tax Return) filing

  • Legal Obligation: Filing Income Tax Returns (ITR) is a mandatory legal requirement applicable to both individuals and companies. It mandates that income earners above the specified threshold fulfill their tax obligations. Failure to file ITR within the stipulated time may result in penalties and legal consequences.
  • Compliance: Filing ITR is crucial for adhering to the tax laws of the country. It involves disclosing income and meeting tax payments as per governmental regulations.
  • Documentation: ITR serves as comprehensive documentation of a taxpayer’s income and tax responsibilities for a specific year. It includes recording financial transactions and promoting financial transparency with the government.
  • Essential for Financial Applications: ITR is a critical document necessary for various financial applications such as loans and visas. It serves as proof of income, supporting applications for loans, credit cards, and visas.
  • Access to Tax Benefits: Regularly filing ITR enables taxpayers to avail of tax benefits outlined in the Income Tax Act. This facilitates the reduction of taxable income by claiming deductions for investments, expenses, and other eligible expenditures incurred during the financial year.

Read More:- TRACES: TDS Online Platform

How to file income tax return Online?

Filing income tax returns online is convenient and straightforward. Step-by-Step guide:

  • Visit the Official Website: Go to https://www.incometax.gov.in/. Log in if you’re a returning user; if not, register with your mobile number or email.
  • Choose the Right ITR Form: Select the appropriate form based on your income sources and residential status (e.g., ITR-1 for salaried individuals).
  • Download and Pre-fill the Form: Download the form and fill in essential details like name, address, PAN, Aadhar number, etc.
  • Gather Required Documents: Collect documents such as Form 16, bank statements, investment proofs, etc.
  • Enter Income Details: Include details of all income sources—salary, interest, rent, capital gains—ensuring accuracy.
  • Claim Deductions: Claim deductions under sections like 80C, 80D for investments in PPF, life insurance, health insurance, etc.
  • Calculate Tax: Use income tax slab rates to calculate your taxable income and tax liability accurately.
  • Verify Form 26AS: Confirm that TDS deductions match with received certificates and verify taxes paid.
  • Review and Correct: Thoroughly review the filled ITR form for accuracy. Make necessary corrections if required.
  • Generate XML File: Generate an XML file of your filled ITR form for uploading to the e-filing portal.
  • Upload and Submit: Log in to the e-filing portal, upload the XML file under the correct year and form.
  • Verify ITR: Verify your ITR using options like Aadhaar OTP, Net Banking, EVC, or by sending signed ITR-V to CPC Bangalore within 120 days.
  • Receive Acknowledgement: Upon successful e-verification, you’ll receive an acknowledgement from the Income Tax Department. Save it for your records.
  • Check Refund Status: If eligible for a refund, check its status online using the acknowledgement number.

Following these steps ensures a smooth e-filing experience and compliance with tax regulations.

Check Also:- Income Tax Guide 2025-26

Register on the Income Tax e-filing portal

To start, register on the Income Tax Department’s e-filing portal. You’ll need:

  • Aadhaar card
  • PAN card
  • Valid mobile number
  • Valid email ID

This registration is necessary to access all portal services.

Step by Step Guide for Efile Income Tax Return For FY 2023-24 (AY 2024-25):

Guide to e-file your income tax return:

Step by Step Guide for Efile Income Tax Return

  • Visit the Income Tax e-Filing portal.
  • Log in with your PAN, Password, and Captcha code.
  • Go to ‘e-File’ and click on ‘Income Tax Return’.
  • Choose the right ITR form (ITR-1 or ITR-2 if you have Form 16).
  • Select Assessment Year (AY) 2024-25.
  • Validate your form data and submit.
  • E-verify your return using Aadhaar OTP or other options.
  • Upload and verify your return.

Must Check:- Inheritance Tax in India

How to File ITR?

You can file your ITR online using e-filing portals, apps, or with the help of chartered accountants. If filing on your own, use the income tax department’s website for online filing.

Documents Required For ITR Filling

Make sure you have these essential documents:

  • Form 16
  • Form 16A
  • Form 26AS
  • Capital gains statements
  • Proof of tax-saving investments

Having these documents ready will be important for filing your taxes accurately.

Read More:- Income Tax Login 2025

Conclusion

In conclusion, filing your income tax return online for FY 2023-24 (AY 2024-25) is now more accessible than ever. By following this step-by-step guide, you can ensure compliance with tax laws while enjoying the convenience of digital filing. Remember to gather all necessary documents, choose the correct ITR form, and verify your details carefully. Embracing online platforms simplifies the process, offering efficiency and accuracy in meeting your tax obligations. Start filing today to secure your financial compliance and peace of mind.

FAQ’s

When is the deadline for filing ITR for FY 2023-24 (AY 2024-25)?

The deadline is July 31, 2024.

What is the procedure for e-filing?

Step 1: Visit the Income Tax e-filing website. Step 2: Register or log in. Step 3: Enter necessary details. Step 4: Choose the filing mode. Step 5: Select your status.

When can we file ITR for AY 23-24?

The deadline to file ITR for FY 2023-24 (AY 2024-25) is July 31, 2024. If missed, you can file a belated return by December 31, 2024.

How can I check the status of my tax refund?

You can check the status online using the acknowledgement number received upon filing your ITR. The status can be tracked on the Income Tax Department's website.

How much money is required for ITR filing?

Individuals earning over Rs. 2.5 lakhs, or Rs. 3 lakhs for those aged 60 and above, must file an ITR. Under the new regime, individuals under 60 years have a basic exemption limit of Rs. 3 lakhs.

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