The due date for filing Income Tax Return (ITR) for AY 2025-26 is 31st July 2025 for individuals and non-audit cases. Missing this deadline attracts a late fee of Rs 5,000 and interest at 1% per month under Section 234A.
ITR forms for AY 2025-26: ITR-1 for salaried individuals, ITR-2 for capital gains, ITR-3 for business income, ITR-4 for presumptive taxation under Section 44AD and 44ADA.
New tax regime vs old tax regime: The new regime has lower slab rates but no exemptions. The old regime allows all deductions including 80C, HRA, and home loan interest. We calculate both and recommend the optimal regime.
Biswa Enterprises files ITR in 1-3 days from Pimpri, Pune for individuals, salaried employees, freelancers and businesses. WhatsApp: +91 99999 99999