ITR Filing Deadline Extended: New Last Date is September 15

ITR Filing

ITR Filing Deadline Extended: New Last Date is September 15

ITR Filing

The deadline for filing income tax returns for FY 2024–25 (AY 2025–26) was moved from July 31 to September 15 by the Income Tax Department on Tuesday.

“Considering the time needed for system readiness and the rollout of Income Tax Return (ITR) utilities for Assessment Year (AY) 2025-26, as well as the significant changes made to the notified ITRs,” the Central Board of Direct Taxes (CBDT) said in a statement on Tuesday.

According to the statement, this extension is anticipated to allay stakeholder worries and give sufficient time for compliance, guaranteeing the accuracy and integrity of the return filing procedure.

In order to facilitate accurate reporting, improve transparency, and streamline compliance, the notified ITRs for AY 2025–2026 have undergone structural and content adjustments. More time has been required for system development, integration, and utility testing as a result of these modifications.

ITR Filing

Additionally, without such an extension, the filing window would be effectively limited because credits resulting from TDS statements, which are due for reporting by May 31st, are anticipated to start reflecting in early June.

Therefore, the original July 31 deadline for filing ITRs has been extended to September 15 in order to provide taxpayers with a seamless and comfortable filing experience. According to the statement, a formal notification will be sent out separately to this effect.

However, taxpayers with short-term capital gains from listed equity and equity mutual funds, as well as those with capital gains from the sale of real estate, are not permitted to employ ITR-1.

Taxpayers who chose to forego the new income tax regime in AY 2024–2025 are also required to declare and specify whether they intend to keep their choice or change it, according to the announcement.

Read More: Why Reconciling AIS and TIS is Crucial Before Filing ITR

Form 10-IEA recognition details must be provided by those who are opting out of the new regime for the first time in AY 2025–2026.

Furthermore, the late submission of Form 10-IEA needs to be clarified

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ITR Portal Registration 2025: 8 Simple Steps to Register on the Income Tax e-Filing Portal

ITR Portal

ITR Portal Registration 2025: 8 Simple Steps to Register on the Income Tax e-Filing Portal

ITR Portal

As the Income Tax Return (ITR) Filing Season 2025 draws near, it’s time for taxpayers—especially first-time filers—to get ready by registering on the official Income Tax e-Filing Portal. Designed as a Mission Mode Project under the National E-Governance Plan, this portal is a one-stop destination for all tax-related services provided by the Income Tax Department, Ministry of Finance, Government of India.

Whether you’re filing your own return or assisting someone else, registering on the portal is the first essential step. Here’s a step-by-step guide on how to register on the ITR portal for FY 2024–25 (AY 2025–26).

✅ Pre-Requisites for ITR Portal Registration

Before you begin the registration process, make sure you have the following:

  • Valid and active PAN

  • Working mobile number

  • Accessible and valid email ID

ITR Portal

📝 How to Register on the Income Tax e-Filing Portal (2025)

🔹 Step 1: Visit the Portal

Go to the official Income Tax e-Filing portal:
👉 https://www.incometax.gov.in/iec/foportal/

Click on “Register” on the homepage.

🔹 Step 2: Enter PAN Details

Select “Register as Taxpayer”, enter your PAN, and click “Validate”.

❗ If your PAN is already registered or invalid, an error message will appear.

🔹 Step 3: Fill in Basic Information

Provide mandatory details as per your PAN:

  • Full Name

  • Date of Birth (DOB) or Date of Incorporation (DOI)

  • Gender (if applicable)

  • Residential Status

Click “Continue”

🔹 Step 4: Enter Contact Information

You will now be asked to provide:

  • Primary Mobile Number

  • Email ID

  • Residential Address

Click “Continue”.

🔹 Step 5: OTP Verification

You will receive two separate 6-digit OTPs—one on your registered mobile number and another on your email ID.

Enter both OTPs and click “Continue”.

🔄 Note:

  • OTP is valid for 15 minutes.

  • You have 3 attempts to enter the correct OTP.

  • You can Resend OTP if needed.

🔹 Step 6: Confirm Your Details

Carefully review your information. If everything is correct, click “Confirm”.

🔹 Step 7: Set Password

Create a secure password by entering it in the “Set Password” and “Confirm Password” fields. Also, set a personalized message for added security.

Password Policy:

  • Length: 8 to 14 characters

  • Must include: Uppercase + Lowercase letters, at least one Number, and one Special Character (e.g., @ # $ %)

Click “Register”.

🔹 Step 8: Proceed to Login

Once registered successfully, click on “Proceed to Login”.

🔔 Don’t forget to log in and complete your profile to unlock all available services on the portal.

Important ITR Filing Deadlines for FY 2024–25 (AY 2025–26)

Category of TaxpayerITR Filing Due Date
Individuals & Non-Audit CasesJuly 31, 2025
Taxpayers Requiring Audit (e.g., Companies)October 31, 2025
Belated or Revised ReturnDecember 31, 2025

❗ Filing beyond the due date may attract late filing fees and penalties under the Income Tax Act.

🧾 Why Register on the ITR Portal?

Registering on the Income Tax Portal allows taxpayers to:

  • File returns online

  • View and respond to notices

  • Check refund status

  • Track previous filings

  • Download Form 26AS and AIS/TIS

  • Access pre-filled data for convenience

Read More: New Tax Relief: One-Time Set-Off of Long-Term Capital Losses Against Short-Term Gains from FY 2026-27

Registering on the ITR portal is a quick and straightforward process, but it’s the gateway to a hassle-free income tax filing experience. Don’t wait until the last moment—complete your registration today and be ready for ITR Filing 2025!

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Why Reconciling AIS and TIS is Crucial Before Filing ITR

AIS

Why Reconciling AIS and TIS is Crucial Before Filing ITR

AIS

As Income Tax Return (ITR) season kicks off, many taxpayers are discovering two critical tools on the Income Tax portal — AIS (Annual Information Statement) and TIS (Taxpayer Information Summary). If you’re still relying only on Form 26AS to prepare your return, you might be missing out on vital information — and risking a mismatch notice.

The Income Tax Department now tracks much more than just your TDS. From interest earned on savings accounts to mutual fund redemptions, property transactions, and even high-value credit card payments — AIS and TIS offer a 360° view of your financial activity.

So before you hit “Submit” on your ITR, let’s understand why reconciling AIS and TIS is no longer optional — it’s essential.

AIS

✅ What Is AIS?

Annual Information Statement (AIS) is a comprehensive report that captures nearly all your financial transactions for the financial year. It goes far beyond Form 26AS and includes:

  • Interest income from savings accounts and fixed deposits

  • Dividend income

  • Mutual fund purchases and redemptions

  • Stock market trades

  • Sale or purchase of real estate

  • Credit card spending

  • Foreign remittances

  • TDS/TCS details

  • Income tax payments, demands, and refunds

  • Transactions reported in GST returns (for businesses)

Think of AIS as the tax department’s version of your digital financial diary.

🧾 What Is TIS?

Taxpayer Information Summary (TIS) is a simplified summary of your AIS. It displays:

  • Processed values (based on department’s view)

  • Derived values (based on feedback submitted by you)

TIS is what the Income Tax Department uses as the basis for auto-populating your return. If there’s a mismatch between TIS and your ITR, your return may be flagged for discrepancies or even scrutiny.

🚨 Why You Should Reconcile AIS & TIS Before Filing

Ignoring AIS and TIS could lead to:

  • Under-reporting income unintentionally

  • Receiving a mismatch notice under Section 139(9)

  • Getting picked up for scrutiny in future assessments

  • Delays in processing and refunds

The department is using data analytics more aggressively each year. So, what may look like a minor omission — say, ₹500 interest from a savings account — can trigger compliance flags.

📝 How to Reconcile AIS & TIS (Step-by-Step Guide)

  • Log in to the Income Tax e-Filing portal.

  • Download your AIS and TIS from the ‘Services’ tab.

  • Cross-verify every item — interest income, dividends, mutual fund transactions, TDS, property deals, etc.

  • If any information is incorrect or missing, click on ‘Submit Feedback’ for the respective entry.

  • Ensure that your ITR matches with the TIS processed value wherever applicable.

  • Declare all income, even if no TDS has been deducted.

AIS

⚠️ Common Mistakes Taxpayers Make

  • Ignoring small interest incomes thinking “this won’t matter”

  • Filing only TDS-based incomes, missing capital gains, or exempt incomes

  • Not checking mutual fund redemptions or stock sales properly

  • Assuming brokerage capital gain statements match AIS without verification

  • Missing foreign remittances or high-value credit card expenses listed in AIS

Read More: Understanding Form 15CA and 15CB: Your Guide to Foreign Remittance Compliance

AIS and TIS are no longer just optional tools — they’re central to how the tax department assesses your return. As compliance tightens and technology advances, reconciling AIS and TIS is your best defense against future tax hassles.

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