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

Long-Term Capital Losses

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

Long-Term Capital Losses

The Income Tax Bill, 2025, has introduced a landmark transitional provision that could bring substantial tax relief to investors and individual taxpayers. For the first time, long-term capital losses (LTCL) incurred up to March 31, 2026, will be eligible to offset short-term capital gains (STCG) starting FY 2026-27.

This one-time window of opportunity, enabled under Clause 536(n) of the new bill, presents a powerful capital gains planning strategy before the new law takes full effect.

What Has Changed?

Under the current Income Tax Act, 1961, Section 74 restricts the set-off of LTCL only against LTCG. This narrow rule has long limited the ability of taxpayers to effectively utilize long-term losses — especially when their gains are largely short-term in nature.

But the new Income Tax Bill changes this — temporarily but significantly.

Long-Term Capital Losses

Key Highlights of Clause 536(n)

Brought forward capital losses, whether long-term or short-term, computed under the old Act and remaining as of March 31, 2026, can be:

  • Set off against any type of capital gains (LTCG or STCG) under the new Act.

  • Carried forward and adjusted for up to eight financial years (i.e., till FY 2033-34).

🔍 This transitional clause removes the old distinction between STCG and LTCG — but only for pre-April 2026 losses.

Why This Matters for Taxpayers

This one-time measure could be a game changer for those who:

  • Hold unutilized long-term capital losses due to a mismatch with LTCG.

  • Are expecting short-term capital gains in the years ahead and want to reduce their capital gains tax.

  • Missed prior opportunities to optimize their loss harvesting due to rigid pairing rules under the 1961 Act.

The provision permits the set-off of any capital loss — whether long-term or short-term — brought forward as on March 31, 2026, against any capital gains under the new Income Tax Bill, 2025, without differentiating between short- or long-term gains.

Action Plan: Capital Gains Tax Planning Before April 1, 2026

Taxpayers should treat this as a tax planning alert and take the following steps before March 31, 2026:

✅ Review Capital Assets: Identify long-term investments that have declined in value.

✅ Consider Selling Loss-Incurring Assets: Book long-term losses by selling such assets before April 1, 2026.

✅ Document and Report: Ensure proper computation and carry-forward of losses under the 1961 Act.

✅ Plan Future Gains Timing: Align potential STCG after FY 2026-27 to absorb these carried forward LTCL.

This strategy can help minimize tax liability from FY 2026-27 through FY 2033-34.

Why This Is a One-Time Relief

This provision is not a permanent change. It is part of the Repeal and Saving mechanism built into the new tax code to smooth the transition from the old regime.

  • Post-April 1, 2026 losses will continue to follow the traditional rules under the new Income Tax Bill.

  • The clause ensures temporary flexibility for existing losses, not a structural overhaul of capital gains taxation.

Some commentators view it as forward-thinking tax reform, while others raise concerns about consistency with broader tax principles. However, for now, it stands as a valuable tool in the taxpayer’s arsenal.

Final Thoughts: Don’t Miss the Window

The new Income Tax Bill, 2025, offers a rare and limited-time opportunity to reset your capital gains tax planning. By utilizing this one-time set-off provision under Clause 536(n), taxpayers can unlock significant savings and efficiently absorb past investment losses.

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

What You Should Do Next

  • 📊 Re-evaluate your capital loss history

  • 📅 Act before March 31, 2026

  • 👩‍💼 Consult with your tax advisor for tailored strategies

  • 📈 Plan your future gains with carry-forward optimization in mind

⚠️ This relief is time-bound. Use it wisely before the sunset date, and turn your past losses into future tax gains.

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