The due date to file your income tax return (ITR) for the financial year 2024-25 is September 15, 2025. This deadline applies to most individual taxpayers who don’t need to have their accounts audited. The original July 31 deadline was extended by the Central Board of Direct Taxes (CBDT) to give people more time to adapt to recent changes in the ITR forms.
First-Time Filers: A Simple Checklist
If this is your first time filing, the process can feel intimidating. However, with the right preparation, it’s manageable. Here’s a quick guide to get you started:
- Gather Your Documents: Collect all essential documents ahead of time. This includes your PAN card, Aadhaar card, Form 16 (from your employer), Form 26AS, and proof of any investments you’ve made to claim deductions. Having these ready will save you a lot of time and stress.
- Register on the Portal: Create an account on the official income tax e-filing portal. This is where you’ll submit your return.
- Pick the Right Form: For most salaried individuals, ITR-1 (Sahaj) is the correct form to use. Make sure you select the right form to avoid delays.
- File and Verify: Once you’ve completed your return, submit it online and remember to e-verify it within the given timeframe.
Old vs. New Tax Regimes
When filing, you’ll need to choose between the old and new tax regimes. The main difference lies in the deductions and exemptions you can claim.
| Feature | Old Tax Regime | New Tax Regime |
| Tax Rebate (Section 87A) | Available for income up to ₹5 lakh | Available for income up to ₹7 lakh |
| Standard Deduction | ₹50,000 | ₹75,000 |
| Deductions & Exemptions | Allows most deductions like HRA, LTA, and investments under Section 80C. | Has fewer deductions and exemptions available. |
The best regime for you depends on your financial situation. If you have significant tax-saving investments or a home loan, the old regime might be more beneficial. If you prefer a simpler filing process with lower tax rates and don’t have many deductions to claim, the new regime could be a better choice.