{"id":1333,"date":"2026-09-11T12:47:02","date_gmt":"2026-09-11T12:47:02","guid":{"rendered":"https:\/\/www.mylegalbusiness.com\/blog\/?p=1333"},"modified":"2026-09-11T12:47:05","modified_gmt":"2026-09-11T12:47:05","slug":"itr-filing-by-individuals-fy-2025-26","status":"publish","type":"post","link":"https:\/\/www.mylegalbusiness.com\/blog\/itr-filing-by-individuals-fy-2025-26\/","title":{"rendered":"Complete Guide to ITR Filing by Individuals FY 2025-26"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Filing your income tax return is not only about paying tax. Your return also captures your income, deductions, TDS and tax paid during the year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But if you choose the wrong ITR form or miss out on any income, it can lead to problems later. Similarly, choosing the wrong tax regime or not verifying your pre-filled details.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>ITR Filing for FY 2025-26 <\/strong>you need to file the return for<strong> AY 2026-27<\/strong>. This guide will tell you about the forms, documents, tax regime, filing process and important dates you should know before filing your return.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Let\u2019s start with the basics.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/itr-filing-by-individuals-fy-2025-26\/#Which_ITR_Form_do_you_need_to_file\" >Which ITR Form do you need to file?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/itr-filing-by-individuals-fy-2025-26\/#ITR-1_Sahaj\" >ITR-1 (Sahaj)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/itr-filing-by-individuals-fy-2025-26\/#ITR-2\" >ITR-2<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/itr-filing-by-individuals-fy-2025-26\/#ITR-3\" >ITR-3<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/itr-filing-by-individuals-fy-2025-26\/#ITR-4_Sugam\" >ITR-4 (Sugam)<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/itr-filing-by-individuals-fy-2025-26\/#New_Tax_Regime_and_Old_Tax_Regime\" >New Tax Regime and Old Tax Regime.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/itr-filing-by-individuals-fy-2025-26\/#Documents_that_you_should_have_on_hand\" >Documents that you should have on hand.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/itr-filing-by-individuals-fy-2025-26\/#Guide_to_filing_ITR_online\" >Guide to filing ITR online.<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/itr-filing-by-individuals-fy-2025-26\/#Step_1_Log_in\" >Step 1: Log in<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/itr-filing-by-individuals-fy-2025-26\/#Step_2_Choose_the_Assessment_Year\" >Step 2: Choose the Assessment Year.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/itr-filing-by-individuals-fy-2025-26\/#Step_3_Pre-Check_Information\" >Step 3: Pre-Check Information.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/itr-filing-by-individuals-fy-2025-26\/#Step_4_Enter_Income_and_Deductions\" >Step 4: Enter Income and Deductions.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/itr-filing-by-individuals-fy-2025-26\/#Step_5_Tax_Check\" >Step 5: Tax Check.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/itr-filing-by-individuals-fy-2025-26\/#Step_6_Submit_and_e-Verify\" >Step 6: Submit and e-Verify<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/itr-filing-by-individuals-fy-2025-26\/#When_is_the_ITR_FY_2025-26_Due_Date\" >When is the ITR FY 2025-26 Due Date?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/itr-filing-by-individuals-fy-2025-26\/#ITR_Filing_Common_Mistakes_to_be_avoided\" >ITR Filing Common Mistakes to be avoided.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/itr-filing-by-individuals-fy-2025-26\/#Conclusion\" >Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/itr-filing-by-individuals-fy-2025-26\/#FAQs\" >FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/itr-filing-by-individuals-fy-2025-26\/#Which_ITR_do_I_need_to_file_in_FY_2025-_26\" >Which&nbsp; ITR do I need to file in FY 2025- 26?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/itr-filing-by-individuals-fy-2025-26\/#What_is_the_evaluation_year_of_FY_2025-26\" >What is the evaluation year of FY 2025-26?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/itr-filing-by-individuals-fy-2025-26\/#Is_the_new_tax_regime_obligatory_for_AY_2026-27\" >Is the new tax regime obligatory for AY 2026-27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/itr-filing-by-individuals-fy-2025-26\/#Can_I_file_my_ITR_after_the_due_date\" >Can I file my ITR after the due date?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/itr-filing-by-individuals-fy-2025-26\/#Documents_required_for_filing_ITR_for_FY_2025-26\" >Documents required for filing ITR for FY 2025-26<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/itr-filing-by-individuals-fy-2025-26\/#How_do_I_select_the_appropriate_tax_regime_for_AY_2026-27\" >How do I select the appropriate tax regime for AY 2026-27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/itr-filing-by-individuals-fy-2025-26\/#Should_I_check_AIS_and_Form_26AS_before_filing_my_ITR\" >Should I check AIS and Form 26AS before filing my ITR?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/itr-filing-by-individuals-fy-2025-26\/#What_if_you_select_Wrong_ITR_Form\" >What if you select Wrong ITR Form?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/itr-filing-by-individuals-fy-2025-26\/#Is_e-verification_required_after_filing_ITR\" >Is e-verification required after filing ITR?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Which_ITR_Form_do_you_need_to_file\"><\/span><a><\/a><a><\/a>Which ITR Form do you need to file?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">This is one of the areas where a number of taxpayers are confused.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The type of ITR form you require will be determined by your sources of income, residential status and some transactions in the financial year.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"ITR-1_Sahaj\"><\/span><a><\/a><a><\/a>ITR-1 (Sahaj)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">ITR-1 may be completed by a resident person, other than a Not Ordinarily Resident, with total income of up to \u20b950 lakh of eligible sources, including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Salary or pension<\/li>\n\n\n\n<li>One house property<\/li>\n\n\n\n<li>Interest, family pension and others that qualify.<\/li>\n\n\n\n<li>Less than \u20b95,000 agricultural income.<\/li>\n\n\n\n<li>Long-term capital gains (in Section 112A) up to 1.25 lakh are eligible.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Nevertheless, ITR-1 cannot be applied in a variety of cases, such as when you have some short-term capital gains, foreign assets or income, unlisted shares, or income exceeding \u20b950 lakh.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"ITR-2\"><\/span><a><\/a><a><\/a>ITR-2<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Use ITR-2 when you are a person or HUF who does not receive any income from business or profession but can not use ITR-1.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This may involve taxpayers who have some capital gains, foreign assets or other income that makes them ineligible to the ITR-1 requirements.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"ITR-3\"><\/span><a><\/a><a><\/a>ITR-3<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">ITR-3 is a general use where one or HUF has business or professional income and does not qualify to ITR-4.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It may cover salary, house property, business or professional income, capital gains as well as income from other sources.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"ITR-4_Sugam\"><\/span><a><\/a><a><\/a>ITR-4 (Sugam)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">ITR-4 applies to eligible individuals, HUFs and firms, except LLPs, which are eligible under a <strong>presumptive scheme of taxation<\/strong> of business or professional income.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This form should be selected by checking the eligibility conditions.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"New_Tax_Regime_and_Old_Tax_Regime\"><\/span><a><\/a><a><\/a>New Tax Regime and Old Tax Regime.<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The default regime in which individuals will be taxed in AY 2026-27 is the new tax regime.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Eligible taxpayers are allowed to use old tax regime. The more appropriate one will be based on your income, deductions, exemptions and investments.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Taxable income can be subject to reduction by any of the eligible deductions under the old regime some investments, insurance payments and housing related deductions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The new regime allows fewer deductions but has different slab rates. And do not choose a regime because somebody has one.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>First compare your tax in both regimes.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Whose business or profession does not make them subject to tax, the choice of regime can usually be made directly in the ITR. Business or professional income earners who wish to exclude the new regime should be able to submit <strong>Form 10-IEA<\/strong> within the stipulated period.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Documents_that_you_should_have_on_hand\"><\/span><a><\/a><a><\/a>Documents that you should have on hand.<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Make sure to have your records prepared before commencing <strong><a href=\"https:\/\/www.mylegalbusiness.com\/income-tax-return.php\">ITR Filing<\/a> <\/strong>for FY 2025-26.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>You may need:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>PAN and Aadhaar<\/li>\n\n\n\n<li>Form 16, if salaried<\/li>\n\n\n\n<li>Form 16A, where appropriate.<\/li>\n\n\n\n<li>Annual Information Statement (AIS)<\/li>\n\n\n\n<li>Taxpayer Information Summary (TIS)<\/li>\n\n\n\n<li>Form 26AS<\/li>\n\n\n\n<li>Bank statements<\/li>\n\n\n\n<li>Details of interest income<\/li>\n\n\n\n<li>Capital gains statements<\/li>\n\n\n\n<li>Where applicable, home loan interest certificate.<\/li>\n\n\n\n<li>Evidence of deductions eligible in the selected tax regime.<\/li>\n\n\n\n<li>Specifications of foreign assets or revenues, as necessary.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Don&#8217;t depend only on Form 16.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Check AIS and Form 26AS also<\/strong>. They may assist you in determining TDS, interest or other transactions reported and you may file.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Guide_to_filing_ITR_online\"><\/span><a><\/a><a><\/a>Guide to filing ITR online.<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Online filing is quite easy when documents are prepared.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_1_Log_in\"><\/span><a><\/a><a><\/a>Step 1: Log in<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Access the Income Tax e-Filing portal and enter your PAN and password.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_2_Choose_the_Assessment_Year\"><\/span><a><\/a><a><\/a>Step 2: Choose the Assessment Year.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Select AY 2026-27 and the corresponding form of ITR.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_3_Pre-Check_Information\"><\/span><a><\/a><a><\/a>Step 3: Pre-Check Information.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Check your own information, payroll, TDS and other earnings displayed in the return.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Never think that you have it all.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_4_Enter_Income_and_Deductions\"><\/span><a><\/a><a><\/a>Step 4: Enter Income and Deductions.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Add any missing income, any deductions and other information required.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ensure that the figures are compatible with your supporting documents.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_5_Tax_Check\"><\/span><a><\/a><a><\/a>Step 5: Tax Check.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The portal is used to calculate your tax using the information you input and the regime of choice.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In case of tax is due make the necessary payment by the end of the year and file the return.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_6_Submit_and_e-Verify\"><\/span><a><\/a><a><\/a>Step 6: Submit and e-Verify<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Once submitted, verify your return with an available verification method.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Don&#8217;t simply submit the return and leave it there. Ensure a check has been done.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"When_is_the_ITR_FY_2025-26_Due_Date\"><\/span><a><\/a><a><\/a>When is the ITR FY 2025-26 Due Date?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The standard due date of taxpayers under the non-audit category was 31 July 2026, in the case of AY 2026-27. Income tax Department has also sent filing reminders on this date.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In those cases where the due date under the applicable due date is extended, the applicable deadline might vary. Indicatively, the Department indicates that the due date of ITR-4 for AY 2026-27 is 31 August 2026.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In case you have missed the initial due date, you still have time to file your return.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The late filing of AY 2026-27 can be done until 31 December 2026, with the relevant regulations enforced. Late filing charges may also be charged.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"ITR_Filing_Common_Mistakes_to_be_avoided\"><\/span><a><\/a><a><\/a>ITR Filing Common Mistakes to be avoided.<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Even a simple error can cause a notice, tax demand or even missing your refund.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Be careful of the following mistakes:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The incorrect type of ITR.<\/li>\n\n\n\n<li>Forgetting interest income<\/li>\n\n\n\n<li>Disregarding variations in AIS or Form 26AS.<\/li>\n\n\n\n<li>Taking deductions which are not permitted under the chosen regime.<\/li>\n\n\n\n<li>Putting in wrong bank account information.<\/li>\n\n\n\n<li>Reporting incorrect TDS<\/li>\n\n\n\n<li>Capital gains are not reported.<\/li>\n\n\n\n<li>Not checking foreign income or assets where applicable<\/li>\n\n\n\n<li>Failing to e-verify the return<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Review your work. Before submit<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><a><\/a><a><\/a>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">By mastering the fundamentals of filing ITR for FY 2025-26, you can file your ITR in less time choose the right ITR form, verify your income and TDS, compare the tax regimes and verify your return after filing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Before submitting, review your AIS, Form 26AS and supporting documents once again. When your income from business, capital gains, foreign assets or other complex transactions, it is advisable to seek professional advice on filing your tax returns.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you face any kind of problem during filing your ITR. <strong><a href=\"https:\/\/www.mylegalbusiness.com\/\">MYLEGAL BUSINESS<\/a><\/strong> is here to help you connect with us today for any professional support<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><a><\/a><a><\/a>FAQs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Which_ITR_do_I_need_to_file_in_FY_2025-_26\"><\/span><a><\/a><a><\/a>Which&nbsp; ITR do I need to file in FY 2025- 26?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">It is based on your income and tax profile. ITR-1 can be utilised by eligible salaried taxpayers, whereas ITR-2, ITR-3 or ITR-4 can be used under other circumstances.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_evaluation_year_of_FY_2025-26\"><\/span><a><\/a><a><\/a>What is the evaluation year of FY 2025-26?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">It is the assessment year AY 2026-27. When you are filing your return based on the income earned in FY 2025-26, choose AY 2026-27.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Is_the_new_tax_regime_obligatory_for_AY_2026-27\"><\/span><a><\/a><a><\/a>Is the new tax regime obligatory for AY 2026-27?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">No. The new tax regime will be applicable by default but eligible taxpayers will get the option to opt for the old regime as per their specific circumstances.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Can_I_file_my_ITR_after_the_due_date\"><\/span><a><\/a><a><\/a>Can I file my ITR after the due date?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Yes. A late return may be filed within the time limits prescribed by law with the appropriate late ITR filing fees and other requirements. For AY 2026-27, the Department clarifies that a belated return can be filed till 31 December 2026.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Documents_required_for_filing_ITR_for_FY_2025-26\"><\/span>Documents required for filing ITR for FY 2025-26<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">You may be required to produce your PAN, Aadhaar, Form 16, Form 16A, AIS, TIS, Form 26AS, bank statements and details of interest income. You might also need capital gains statements, home loan interest details, deduction documents and details of foreign income or assets, depending on your income.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_do_I_select_the_appropriate_tax_regime_for_AY_2026-27\"><\/span>How do I select the appropriate tax regime for AY 2026-27?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The new tax regime is the default regime for assessment year 2026-27. However, eligible taxpayers can choose to go for the old tax regime. Compare the tax payable under both regimes after taking into account your deductions, exemptions and investments before you make a choice.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Should_I_check_AIS_and_Form_26AS_before_filing_my_ITR\"><\/span>Should I check AIS and Form 26AS before filing my ITR?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Yes. You should check AIS and Form 26AS with your other income records before filing. These statements can help you to verify the reported transactions, TDS and other tax related details and identify the differences, if any that may require your attention.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_if_you_select_Wrong_ITR_Form\"><\/span>What if you select Wrong ITR Form?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Choosing the wrong ITR Form can cause problems for your return and may even result in action from the Income Tax Department. You need to choose the form based on your sources of income, your residency status and other applicable conditions.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Is_e-verification_required_after_filing_ITR\"><\/span>Is e-verification required after filing ITR?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Yes. After filing your ITR, you need to verify it through any of the available methods of verification. Filing is not complete by simply submitting the return.&nbsp;<\/p>\n\n\n\n<blockquote style=\"background-image:var(--wp--preset--gradient--pale-ocean);\" class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow has-background\">\n<p class=\"wp-block-paragraph\"><strong>ALSO READ<\/strong><\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.mylegalbusiness.com\/blog\/how-to-claim-income-tax-refund-and-track-status\/\"><strong>Income Tax Refund: How to Claim &amp; Track Status<\/strong><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.mylegalbusiness.com\/blog\/income-tax-return-due-dates-for-businesses-in-india\/\"><strong>Income Tax Return Due Dates for Businesses in India<\/strong><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.mylegalbusiness.com\/blog\/annual-compliance-for-private-limited-company\/\"><strong>Annual Compliance for Private Limited Company Guide<\/strong><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.mylegalbusiness.com\/blog\/income-tax-changes-from-1-april-2026\/\"><strong>Extensive Income Tax Changes from 1 April 2026<\/strong><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.mylegalbusiness.com\/section-8-company-registration.php\"><strong>Section 8 Company Registration<\/strong><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.mylegalbusiness.com\/insurance-marketing-firm-registration.php\"><strong>Insurance Marketing Firm Registration<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Filing your income tax return is not only about paying tax. Your return also captures your income, deductions, TDS and tax paid [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1334,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[],"class_list":["post-1333","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-itr-filing"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ITR Filing by Individuals FY 2025-26 (AY2026-27)<\/title>\n<meta name=\"description\" content=\"Know about ITR Filing by Individuals for FY 2025-26 (AY 2026-27), including eligibility, documents, tax deductions, filing process, deadlines, and refund tracking.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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