The Income Tax Return (ITR) filing window for FY 2025-26 (AY 2026-27) is now open. The deadline for individuals without tax audit is 31 July 2026. Missing this deadline means a late fee of ₹5,000 (₹1,000 if total income is below ₹5 lakh).
Which ITR Form Should You File?
| Form | For Whom |
|---|---|
| ITR-1 (Sahaj) | Salaried individuals, income up to ₹50 lakh, one house property, no business income |
| ITR-2 | Capital gains, multiple house properties, or foreign income/assets |
| ITR-3 | Business or profession income |
| ITR-4 (Sugam) | Presumptive income under Sections 44AD, 44ADA, or 44AE |
New Tax Regime Slabs — FY 2025-26
The New Tax Regime is the default from FY 2023-24. You must actively opt for the Old Regime when filing.
| Income Range | Tax Rate (New Regime) |
|---|---|
| Up to ₹4,00,000 | Nil |
| ₹4,00,001 – ₹8,00,000 | 5% |
| ₹8,00,001 – ₹12,00,000 | 10% |
| ₹12,00,001 – ₹16,00,000 | 15% |
| ₹16,00,001 – ₹20,00,000 | 20% |
| ₹20,00,001 – ₹24,00,000 | 25% |
| Above ₹24,00,000 | 30% |
Section 87A rebate: Zero tax if taxable income up to ₹7 lakh under the new regime.
ITR Filing Checklist — FY 2025-26
- ✅ PAN linked with Aadhaar (mandatory for filing)
- ✅ Form 16 from all employers
- ✅ AIS and TIS verified on income tax portal (incometax.gov.in)
- ✅ Bank statements for all accounts
- ✅ Investment proofs (80C, 80D, HRA, LTA)
- ✅ Capital gains statements from broker or mutual fund
- ✅ Home loan interest certificate from lender
- ✅ Rental income details (if applicable)
- ✅ Foreign asset or income details (Schedule FA/FSI)
Key Deadlines — AY 2026-27
- 31 July 2026 — Individuals and non-audit cases
- 31 October 2026 — Tax audit cases
- 31 December 2026 — Belated return (with ₹5,000 late fee)
Expert CA-assisted ITR filing for salaried, business owners, NRIs. 100% accurate. Fast refunds.
Frequently Asked Questions
What is the last date to file ITR for FY 2025-26?
The deadline to file ITR for FY 2025-26 (AY 2026-27) for individuals and non-audit cases is 31 July 2026. Late filing after this date attracts a fee of ₹5,000 (₹1,000 for income below ₹5 lakh).
Can I switch from new to old tax regime in FY 2025-26?
Yes. Salaried individuals can switch between old and new tax regime every year when filing their ITR. The new regime is the default — you must explicitly opt for the old regime at the time of filing. Use our free tax calculator to compare which regime saves you more.
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