Relief for taxpayers... ITR filing deadline extended, keep these 10 things in mind while paying Income Tax..

If you have not yet filed your income tax return (Income Tax Return Filing 2025), then you do not have much time now. The government has extended the last date for filing ITR for the financial year 2024-25 from 31 July to 15 September 2025. But it would be wrong to think that now you will be able to pay tax comfortably. Often, people make mistakes in a hurry near the deadline (ITR Filing Deadline), which is very important to avoid.

Is it necessary for you to file ITR?

If your total annual income is Rs 2.5 lakh or more in the Old Tax Regime and Rs 3 lakh or more in the New Tax Regime, then you must file ITR, even if your tax is not due.

Let us know about those 10 things, which must be kept in mind while filling out the ITR, so that you do not have to face problems like delay in ITR refund, ITR notice, or penalty.

Choosing the wrong ITR form
There is a different ITR form for every person. If you are salaried, annual income is less than ₹ 50 lakh, and there is no capital gain, then you can fill out ITR Form 1. But if you choose the wrong form, your return may be defective, and you may get a notice from the IT department.

Writing the wrong assessment year
This year you are filing the return for the financial year 2024-25, so the assessment year will be 2025-26. Many people get confused about this and fill in the old or the next year, due to which the return may be rejected.

Mistake in personal details
It is common to fill in basic information like name, mobile number, date of birth, PAN, email ID, or bank account details incorrectly, but this can get your refund stuck. So fill each detail carefully.

It is important to give information about all income
It is important to include not only salary or business income, but also interest received on savings account, FD interest, rental income, short-term gain from shares, etc. Hiding income can become a reason for notice or penalty in the future.

Take care of the format.
While filling in the ITR form, take care of the correct format. For example, filling in date, name, IFSC code, etc., in the wrong format can lead to technical errors.

Choosing the wrong tax regime
Now you have the option to choose either the old or the new tax system. But if you do not choose the right option, you may end up paying more tax than necessary. Understand your tax calculation before filing the return.

Do not forget to verify the ITR.
Many people forget after filing the return that it is also necessary to e-verify it. If you do not verify the ITR, then it will not be considered filed. For this, you can use Aadhaar OTP, netbanking, or other options.

Do not forget to claim tax exemption.
If you have earned money from the sale of a property and have reinvested that money, then you can take advantage of tax exemption under section 54, 54EC, or 54F. Do not forget to give these details.

Ignoring advance tax
If you are self-employed or TDS is not being deducted on your income, then you must pay advance tax on time. If you have paid less tax or have not paid it, then 1% interest may be charged every month on the remaining amount.

Do not ignore the tax notice.
If you have received a notice from the Income Tax Department, do not ignore it. Failure to respond on time may result in penalty or legal action.

Filing ITR is not just a formality but a part of your financial planning. If you have not filed your return yet, then file it before 15 September. Keep these important things in mind while filing your tax. This will not only solve your tax related problems but will also strengthen your financial records.

Disclaimer: This content has been sourced and edited from NDTV India. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.