Online ITR filing 2025: Two forms are ready for filing income tax returns online. The Income Tax Department gave this information on social media on Wednesday morning. The department has said that ITR-1 or ITR-4 forms are ready for filing with pre-filled data. These forms are for the financial year 2024-25 or assessment year 2025-26.
However, people are still facing problems in filing returns with pre-filled data. Many people have complained about this in response to the Income Tax Department’s tweet on social media ‘X’. One complainant wrote, “There is still a problem in online mode. After clicking on ‘Confirm’, the step does not proceed. Have to go back on the browser.” Another person wrote, “Why does it get stuck at the personal information stage?”
What is ITR-1 for
Vivek Jalan, partner, Tax Connect Advisory Services LLP, said that if your income is from salary, pension, one housing property or other sources (except betting, gambling and lottery), then you can use ITR-1 to file returns. Even if the income from agriculture is up to Rs 5000, this form is for you. To fill this form, you will need documents like Form 16, receipt of payment made for investment, rent receipt if you live on rent, etc. ITR-1 is also called ‘Sahaj’.
What is ITR-4 for
This form is also called ‘Sugam’. It is for individual income tax payers, Hindu Undivided Families and partnership firms. If you have opted for presumptive tax on business income under sections 44AD, 44ADA and 44AE of the Income Tax Act, then this form is also suitable for you. To fill it, documents like Form 16/16A, Form 26AS and AIS, housing loan interest certificate, rental agreement, rent receipt, bank statement, investment premium payment receipt etc. are required.
ITR-1 is not for these people
If your annual income is more than Rs 50 lakh, income from agriculture is more than Rs 5000, other taxable capital gains under section 112A other than long term capital gain are up to Rs 1.25 lakh, if you earn from business or profession, have income from more than one housing property, if you are a director of a company, at any time during the entire financial year you have invested in shares of an unlisted company, you have any property outside India, if you are Resident Not Ordinarily Resident (RNOR) or non-resident, have any kind of income from abroad, if tax deduction has been made under section 194N, if you have carried forward any loss.
These people cannot use ITR-4
If your annual income is more than Rs 50 lakh, you have income from more than one housing property, you have any property outside India, you have any kind of income from abroad, you have signing authority in any account outside India, if you are a director of a company, you have invested in shares of an unlisted company at any time during the entire financial year, if you are a Resident Not Ordinarily Resident (RNOR) or Non-Resident, if you have carried forward any loss.
