How to File ITR Online 2025: Complete Guide for Individuals and Business

What is ITR Filing?

Income Tax Return (ITR) filing is the annual process of reporting your income and tax payments to the Income Tax Department. Mandatory for individuals earning above ₹2.5 lakh per year (₹3 lakh for senior citizens).

Which ITR Form to Use?

• ITR-1 (Sahaj): Salaried, income up to ₹50 lakh, one house property
• ITR-2: Capital gains, multiple properties, foreign income
• ITR-3: Business income (regular books)
• ITR-4 (Sugam): Presumptive taxation (44AD/44ADA)
• ITR-5: Firms and LLPs
• ITR-6: Companies

Documents Required

1. PAN and Aadhaar (linked)
2. Form 16 from employer
3. Form 26AS and AIS from Income Tax portal
4. Bank statements for interest income
5. Capital gains statements from broker
6. Investment proofs for deductions (80C, 80D, 80G)

Step-by-Step Filing

1. Login to incometax.gov.in with PAN
2. Go to e-File → Income Tax Returns → File ITR
3. Select AY 2025-26 and the correct ITR form
4. Verify pre-filled data and add missing details
5. Claim all eligible deductions
6. Pay any pending tax as Self-Assessment (Challan 280)
7. e-Verify using Aadhaar OTP within 30 days

New Tax Regime Changes AY 2025-26

• New regime is now the default for all individuals
• Standard deduction: ₹75,000 under new regime (was ₹50,000)
• No tax up to ₹7 lakh income (Rebate 87A)