Income Tax Returns

Online Income Tax Return Filing Services:

Online income tax return filing is the process of reporting your income, deductions, taxes paid, losses and refund claims to the Income Tax Department. A correctly filed ITR helps you report income from all applicable sources, claim eligible deductions and tax credits, receive refunds for excess tax paid, carry forward eligible losses, maintain valid proof of income, and reduce the risk of tax mismatches and notices.

Tax Intelligence provides online ITR filing services for salaried individuals, professionals, proprietors, partnership firms, LLPs, companies, trusts, and NRIs.

Important Update: Income-Tax Act, 2025

The Income Tax Act, 2025, became effective from 1 April 2026. However, taxpayers must understand the transitional filing rules correctly.

Which Act Applies to Your ITR?

The return for income earned from 1 April 2025 to 31 March 2026 continues to be filed under the Income-tax Act, 1961. Taxpayers must use the notified ITR-1 to ITR-7 forms for assessment year 2026–27.

The first return under the Income Tax Act, 2025, will relate to Tax Year 2026–27 and will ordinarily be filed after the end of that tax year.

Therefore, the existing ITR forms should not be treated as renumbered forms for the current Assessment Year 2026–27.

Need Professional Assistance with ITR Filing?

Selecting the wrong ITR form, missing an income source, or claiming an ineligible deduction may lead to a defective return, tax demand, or notice.

Tax Intelligence can assist you with:

• Selection and preparation of the applicable ITR
• Income, deduction and tax calculation
• Form 26AS and AIS reconciliation
• Filing and e-verification assistance
• Revised, belated and updated-return support
• Basic guidance for tax notices and return mismatches

Explore Our Related Tax and Compliance Services

Apart from income tax return filing, Tax Intelligence also assists with:

• TDS Return Filing
• Bookkeeping and Accounting Services
• Private Limited Company Annual Filing
• LLP Annual Filing
• GST Return Filing
• Digital Signature Certificate

Which ITR Form Should You File?

Selecting the correct ITR form depends on your legal status, residential status, income sources, total income and eligibility conditions.

The following forms apply to returns for Assessment Year 2026–27 under the Income-tax Act, 1961:

Eligibility conditions for ITR forms can change through annual notifications. The taxpayer’s complete income profile should be reviewed before selecting a form.

Income Tax Return Filing Due Dates

The general ITR due date depends on whether the taxpayer is subject to an audit or transfer-pricing reporting.

For Assessment Year 2026–27, the Income Tax Department has communicated 31 July 2026 as the due date for ordinarily applicable non-audit individual returns.

The government may extend a due date through a notification or circular. Taxpayers should verify the latest notification before filing.

Tax Audit Report Due Date

For taxpayers required to undergo a tax audit, the audit report is generally due one month before the applicable ITR due date. 

For FY 2025–26, the tax audit continues under Section 44AB of the Income Tax Act, 1961. The applicable reports remain:

• Form 3CA
• Form 3CB
• Form 3CD

The corresponding tax-audit provision under the Income Tax Act, 2025, is Section 63, but it applies to the new Act framework.

Late Filing Fee and Other Consequences

For AY 2026–27 and earlier years, delayed filing is governed by Section 234F of the Income-tax Act, 1961.

Under the Income-tax Act, 2025, the corresponding late filing fee is provided under Section 428. The amounts remain ₹1,000 and ₹5,000, depending on total income.

Delay may also result in:

Interest on unpaid tax

• Restrictions on carrying forward specified losses
• Delayed processing of refund
• Difficulty in revising certain information
• Tax notices or compliance communication
• Additional cost for filing an updated return

Who is Required to File an Income Tax Return?

Income tax return filing may be mandatory based on the taxpayer’s income, legal status, transactions or other prescribed conditions.

ITR filing is generally required for:

• Individuals whose income exceeds the applicable basic exemption limit
• Individuals satisfying specified high-value transaction conditions
• Proprietors earning income from a business or profession
• Partnership firms, including firms reporting a loss
• Limited Liability Partnerships
• Private limited and public limited companies
• One-Person Companies
• Trusts, institutions and political parties covered by the applicable provisions
• Residents holding foreign assets or signing authority in foreign accounts
• Persons who need to carry forward eligible business or capital losses
• Taxpayers required to claim an income tax refund
• NRIs having taxable income or specified assets and transactions in India
• Companies and firms are generally required to file a return even when they report no income or a loss, subject to the applicable law.