19/04/2025
TR Filing Season is Here!
(For FY 2024–25 / AY 2025–26)
The new financial year has kicked off, and so has the countdown to the Income Tax Return (ITR) filing deadline. If you’re a non-audit assessee, make sure to file your return by 31st July 2025.
To make things easier, here’s a handy checklist of documents you’ll need—whether you’re salaried, a business owner, a property owner, or an investor.
Documents to Keep Ready:
1. Basic Information
PAN, Aadhaar, Bank & Loan statements, Income Tax Portal password
2. If Salaried
• Form 16 (to be shared by your employer by June 15th)
• If unavailable: use bank statements, employer certificate, or self-calculated salary details
3. If You Own a House
• Rent details, Home loan statement, Property tax receipts
4. If You’re a Business Owner
• If books are maintained: Profit & Loss statement, Balance Sheet
• If books are not maintained: Sales, cash flow, and stock details
5. If You’ve Sold Property, Shares, Gold, or Crypto
• Sale and purchase details
6. Other Income Sources
• Interest from banks, dividends, agricultural income, commissions, etc.
7. For Claiming Deductions
• Life insurance, PPF, NPS, school fees, home loan interest, mediclaim, donations, EV loan, etc.
Note: For GST-registered businesses, sales should match your GST returns.
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Late Filing Penalty:
• Rs. 1,000 if total income ≤ Rs. 5,00,000
• Rs. 5,000 if total income > Rs. 5,00,000
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Avoid the last-minute rush—start gathering your documents now!
Need help organizing or filing your return?
Feel free to DM—happy to guide you through the process.