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Online ITR Filing: Online filing of ITR-1 and ITR-4 has started, after this deadline a penalty of Rs 5000 will be imposed

Online ITR Filing: Even if the tax liability is zero, it is mandatory to file ITR if the income is more than a limit. It can be filed both offline and online. ITR-1 and ITR-4 filing is now active in online mode as well. Check the deadline and penalty for missing the deadline along with which taxpayers ITR-1 and ITR-4 are for?

Online ITR Filing: If you have to file ITR-1 or ITR-4, now you can also file it in online mode. The Income Tax Department has given its information on X (formerly Twitter). The Income Tax Department has written in the tweet that now ITR-1 and ITR-4 forms can also be filled in online mode. Prefilled data for the financial year 2024-25 i.e. assessment year 2025-26 has been made available for taxpayers. Let us tell you that this time the deadline for ITR filing is 15 September 2025. If you miss it, then you may have to pay a fine of ₹ 1000 on income less than ₹ 5 lakh and ₹ 5000 on income more than ₹ 5 lakh.

Who is ITR-1 form for?

ITR-1 Form is to be filed in case of income from salary, income from one house property (provided losses from previous years are not carried forward), income from other sources (excluding earnings from lottery and horse racing), long-term capital gains up to ₹1.25 lakh (provided capital losses from previous years are not carried forward).

Shyamu Maurya
Shyamu Maurya
Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.com
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