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Don’t rush to file your ITR” highlights the risks of filing your Income Tax Return (ITR) too early, especially before Form 26AS and AIS (Annual Information Statement) are fully updated.
Summary
Action | Recommendation |
File ITR before June 15 | ❌ Avoid — Data mismatch risk |
File ITR after June 15 | ✅ Safer — Form 26AS/AIS updated |
File revised return after Dec 31 | ❌ Avoid — Interest + penalty |
File revised return by Dec 31 | ✅ Allowed without extra cost |
Section | Purpose | Deduction Limit |
80E | Education loan interest | No limit (interest only) |
80TTA / 80TTB | Savings/Deposit interest | ₹10,000 / ₹50,000 |
80DD | Maintenance of disabled dependent | ₹75,000 / ₹1,25,000 |
80GGC | Donation to political parties | 100% (non-cash) |
80RRB | Royalty/patent income | Up to ₹3,00,000 |
Taxpayer Category | Original Due Date | Revised Return Due Date | Belated Return Due Date |
A. Company | 31/10/2025 | 31/12/2025 | 31/12/2025 |
B. Other than Company (where audit is applicable) | 31/10/2025 | 31/12/2025 | 31/12/2025 |
C. Partner of Firm (where audit is applicable) | 31/10/2025 | 31/12/2025 | 31/12/2025 |
D. Transfer Pricing (Section 92E) | 30/11/2025 | 31/12/2025 | 31/12/2025 |
Other than A/B/C/D (Individuals & Non-Audit Cases) | 31/07/2025 | 31/12/2025 | 31/12/2025 |
Key Notes:
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