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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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