{"id":29678,"date":"2025-08-13T18:30:32","date_gmt":"2025-08-13T13:00:32","guid":{"rendered":"https:\/\/carajput.com\/blog\/?p=29678"},"modified":"2026-06-15T02:08:57","modified_gmt":"2026-06-14T20:38:57","slug":"caution-dont-fall-for-ultra-cheap-inr-24-itr-filing-trap","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/caution-dont-fall-for-ultra-cheap-inr-24-itr-filing-trap\/","title":{"rendered":"Caution: Don\u2019t Fall for Ultra-Cheap \u201cINR 24 ITR Filing\u201d Trap"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Page Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a41f84419ea6\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a41f84419ea6\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/carajput.com\/blog\/caution-dont-fall-for-ultra-cheap-inr-24-itr-filing-trap\/#JioFinance_Launches_INR_24_ITR_Filing_Service_Convenience_with_Caveats\" title=\"JioFinance Launches INR 24 ITR Filing Service Convenience with Caveats\">JioFinance Launches INR 24 ITR Filing Service Convenience with Caveats<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/carajput.com\/blog\/caution-dont-fall-for-ultra-cheap-inr-24-itr-filing-trap\/#Professional_Caution_on_Ultra-Cheap_ITR_Filing_Offers_INR_24_Cases\" title=\"Professional Caution on Ultra-Cheap ITR Filing Offers (INR 24 Cases)\">Professional Caution on Ultra-Cheap ITR Filing Offers (INR 24 Cases)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/carajput.com\/blog\/caution-dont-fall-for-ultra-cheap-inr-24-itr-filing-trap\/#CAs_Perspective\" title=\"CA\u2019s Perspective:\">CA\u2019s Perspective:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/carajput.com\/blog\/caution-dont-fall-for-ultra-cheap-inr-24-itr-filing-trap\/#Dont_Fall_for_Ultra-Cheap_%E2%80%9CINR_24_ITR_Filing%E2%80%9D_Traps\" title=\"Don\u2019t Fall for Ultra-Cheap \u201cINR 24 ITR Filing\u201d Traps\">Don\u2019t Fall for Ultra-Cheap \u201cINR 24 ITR Filing\u201d Traps<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/carajput.com\/blog\/caution-dont-fall-for-ultra-cheap-inr-24-itr-filing-trap\/#A_wrong_or_incomplete_return_can_result_in\" title=\"A wrong or incomplete return can result in:\">A wrong or incomplete return can result in:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/carajput.com\/blog\/caution-dont-fall-for-ultra-cheap-inr-24-itr-filing-trap\/#Filing_your_Income_Tax_Return_ITR_Pre-Filing_Checklist\" title=\"Filing your Income Tax Return (ITR) : Pre-Filing Checklist\">Filing your Income Tax Return (ITR) : Pre-Filing Checklist<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/carajput.com\/blog\/caution-dont-fall-for-ultra-cheap-inr-24-itr-filing-trap\/#Verify_your_basic_details\" title=\"Verify your basic details\">Verify your basic details<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/carajput.com\/blog\/caution-dont-fall-for-ultra-cheap-inr-24-itr-filing-trap\/#ITR_Selection_Guide_AY_2026%E2%80%9327_PY_2025%E2%80%9326\" title=\"ITR Selection Guide (AY 2026\u201327 \/ PY 2025\u201326)\">ITR Selection Guide (AY 2026\u201327 \/ PY 2025\u201326)<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/carajput.com\/blog\/caution-dont-fall-for-ultra-cheap-inr-24-itr-filing-trap\/#Which_ITR_to_Select_%E2%80%93_ITR_at_a_Glance_%E2%80%93_Choose_an_ITR_based_on_Nature_of_Income_Type_of_Assessee_Complexity_of_Income\" title=\"Which ITR to Select &#8211; ITR at a Glance\u00a0&#8211;\u00a0Choose an ITR based on: Nature of Income + Type of Assessee + Complexity of Income\">Which ITR to Select &#8211; ITR at a Glance\u00a0&#8211;\u00a0Choose an ITR based on: Nature of Income + Type of Assessee + Complexity of Income<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/carajput.com\/blog\/caution-dont-fall-for-ultra-cheap-inr-24-itr-filing-trap\/#Individuals-_ITR_Selection_Guide\" title=\"Individuals-\u00a0ITR Selection Guide\">Individuals-\u00a0ITR Selection Guide<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/carajput.com\/blog\/caution-dont-fall-for-ultra-cheap-inr-24-itr-filing-trap\/#Non-Individual_Cases-_ITR_Selection_Guide\" title=\"Non-Individual Cases-\u00a0ITR Selection Guide\">Non-Individual Cases-\u00a0ITR Selection Guide<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/carajput.com\/blog\/caution-dont-fall-for-ultra-cheap-inr-24-itr-filing-trap\/#Cases_Where_ITR-1_ITR-4_NOT_Allowed-_help_in_ITR_Selection\" title=\"Cases Where ITR-1 &amp; ITR-4 NOT Allowed- help in\u00a0ITR Selection\u00a0\">Cases Where ITR-1 &amp; ITR-4 NOT Allowed- help in\u00a0ITR Selection\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/carajput.com\/blog\/caution-dont-fall-for-ultra-cheap-inr-24-itr-filing-trap\/#Other_Important_Forms-_in_ITR_Selection\" title=\"Other Important Forms- in\u00a0ITR Selection\u00a0\">Other Important Forms- in\u00a0ITR Selection\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/carajput.com\/blog\/caution-dont-fall-for-ultra-cheap-inr-24-itr-filing-trap\/#Quick_Interpretation_in_ITR_Selection_Guide\" title=\"Quick Interpretation in ITR Selection Guide\">Quick Interpretation in ITR Selection Guide<\/a><\/li><\/ul><\/nav><\/div>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-29679\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-13-172155.png\" alt=\"Cheap ITR Filing Offers\" width=\"1116\" height=\"628\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-13-172155.png 711w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-13-172155-300x169.png 300w\" sizes=\"(max-width: 1116px) 100vw, 1116px\" \/><\/p>\n<h2 data-start=\"197\" data-end=\"272\"><span class=\"ez-toc-section\" id=\"JioFinance_Launches_INR_24_ITR_Filing_Service_Convenience_with_Caveats\"><\/span><span style=\"color: #000080;\"><strong data-start=\"197\" data-end=\"270\">JioFinance Launches INR 24 ITR Filing Service Convenience with Caveats<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"274\" data-end=\"609\">Reliance-owned Jio Financial Services has introduced a new, ultra-affordable Income Tax Return filing module on its JioFinance app, starting at just INR 24 for self-service filing.\u00a0 They made a platform that aims to make tax filing more accessible, especially for first-time filers, and offers two options:<\/p>\n<ul data-start=\"611\" data-end=\"765\">\n<li data-start=\"611\" data-end=\"687\">\n<p data-start=\"613\" data-end=\"687\">Self-Service Filing \u2013 INR 24, a do-it-yourself process with guided steps.<\/p>\n<\/li>\n<li data-start=\"688\" data-end=\"765\">\n<p data-start=\"690\" data-end=\"765\">Expert-Assisted Filing \u2013 Starting at INR\u00a0 999, handled by tax professionals.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"0\" data-end=\"257\">INR 24 ITR filing with integrated tax planning is definitely going to shake up the lower end of the tax filing market. It\u2019s very similar to what happened in other industries when tech-driven, ultra-low-cost platforms entered:<\/p>\n<ul data-start=\"259\" data-end=\"484\">\n<li data-start=\"259\" data-end=\"362\">\n<p data-start=\"261\" data-end=\"362\">Banking: \u00a0UPI made basic transfers free, forcing banks to focus on wealth management &amp; lending.<\/p>\n<\/li>\n<li data-start=\"363\" data-end=\"484\">\n<p data-start=\"365\" data-end=\"484\">Travel : Online portals killed small-ticket booking fees but created opportunities in curated travel experiences.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"767\" data-end=\"1029\">The app also includes a Tax Planner for projecting future liabilities, maximising deductions, comparing old vs new tax regimes, and simplifying tax compliance. Post-filing, users can track return status, monitor refunds, and receive alerts for tax notices. \u00a0Jio Financial Services could be a game changer for simple cases, but for anything beyond that, a professional review remains the safest investment.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Professional_Caution_on_Ultra-Cheap_ITR_Filing_Offers_INR_24_Cases\"><\/span><span style=\"color: #000080;\"><strong>Professional Caution on Ultra-Cheap ITR Filing Offers (INR 24 Cases)<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-29699\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/08\/24.jpg\" alt=\"\" width=\"1163\" height=\"590\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/08\/24.jpg 968w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/08\/24-300x152.jpg 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/08\/24-768x390.jpg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/08\/24-800x406.jpg 800w\" sizes=\"(max-width: 1163px) 100vw, 1163px\" \/><\/p>\n<p>As a Chartered Accountant, I strongly caution taxpayers against blindly trusting ultra-cheap \u201cINR 24 Income Tax Return filing\u201d offers. Filing an Income Tax Return is not just data entry. It requires correct interpretation of tax provisions, claiming all eligible deductions, choosing the right regime, reporting capital gains accurately, setting off losses, and avoiding compliance pitfalls.\u00a0 it requires accurate interpretation of provisions, correct claim of deductions, selection of the right tax regime, reporting of capital gains, setting off of losses, and avoiding compliance pitfalls.<\/p>\n<h3 data-start=\"1031\" data-end=\"1357\"><span class=\"ez-toc-section\" id=\"CAs_Perspective\"><\/span><span style=\"color: #000080;\"><strong data-start=\"1031\" data-end=\"1052\">CA\u2019s Perspective:<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"1031\" data-end=\"1357\">While technology-led solutions like this can simplify filing for basic ITR-1 salaried cases, taxpayers should be cautious when income involves complexities such as capital gains, business\/profession income, foreign assets, or carry-forward of losses.<br data-start=\"1309\" data-end=\"1312\" \/>A wrong or incomplete return can result in:<\/p>\n<ul data-start=\"1358\" data-end=\"1475\">\n<li data-start=\"1358\" data-end=\"1383\">\n<p data-start=\"1360\" data-end=\"1383\">Notices and penalties<\/p>\n<\/li>\n<li data-start=\"1384\" data-end=\"1424\">\n<p data-start=\"1386\" data-end=\"1424\">Missed deduction or exemption claims<\/p>\n<\/li>\n<li data-start=\"1425\" data-end=\"1457\">\n<p data-start=\"1427\" data-end=\"1457\">Incorrect tax regime lock-in<\/p>\n<\/li>\n<li data-start=\"1458\" data-end=\"1475\">\n<p data-start=\"1460\" data-end=\"1475\">Refund delays<\/p>\n<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Dont_Fall_for_Ultra-Cheap_%E2%80%9CINR_24_ITR_Filing%E2%80%9D_Traps\"><\/span><span style=\"color: #000080;\">Don\u2019t Fall for Ultra-Cheap \u201cINR 24 ITR Filing\u201d Traps<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Such ultra-low prices often mean limited scope, hidden upselling, or zero accountability. While apps and online platforms can assist, they cannot replace professional judgement especially for anything beyond a very basic ITR-1 salary case. These low-price packages often have limited scope, hidden upselling, or zero accountability. While mobile apps can be useful for basic ITR-1 salaried cases, they cannot replace professional judgement for cases involving:<\/p>\n<ul>\n<li>Capital gains<\/li>\n<li>Multiple sources of income<\/li>\n<li>Foreign income or assets<\/li>\n<li>Business\/profession income<\/li>\n<li>Past losses or complex adjustments<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"A_wrong_or_incomplete_return_can_result_in\"><\/span><span style=\"color: #000080;\"><strong>A wrong or incomplete return can result in:<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Income Tax notices &amp; penalties<\/li>\n<li>Loss of carry-forward benefits for past losses<\/li>\n<li>Wrong tax regime lock-in for future years<\/li>\n<li>Delayed or denied refunds<\/li>\n<li>Tax notices and penalties<\/li>\n<li>Loss of carry-forward benefits on past losses<\/li>\n<li>Unwanted tax regime lock-in for future years<\/li>\n<li>Delays or denials of refunds<\/li>\n<\/ul>\n<p>Bottom line: For basic filing\u00a0 threat. For professionals willing to reposition towards advisory + tech integration\u00a0 huge opportunity.<\/p>\n<p><span style=\"color: #000080;\"><strong>Our Advice: <\/strong><\/span><\/p>\n<p>If your return involves any complexity, invest in a professional review. Saving a few hundred now could cost you thousands \u2014 and significant stress later. If your income involves capital gains, multiple sources, foreign income, business\/profession, or past losses, get your return professionally reviewed. The few hundred you save today could cost you thousands and a lot of stress later.<\/p>\n<h2 data-start=\"228\" data-end=\"293\"><span class=\"ez-toc-section\" id=\"Filing_your_Income_Tax_Return_ITR_Pre-Filing_Checklist\"><\/span><span style=\"color: #000080;\">Filing your Income Tax Return (ITR) : Pre-Filing Checklist<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-29801\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/08\/Filing-your-Income-Tax-Return-ITR-Pre-Filing-Checklist.jpg\" alt=\"Filing your Income Tax Return (ITR) : Pre-Filing Checklist\" width=\"1122\" height=\"1634\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/08\/Filing-your-Income-Tax-Return-ITR-Pre-Filing-Checklist.jpg 879w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/08\/Filing-your-Income-Tax-Return-ITR-Pre-Filing-Checklist-206x300.jpg 206w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/08\/Filing-your-Income-Tax-Return-ITR-Pre-Filing-Checklist-703x1024.jpg 703w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/08\/Filing-your-Income-Tax-Return-ITR-Pre-Filing-Checklist-768x1118.jpg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/08\/Filing-your-Income-Tax-Return-ITR-Pre-Filing-Checklist-800x1165.jpg 800w\" sizes=\"(max-width: 1122px) 100vw, 1122px\" \/><\/p>\n<p data-start=\"295\" data-end=\"328\"><strong><span style=\"color: #000080;\">Pick the correct ITR form<\/span><\/strong><\/p>\n<ul data-start=\"329\" data-end=\"540\">\n<li data-start=\"329\" data-end=\"368\">\n<p data-start=\"331\" data-end=\"368\">ITR-1: Salaried (income \u2264 \u20b950L)<\/p>\n<\/li>\n<li data-start=\"369\" data-end=\"434\">\n<p data-start=\"371\" data-end=\"434\">ITR-2: Salary + capital gains \/ &gt;1 house \/ foreign income<\/p>\n<\/li>\n<li data-start=\"435\" data-end=\"471\">\n<p data-start=\"437\" data-end=\"471\">ITR-3: Business \/ profession<\/p>\n<\/li>\n<li data-start=\"472\" data-end=\"540\">\n<p data-start=\"474\" data-end=\"540\">ITR-4: Presumptive income &#8211;<\/p>\n<\/li>\n<li data-start=\"472\" data-end=\"540\">\n<p data-start=\"474\" data-end=\"540\">Wrong form = defective return<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"547\" data-end=\"580\"><span class=\"ez-toc-section\" id=\"Verify_your_basic_details\"><\/span><span style=\"color: #000080;\">Verify your basic details<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul data-start=\"581\" data-end=\"687\">\n<li data-start=\"581\" data-end=\"609\">\n<p data-start=\"583\" data-end=\"609\">PAN, Aadhaar, name match<\/p>\n<\/li>\n<li data-start=\"610\" data-end=\"661\">\n<p data-start=\"612\" data-end=\"661\">Correct bank account (pre-validated for refund)<\/p>\n<\/li>\n<li data-start=\"662\" data-end=\"687\">\n<p data-start=\"664\" data-end=\"687\">Update mobile &amp; email<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"694\" data-end=\"722\"><strong><span style=\"color: #000080;\">Match income sources<\/span><\/strong><\/p>\n<ul data-start=\"723\" data-end=\"864\">\n<li data-start=\"723\" data-end=\"743\">\n<p data-start=\"725\" data-end=\"743\">Form 16 (salary)<\/p>\n<\/li>\n<li data-start=\"744\" data-end=\"806\">\n<p data-start=\"746\" data-end=\"806\">Form 26AS \/ AIS (TDS, interest, dividends, MF redemptions)<\/p>\n<\/li>\n<li data-start=\"807\" data-end=\"864\">\n<p data-start=\"809\" data-end=\"864\">Other incomes: rent, freelance, crypto, lottery, etc.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"871\" data-end=\"903\"><strong><span style=\"color: #000080;\">Collect deduction proofs<\/span><\/strong><\/p>\n<ul data-start=\"904\" data-end=\"1063\">\n<li data-start=\"904\" data-end=\"952\">\n<p data-start=\"906\" data-end=\"952\">80C: LIC, PPF, ELSS, home loan principal<\/p>\n<\/li>\n<li data-start=\"953\" data-end=\"982\">\n<p data-start=\"955\" data-end=\"982\">80D: Health insurance<\/p>\n<\/li>\n<li data-start=\"983\" data-end=\"1005\">\n<p data-start=\"985\" data-end=\"1005\">80G: Donations<\/p>\n<\/li>\n<li data-start=\"1006\" data-end=\"1039\">\n<p data-start=\"1008\" data-end=\"1039\">24(b): Home loan interest<\/p>\n<\/li>\n<li data-start=\"1040\" data-end=\"1063\">\n<p data-start=\"1042\" data-end=\"1063\">HRA, LTA exemptions<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"1070\" data-end=\"1103\"><strong><span style=\"color: #000080;\">Account for capital gains<\/span><\/strong><\/p>\n<ul data-start=\"1104\" data-end=\"1235\">\n<li data-start=\"1104\" data-end=\"1140\">\n<p data-start=\"1106\" data-end=\"1140\">Shares \/ MFs\u00a0 : broker statements<\/p>\n<\/li>\n<li data-start=\"1141\" data-end=\"1188\">\n<p data-start=\"1143\" data-end=\"1188\">Property : purchase\/sale deeds, TDS details<\/p>\n<\/li>\n<li data-start=\"1189\" data-end=\"1235\">\n<p data-start=\"1191\" data-end=\"1235\">Crypto \/ NFT : disclose under correct head<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"1242\" data-end=\"1279\"><strong><span style=\"color: #000080;\">Choose your tax regime wisely<\/span><\/strong><\/p>\n<ul data-start=\"1280\" data-end=\"1434\">\n<li data-start=\"1280\" data-end=\"1327\">\n<p data-start=\"1282\" data-end=\"1327\">Old Regime: More deductions, exemptions<\/p>\n<\/li>\n<li data-start=\"1328\" data-end=\"1434\">\n<p data-start=\"1330\" data-end=\"1434\">New Regime: Lower slab rates, fewer deductions<\/p>\n<\/li>\n<li data-start=\"1328\" data-end=\"1434\">\n<p data-start=\"1330\" data-end=\"1434\">Taxpayer Calculate both, pick whichever gives lower tax<\/p>\n<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"ITR_Selection_Guide_AY_2026%E2%80%9327_PY_2025%E2%80%9326\"><\/span><span style=\"color: #000080;\"><strong>ITR Selection Guide (AY 2026\u201327 \/ PY 2025\u201326)<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-32124\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/08\/photo_2026-06-15_00-43-15.jpg\" alt=\"Which ITR to Select - ITR at a Glance\" width=\"1071\" height=\"1071\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/08\/photo_2026-06-15_00-43-15.jpg 1071w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/08\/photo_2026-06-15_00-43-15-300x300.jpg 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/08\/photo_2026-06-15_00-43-15-1024x1024.jpg 1024w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/08\/photo_2026-06-15_00-43-15-150x150.jpg 150w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/08\/photo_2026-06-15_00-43-15-768x768.jpg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/08\/photo_2026-06-15_00-43-15-800x800.jpg 800w\" sizes=\"(max-width: 1071px) 100vw, 1071px\" \/><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_ITR_to_Select_%E2%80%93_ITR_at_a_Glance_%E2%80%93_Choose_an_ITR_based_on_Nature_of_Income_Type_of_Assessee_Complexity_of_Income\"><\/span><span style=\"color: #000080;\"><strong>Which ITR to Select &#8211; ITR at a Glance\u00a0&#8211;\u00a0Choose an ITR based on: Nature of Income + Type of Assessee + Complexity of Income<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3><span class=\"ez-toc-section\" id=\"Individuals-_ITR_Selection_Guide\"><\/span><span style=\"color: #000080;\"><strong>Individuals-\u00a0ITR Selection Guide<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"___i31lg00 f10pi13n f14t3ns0 f1nbblvp fat0sn4 f1ov4xf1 fekwl8i f1lmfglv f1oz7aqm f1abmfm4 f1w619qj f16h0jq8\">\n<table class=\"___1hm93bs f14tj6oe f16pyhcb f16vktn6 f1794535 f1ddd56o f1el8yx3 f1enuhaj f1ev3kgc f1fu4s3n f1hmrcvb f1jq587y f1ofu761 f1pymoxg f1s2k7dp f1uinfot f1yenhzu f1yn6nvh f3l3pb3 f4zgifc f70r78m f7coize f8fmt76 f9yszdx fc43013 fc4t9fq fdclmfp fe6itr fgp09rh fibjyge fic4ptz fjnyn6r fjvbh62 fk1v6el fo436u6 ftgm304 fvueend fysh76l fzy4j18 cke_show_border\">\n<tbody>\n<tr>\n<th><strong>SCENARIO<\/strong><\/th>\n<th><strong>CONDITION<\/strong><\/th>\n<th><strong>ITR FORM<\/strong><\/th>\n<th><strong>DUE DATE<\/strong><\/th>\n<\/tr>\n<tr>\n<td>Business\/Profession + Presumptive Taxation<\/td>\n<td>Opting for 44AD \/ 44ADA \/ 44AE<\/td>\n<td><strong>ITR-4<\/strong><\/td>\n<td>31 Aug<\/td>\n<\/tr>\n<tr>\n<td>Business\/Profession (Non-Presumptive)<\/td>\n<td>Regular books \/ audit cases<\/td>\n<td><strong>ITR-3<\/strong><\/td>\n<td>31 Aug (Non-audit) \/ 31 Oct (Audit)<\/td>\n<\/tr>\n<tr>\n<td>No Business Income + Simple Income \u2264 \u20b950L<\/td>\n<td>Salary + 1\/2 house property + interest + LTCG (Sec 112A \u2264 \u20b91.25L) + Agri \u2264 \u20b95K<\/td>\n<td><strong>ITR-1 (Sahaj)<\/strong><\/td>\n<td>31 Aug<\/td>\n<\/tr>\n<tr>\n<td>No Business Income + Complex Income<\/td>\n<td>Capital gains, multiple properties, foreign assets etc.<\/td>\n<td><strong>ITR-2<\/strong><\/td>\n<td>31 Aug (Non-audit) \/ 31 Oct (Audit if applicable)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<h3><span class=\"ez-toc-section\" id=\"Non-Individual_Cases-_ITR_Selection_Guide\"><\/span><span style=\"color: #000080;\"><strong>Non-Individual Cases-\u00a0ITR Selection Guide<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"___i31lg00 f10pi13n f14t3ns0 f1nbblvp fat0sn4 f1ov4xf1 fekwl8i f1lmfglv f1oz7aqm f1abmfm4 f1w619qj f16h0jq8\">\n<table class=\"___1hm93bs f14tj6oe f16pyhcb f16vktn6 f1794535 f1ddd56o f1el8yx3 f1enuhaj f1ev3kgc f1fu4s3n f1hmrcvb f1jq587y f1ofu761 f1pymoxg f1s2k7dp f1uinfot f1yenhzu f1yn6nvh f3l3pb3 f4zgifc f70r78m f7coize f8fmt76 f9yszdx fc43013 fc4t9fq fdclmfp fe6itr fgp09rh fibjyge fic4ptz fjnyn6r fjvbh62 fk1v6el fo436u6 ftgm304 fvueend fysh76l fzy4j18 cke_show_border\" style=\"height: 173px;\" width=\"1120\">\n<tbody>\n<tr>\n<th><strong>ENTITY TYPE<\/strong><\/th>\n<th><strong>ITR FORM<\/strong><\/th>\n<th><strong>DUE DATE<\/strong><\/th>\n<\/tr>\n<tr>\n<td>Company<\/td>\n<td><strong>ITR-6<\/strong><\/td>\n<td>31 Oct<\/td>\n<\/tr>\n<tr>\n<td>Trust \/ Charitable Institution<\/td>\n<td><strong>ITR-7<\/strong><\/td>\n<td>31 July (Non-audit) \/ 31 Oct (Audit)<\/td>\n<\/tr>\n<tr>\n<td>Firms, LLP, AOP, BOI (Any Other)<\/td>\n<td><strong>ITR-5<\/strong><\/td>\n<td>31 July (Non-audit) \/ 31 Oct (Audit) \/ 31 Aug (Business cases as per image context)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Cases_Where_ITR-1_ITR-4_NOT_Allowed-_help_in_ITR_Selection\"><\/span><span style=\"color: #000080;\"><strong>Cases Where ITR-1 &amp; ITR-4 NOT Allowed- help in\u00a0ITR Selection\u00a0<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div class=\"___i31lg00 f10pi13n f14t3ns0 f1nbblvp fat0sn4 f1ov4xf1 fekwl8i f1lmfglv f1oz7aqm f1abmfm4 f1w619qj f16h0jq8\">\n<table class=\"___1hm93bs f14tj6oe f16pyhcb f16vktn6 f1794535 f1ddd56o f1el8yx3 f1enuhaj f1ev3kgc f1fu4s3n f1hmrcvb f1jq587y f1ofu761 f1pymoxg f1s2k7dp f1uinfot f1yenhzu f1yn6nvh f3l3pb3 f4zgifc f70r78m f7coize f8fmt76 f9yszdx fc43013 fc4t9fq fdclmfp fe6itr fgp09rh fibjyge fic4ptz fjnyn6r fjvbh62 fk1v6el fo436u6 ftgm304 fvueend fysh76l fzy4j18 cke_show_border\" style=\"height: 339px;\" width=\"793\">\n<tbody>\n<tr>\n<th><strong>DISQUALIFICATION<\/strong><\/th>\n<\/tr>\n<tr>\n<td>Director in a company<\/td>\n<\/tr>\n<tr>\n<td>Shareholder in unlisted company<\/td>\n<\/tr>\n<tr>\n<td>Foreign assets \/ foreign income<\/td>\n<\/tr>\n<tr>\n<td>ESOP deferred taxation cases<\/td>\n<\/tr>\n<tr>\n<td>Non-resident (NR) \/ NOR<\/td>\n<\/tr>\n<tr>\n<td>TDS under section 194N<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Other_Important_Forms-_in_ITR_Selection\"><\/span><span style=\"color: #000080;\"><strong>Other Important Forms- in\u00a0ITR Selection\u00a0<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div class=\"___i31lg00 f10pi13n f14t3ns0 f1nbblvp fat0sn4 f1ov4xf1 fekwl8i f1lmfglv f1oz7aqm f1abmfm4 f1w619qj f16h0jq8\">\n<table class=\"___1hm93bs f14tj6oe f16pyhcb f16vktn6 f1794535 f1ddd56o f1el8yx3 f1enuhaj f1ev3kgc f1fu4s3n f1hmrcvb f1jq587y f1ofu761 f1pymoxg f1s2k7dp f1uinfot f1yenhzu f1yn6nvh f3l3pb3 f4zgifc f70r78m f7coize f8fmt76 f9yszdx fc43013 fc4t9fq fdclmfp fe6itr fgp09rh fibjyge fic4ptz fjnyn6r fjvbh62 fk1v6el fo436u6 ftgm304 fvueend fysh76l fzy4j18 cke_show_border\" style=\"height: 174px;\" width=\"1039\">\n<tbody>\n<tr>\n<th><strong>FORM<\/strong><\/th>\n<th><strong>PURPOSE<\/strong><\/th>\n<th><strong>DUE DATE<\/strong><\/th>\n<\/tr>\n<tr>\n<td>Form 10-IEA<\/td>\n<td>Opt for old tax regime (from new regime)<\/td>\n<td>Along with return filing<\/td>\n<\/tr>\n<tr>\n<td>Form 3CA \/ 3CB \/ 3CD<\/td>\n<td>Tax audit report<\/td>\n<td>30 Sept<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Quick_Interpretation_in_ITR_Selection_Guide\"><\/span><span style=\"color: #000080;\"><strong>Quick Interpretation in ITR Selection Guide<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>ITR-1 vs ITR-2 \u2192 Depends on\u00a0<em>simplicity of income<\/em><\/li>\n<li>ITR-3 vs ITR-4 \u2192 Depends on\u00a0<em>presumptive vs regular books<\/em><\/li>\n<li>ITR-5 \/ 6 \/ 7 \u2192 Based on\u00a0<em>entity type<\/em><\/li>\n<li>The image correctly emphasizes income nature first, entity second<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>JioFinance Launches INR 24 ITR Filing Service Convenience with Caveats Reliance-owned Jio Financial Services has introduced a new, ultra-affordable Income Tax Return filing module on its JioFinance app, starting at just INR 24 for self-service filing.\u00a0 They made a platform that aims to make tax filing more accessible, especially for first-time filers, and offers two &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10255],"tags":[10258],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/29678"}],"collection":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/comments?post=29678"}],"version-history":[{"count":6,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/29678\/revisions"}],"predecessor-version":[{"id":32126,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/29678\/revisions\/32126"}],"wp:attachment":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/media?parent=29678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/categories?post=29678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/tags?post=29678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}