1. ITR‑2 & ITR‑3 Utilities Still Pending
As of June 2025, the Income Tax Department has only released ITR‑1 and ITR‑4 Excel/online filing utilities.
ITR‑2 and ITR‑3—used by:
Salaried individuals with capital gains
Individuals with multiple properties or foreign assets (ITR‑2)
Professionals and business owners (ITR‑3)
These forms are still unavailable, causing delays for taxpayers who need them.
Taxpayers in these categories must wait for the official release of the utilities to proceed with their filings.
2. Deadline Extended to September 15, 2025
The due date for filing returns (for all ITR forms) has been extended from July 31 to September 15, 2025.
This extension gives taxpayers more time to file accurately once ITR‑2 and ITR‑3 become available.
3. Why Early Filing Isn’t Ideal
Experts advise not to file before mid-June because:
Important documents like Form 16/16A and SFT (Statement of Financial Transactions) usually get updated after mid-June.
Filing too early may lead to mismatches, errors, or re-filing issues.
ITR‑1 and ITR‑4 forms have been recently updated with new validation rules—early filers may miss these latest corrections.
✅ What Should You Do Now?
| Situation | Recommended Action |
|---|---|
| Salaried without capital gains or professional/business income (eligible for ITR‑1/4) | You can file now, but it’s better to wait a few weeks to ensure all TDS, SFT, and other data are fully updated. |
| Have capital gains, multiple properties, foreign assets, or professional/business income | Wait for ITR‑2 or ITR‑3 utilities. Monitor the official Income Tax portal regularly. |
| Worried about the deadline | Don’t worry. The deadline is now September 15, 2025. Use this time wisely to prepare accurate documents. |