Who Should File ITR? 2025 Rules, Guidelines For Beginners

Filing an Income Tax Return(ITR) is one of the extremely vital steps for the planning of finances, apart from being a legal requirement. And the 2025 assessment year has begun, confusing some first-time taxpayers as to whether or not they should file an ITR. This is a simple guide for the beginners explaining who has to file an ITR according to the latest rules and why it is needed.

Who Should File ITR in 2025?

According to the guidelines of the Income Tax Department, filing of ITR is required if:

Annual income exceeds Rs. 2.5 lakh (for Individuals below the age of 60 years), Rs. 3 lakh (for Senior citizens from 60-80 years), and Rs. 5 lakh (for Super senior citizens above 80 years).

Electricity payments for one financial year exceeding Rs. 1 lakh.

Cash in multiple Current Bank Accounts exceeds Rs 1 crore.

Possess Foreign Assets, foreign bank accounts or earning outside India.

In case refund claim is made due to excess TDS (Tax Deductor At Source).

In case of loans, visas, or any monetary approval where proof of ITR is required.

Income-tax returns filing benefits

It has many advantages even below the threshold. This can serve as proof of income, help in taking loans, and make applying for visas easier. It increases trustworthiness towards finances in case of freelancers and self-employed people.

Some Important Things for Notices

Know your form- Generally, employees will need ITR-1 and self-employed professionals will need ITR-3 or ITR-4.

Prepare Documents-A PAN, Aadhaar Card, Form 16, Bank Statements, and proofs of investments, among others.

File it within schedule: Due date for assessment year 2025-26 is usually July 31 unless extended.

Click on numerous available platforms to get guided in e-filing.

ALSO READ: How to File Income Tax Return Online: Guide for Beginners in 2025

If ITR sounds scary to you, relax; for those pointers should make it clear to you now. Whether for compliance, appeal for refund or just building financial credibility, timely filing of ITR is always the smartest move.”