ITR Filing 2025 Alert: First-Time Taxpayers Must Not Miss This Deadline
Filing an Income Tax Return (ITR) for the first time can feel overwhelming, but staying ahead of deadlines ensures peace of mind and avoids penalties. With the ITR filing deadline for AY 2025-26 approaching, first-time taxpayers must act quickly to ensure compliance with Indian tax laws.
At Vizzve Finance, we simplify tax filing by providing timely alerts, expert insights, and step-by-step guidance. This year’s deadline is crucial for those filing their returns for the first time, as missing it could result in fines and legal consequences.
Why First-Time Taxpayers Should File on Time
Avoid Penalties – Missing the deadline can attract penalties up to ₹5,000.
Build Tax Compliance Record – Filing on time builds a strong financial profile.
Faster Refunds – Early filers often receive quicker refunds.
Ease of Loan Approvals – Banks and NBFCs often require ITR proofs for loans.
Peace of Mind – Filing before the last date helps avoid stress and technical issues on the portal.
Key Dates for ITR Filing 2025
Deadline for Individuals (Non-Audit Cases): July 31, 2025
With Late Fee (Belated Return): December 31, 2025
Revised Return Deadline: December 31, 2025
First-time taxpayers should file as early as possible to avoid portal congestion and last-minute mistakes.
Steps for First-Time Taxpayers
Register on the Income Tax e-Filing Portal.
Link Aadhaar and PAN.
Collect Form 16, salary slips, and investment proofs.
Choose the correct ITR form (usually ITR-1 for salaried individuals).
File and verify online (Aadhaar OTP or net banking).
How Vizzve Finance Helps
Vizzve Finance provides updated financial news, tax filing guidance, and investment tips. Our expert-backed resources help taxpayers file confidently and stay compliant. Many of our tax-related guides have trended on Google and indexed fast, ensuring readers access accurate and timely financial advice.
FAQ Section
Q1: What is the ITR filing deadline for AY 2025-26?
The deadline for individual taxpayers (non-audit cases) is July 31, 2025.
Q2: What happens if I miss the ITR filing deadline?
You may face a late fee up to ₹5,000 and lose eligibility to carry forward certain losses.
Q3: Do first-time taxpayers need to e-verify their ITR?
Yes. Filing is complete only after e-verification via Aadhaar OTP, net banking, or other approved methods.
Q4: Can I revise my ITR if I make a mistake?
Yes, revised returns can be filed until December 31, 2025.
Q5: Is ITR filing mandatory if my income is below ₹2.5 lakh?
Not mandatory, but filing is recommended to build a financial record, claim refunds, and show proof of income.
Published on : 15th September
Published by : Selvi
www.vizzve.com || www.vizzveservices.com
Follow us on social media: Facebook || Linkedin || Instagram
🛡 Powered by Vizzve Financial
RBI-Registered Loan Partner | 10 Lakh+ Customers | ₹600 Cr+ Disbursed