Want to avoid penalties, make most of tax benefits? Here are precautions you should take while filing income-tax returns
New Delhi, May 25 -- Taxpayers can log into the official e-filing portal (https://www.incometax.gov.in/) to file income-tax returns for assessment year 2026-27 (AY27) or financial year 2025-26 (FY26). The I-T return (ITR) forms have been notified and Excel Utility for the ITR-1 (Sahaj) and ITR-4 (Sugam) forms online have also been enabled by the tax department.
Notably, all first-time taxpayers have to register using Aadhaar, PAN and other details, then use Excel utility to prepare your returns offline before digitally uploading the same.
The I-T department has issued clarifications for taxpayers. So, here are the precautions you should take while filing returns:
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