Income Tax Breaking: ITR Forms 1 and 4 now enabled in Online mode
We have some good news for Income Tax Return (ITR) filers. ITR Forms 1 and 4 are now enabled to file through the online mode with prefilled data for the assessment year 2025-26 (financial year 2024-25) for taxpayers.
Income Tax Forms Available as of Now:
| ITR Form | Date of Notification | Offline | Online | |
| JSON Utility | Excel | |||
| 1 | 29.04.2025 | Common Offline Utility has not been released | Released on 29.05.2025 | Released on 04.06.2025 |
| 2 | 03.05.2025 | Not released | Not released | |
| 3 | 30.04.2025 | Not released | Not released | |
| 4 | 29.04.2025 | Released on 29.05.2025 | Released on 04.06.2025 | |
| 5 | 01.05.2025 | Not released | Not released | Not released |
| 6 | 06.05.2025 | Not released | Not released | Not released |
| 7 | 09.05.2025 | Not released | Not released | Not released |
Last week, ITR Filing Excel Utilities for ITR-1 and ITR-4 were enabled for the relevant year, and now online utilities have been enabled.
Who Can File ITR-1?
- Resident (Other than Non-Ordinary Resident)
- Total income up to Rs. 50 lakh
- Income from Salaries
- One house property
- Other sources Income (Interest etc.)
- Long-term capital gains under section 112A upto Rs. 1.25 lakh
- Agricultural income up to Rs. 5 thousand
Who cannot file ITR-1?
- Individual who is either Director in a company or has invested in unlisted equity shares
- In cases where TDS has been deducted u/s 194N
- If income-tax is deferred on ESOP
- Individual who has assets (including financial interest in any entity) located outside India
When the above conditions are fulfilled and person has income from business and profession which is computed under sections 44AD, 44ADA or 44AE, you can file ITR-4.
Persons means Individuals, HUFs and Firms (other than LLP).