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FY 2025-26 · AY 2026-27 · Zero tax up to ₹12L (Finance Act 2025) · Due: 31 Jul 2026

Income Tax Filing — Made Simple & Accurate

File your Income Tax Return for FY 2025-26 — do it yourself in minutes, or hand it to a qualified CA for complete peace of mind. Maximum deductions. Zero errors. On time, every time.
Self File ITR — FreeHire a CA — from ₹1,274

10,000+

Returns Filed

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Eligibility

Who Should File Income Tax Return?

Even if your employer deducts TDS, filing ITR for FY 2025-26 is mandatory in several cases — and always beneficial.

Mandatory Filing
  • New regime (default): income > ₹4L (Finance Act 2025)

  • Old regime: > ₹2.5L (below 60), > ₹3L (60–79), > ₹5L (80+)

  • Bank deposit > ₹1 crore or electricity bill > ₹1 lakh

  • Foreign travel expense > ₹2 lakh in the year

  • Signing authority in a foreign account

  • Carrying forward capital losses to next year

Strongly Recommended
  • Claim TDS refund even below exemption limit

  • Visa applications — most embassies need 3-yr ITR

  • Home or car loan application

  • Freelancers with TDS deducted by clients

  • Capital gains on MF, stocks, or property

  • Establishing proof of income (self-employed)

Consequences of Not Filing
  • ₹1,000–₹5,000 late fee under Section 234F

  • 1% per month interest on unpaid tax (234A)

  • Cannot carry forward capital losses

  • IT Department notice for high-value credits

  • Prosecution for wilful non-filing

  • Ineligible for certain tenders / contracts

Option 1

Self File ITR — Free

Our guided self-filing flow is built for salaried individuals, pensioners, and anyone with straightforward income. Auto-fill from Form 26AS and AIS, smart deduction prompts, and one-click e-verification — file in under 30 minutes.

  • Best for ITR-1 and ITR-2 (simple cases)

  • Pre-fills salary, TDS, and interest from 26AS/AIS

  • Smart deduction assistant — 80C, 80D, HRA, NPS

  • Instant tax computation — old vs new regime

  • Direct e-verification via Aadhaar OTP

  • Completely free — no hidden charges

Start Self Filing — Free
How It Works

01

Create / Login

Sign in at reducetax.in. First-time users complete a quick profile with PAN and basic income details.

02

Choose ITR Form

Our smart wizard auto-suggests the right form — ITR-1 for salaried, ITR-2 for capital gains, ITR-3 for business income.

03

Pre-fill & Review

We pull your Form 26AS, AIS, and TIS data automatically. Review pre-filled salary, TDS, and interest income.

04

Add Deductions

Enter 80C investments (ELSS, PPF, LIC), 80D premiums, HRA, home loan interest, and NPS contributions.

05

Compute & File

See your tax liability or refund instantly. Submit directly to the Income Tax Department portal in one click.

06

e-Verify

Verify via Aadhaar OTP, net banking, or DSC. ITR-V confirmation arrives in your registered email within minutes.

How It Works

01

Book & Upload

Select your plan and upload documents — Form 16, bank statements, capital gain statements, rent receipts — via our secure portal.

02

CA Assigned

A qualified Chartered Accountant is assigned within 2 hours. You can chat directly with your CA for any clarifications.

03

Review & Optimise

Your CA reviews all income sources, identifies every eligible deduction, and prepares the computation sheet for your approval.

04

Your Approval

We share the tax computation and filing summary. You approve — or request changes — before anything is submitted.

05

Filed & e-Verified

Your CA files the return and completes e-verification on your behalf. Acknowledgement (ITR-V) shared immediately.

06

Post-filing Support

We assist with any Income Tax Department notices, intimations under Section 143(1), or refund follow-ups — free of charge.

Option 2

CA-Assisted ITR Filing

Hand your documents to a qualified CA and relax. Ideal for capital gains, business income, NRI taxation, multiple employers, or any situation where one error can cost you thousands.

  • Dedicated CA handles everything end-to-end

  • Covers all ITR forms — ITR-1, 2, 3, 4

  • Capital gains optimisation — loss set-off & carry-forward

  • Regime selection — CA picks whichever saves more tax

  • Full AIS / 26AS reconciliation before filing

  • Post-filing notice support included

Hire a CA — from ₹1,274

Pricing

CA-Assisted ITR Filing Plans

All-inclusive — CA fees, filing charges, and post-filing notice support included. Prices exclusive of 18% GST. Discounts applied automatically if active offers are available.

Standard

Best for salaried individuals with a single employer and straightforward finances.

₹1,274

+ GST
Turnaround: 24–48 hrs
  • ITR-1 / ITR-2 filing

  • Form 16 & 26AS review

  • 80C, 80D, HRA deductions

  • Standard deduction claim

  • e-Verification & ITR-V

  • Notice support included

Get Started
Most Popular
Capital Gain

Perfect for investors with stocks, mutual funds, property, or crypto gains.

₹4,159

+ GST
Turnaround: 24–48 hrs
  • ITR-2 filing

  • STCG & LTCG computation

  • Equity / MF / Property / crypto gains

  • Set-off & carry-forward of losses

  • Digital virtual assets declaration

  • All Chapter VI-A deductions

Get Started
Business Income

For entrepreneurs, freelancers, consultants, and self-employed professionals.

₹2,599

+ GST
Turnaround: 48–72 hrs
  • ITR-3 / ITR-4 filing

  • Business income computation

  • Presumptive taxation (44AD/44ADA)

  • Expense deductions & depreciation

  • GST reconciliation check

  • Previous year ITR examination

Get Started
NRI

Tailored for NRIs with Indian income — rent, interest, dividends, or capital gains.

₹7,799

+ GST
Turnaround: 48–72 hrs
  • NRI-specific ITR-2 filing

  • DTAA benefit application

  • Foreign income declaration

  • TRC & Form 15CA/15CB support

  • Digital virtual assets reporting

  • Repatriation guidance

Get Started
Foreign

Comprehensive plan for foreign income, foreign assets schedule, Form 67, and foreign tax credit.

₹10,399

+ GST
Turnaround: 72–96 hrs
  • ITR-2 / ITR-3 with Schedule FA

  • Foreign income & asset declaration

  • Foreign tax credit (Form 67)

  • DTAA benefit application

  • Tax Deduction Maximisation

  • Previous year ITR examination

Get Started

Not sure which plan fits? 

Which is right for you?

Self Filing vs CA-Assisted

Pick the option that matches your income complexity and comfort level.

FactorSelf Filing — FreeCA-Assisted — ₹1,274+
Best forSalaried (single employer), pensioners, simple casesCapital gains, business income, NRI, foreign income, multiple Form 16s
ITR FormsITR-1 and ITR-4All forms — ITR-1, 2, 3, 4
Starting priceFree₹1,274 (+ GST)
Time required20–45 minutes of your timeZero effort — just upload docs
Deduction optimisationYou enter what you knowCA finds every eligible deduction proactively
Regime selectionYou decideCA computes both and picks the better one
Error riskPossible with complex incomeMinimal — CA reviews before filing
Notice supportSelf-manageIncluded in all plans
Capital gainsBasic manual entryFull set-off, carry-forward, DTAA

ITR Forms

Which ITR Form Do You Need?

Selecting the wrong form is one of the most common filing errors. Use this guide for AY 2026-27.

ITR-1 (Sahaj)
Who can use it

Salaried individuals, one house property, interest income, agricultural income ≤ ₹5,000

Income limit

Total income ≤ ₹50 lakh

Cannot be used for

Capital gains, business income, foreign income

ITR-2
Who can use it

Capital gains from stocks/property/MF, multiple house properties, directorship, foreign income

Income limit

No income limit

Cannot be used for

Business/professional income (use ITR-3)

ITR-3
Who can use it

Business income, professional income, partnership firms, intraday trading

Income limit

No income limit

Cannot be used for

Presumptive tax filers (use ITR-4)

ITR-4 (Sugam)
Who can use it

Presumptive income under Sections 44AD, 44ADA, or 44AE — small business & professionals

Income limit

Turnover ≤ ₹3 crore (business, 44AD) / ₹75 lakh (professionals, 44ADA) — if ≥ 95% receipts are digital; otherwise ₹2 crore / ₹75 lakh

Cannot be used for

Capital gains, directorship, foreign assets

Tax Deductions

Maximise Your Tax Savings

Key deductions available for FY 2025-26. Our CAs ensure every eligible deduction is claimed before filing.

Sec 80C
Old Regime Only
Max Deduction
₹1,50,000
Eligible Instruments

PPF, ELSS, LIC, EPF, NSC, home loan principal, 5-yr FD, Sukanya Samriddhi

Pro Tip

Combine ELSS (market-linked) + PPF (risk-free) to max ₹1.5L easily.

Sec 80CCD(1B)
Old Regime Only
Max Deduction
₹50,000
Eligible Instruments

NPS (National Pension System) personal contribution — over and above 80C limit

Pro Tip

Old regime only. Under new regime, only employer NPS contribution under Sec 80CCD(2) is deductible — not personal contributions.

Sec 80D
Old Regime Only
Max Deduction
₹25,000 (self/family) + ₹25,000 (parents) — ₹50,000 if parents are senior citizens
Eligible Instruments

Health insurance premium, preventive health check-up (₹5,000 sub-limit)

Pro Tip

Pay premium for parents separately to claim the extra ₹25K — ₹75K total if both you and senior parents are covered.

Sec 24(b)
Old Regime Only
Max Deduction
₹2,00,000 for self-occupied; unlimited for let-out property
Eligible Instruments

Home loan interest for self-occupied or let-out property

Pro Tip

Let-out property has no interest cap — full interest is deductible against rental income after standard 30% deduction.

Sec HRA
Old Regime Only
Max Deduction
Least of: actual HRA received / rent paid minus 10% of basic / 50% of basic (metro) or 40% (non-metro)
Eligible Instruments

Rent paid for rented accommodation — not applicable if you own and live in the same property

Pro Tip

Collect rent receipts every month; obtain landlord PAN if annual rent exceeds ₹1 lakh.

Sec 80E
Old Regime Only
Max Deduction
Full interest — no upper cap, available for up to 8 years from repayment start
Eligible Instruments

Education loan interest for higher education of self, spouse, children, or ward

Pro Tip

Claim from the year repayment begins — available for 8 consecutive assessment years from year 1 of repayment.

Sec 80G
Old Regime Only
Max Deduction
50% or 100% of donation (depending on institution); cash donations above ₹2,000 disallowed
Eligible Instruments

Donations to approved charities, PM Relief Fund, PMNRF, etc.

Pro Tip

Verify the donee's 80G approval on the IT e-filing portal before donating — approvals have expiry dates.

Sec Standard Deduction
Both Regimes
Max Deduction
₹75,000 (new regime) / ₹50,000 (old regime) — Finance Act 2024, continues in AY 2026-27
Eligible Instruments

Auto-applied for all salaried employees and pensioners — no proof or claim required

Pro Tip

New regime: effectively zero tax up to ₹12.75L for salaried (₹12L rebate + ₹75K deduction) under Finance Act 2025.

Sec 80CCD(2)
Both Regimes
Max Deduction
Up to 14% of basic salary (govt employees) / 10% of basic salary (others) — no monetary cap
Eligible Instruments

Employer's NPS contribution to employee's Tier-I NPS account (Section 80CCD(2))

Pro Tip

Available under BOTH regimes — negotiate a higher employer NPS contribution to reduce taxable salary legally.

Calculate Your Tax Liability →

Document Checklist

Documents Required for ITR Filing

Keep these ready before you start — it takes just a few minutes to gather once organised.

Salaried Employee
  • Form 16 (Part A + B) from employer

  • Form 26AS / AIS from IT portal

  • Salary slips (if Form 16 not available)

  • Rent receipts & landlord PAN (for HRA)

  • Investment proofs — 80C, 80D, NPS

  • Home loan interest certificate (Section 24)

  • Bank account statements (savings interest)

Business / Freelancer
  • PAN & Aadhaar

  • Form 26AS (TDS on professional fees)

  • Profit & Loss account

  • Balance sheet (if applicable)

  • GST returns (GSTR-1, GSTR-3B)

  • Business expense invoices

  • Bank statements (all accounts)

Capital Gains
  • Equity broker capital gain statement

  • Mutual fund capital gain statement (CAMS/KFintech)

  • Property sale deed & purchase cost proof

  • Stamp duty & registration charges receipt

  • Cost of improvement receipts (for property)

  • Form 26AS (TDS on property sale ≥ ₹50L)

NRI
  • Passport & visa / residential status certificate

  • Indian income sources (rent, interest, dividends)

  • Capital gain statements for Indian investments

  • DTAA details from country of residence

  • TRC (Tax Residency Certificate)

  • Form 15CA/15CB (for fund repatriation)

Foreign Income / Assets
  • Schedule FA — details of all foreign assets held

  • Foreign bank account statements

  • Foreign salary or business income documents

  • Form 67 — foreign tax credit claim

  • TRC from foreign country (for DTAA claim)

  • Form 15CB from CA (for remittances abroad)

Due Dates & Penalties

ITR Filing Deadlines — AY 2026-27

Miss the due date and you pay — in fees, interest, and lost carry-forward benefits.

31 July 2026

Individuals & HUFs (no audit required)

31 Oct 2026

Businesses requiring audit under IT Act

30 Nov 2026

Transfer pricing cases

31 Dec 2026

Last date — belated or revised returns

If you miss filingConsequenceAvoid by
Income above ₹5 lakh — late filing₹5,000 fee (Section 234F)File by 31 July 2026
Income up to ₹5 lakh — late filing₹1,000 fee (Section 234F)File by 31 July 2026
Unpaid tax after due date1% per month interest (234A)Pay advance tax on time
Wilful non-filing with taxable incomeProsecution — 3–7 yearsAlways file if income is taxable
Under-reporting income50–200% penalty on evaded taxDeclare all — IT Dept has AIS data

FAQ

Frequently Asked Questions

Everything you need to know about income tax filing in India.

For individuals and HUFs not requiring audit, the due date is 31 July 2026. For businesses requiring audit, it is 31 October 2026. A belated return can be filed up to 31 December 2026 with a late fee.

If your total income exceeds ₹5 lakh, the late filing fee is ₹5,000. If your income is below ₹5 lakh, the fee is limited to ₹1,000. Additionally, interest under Section 234A @ 1% per month applies on unpaid tax.

You need ITR-2. ITR-1 is not applicable if you have capital gains income. Our CA-assisted service automatically selects the correct form based on your income profile.

Finance Act 2025 revised the new regime slabs: 0–₹4L (Nil), ₹4–8L (5%), ₹8–12L (10%), ₹12–16L (15%), ₹16–20L (20%), ₹20–24L (25%), above ₹24L (30%). Crucially, Section 87A rebate of ₹60,000 means zero tax for income up to ₹12L — and up to ₹12.75L for salaried individuals after the ₹75,000 standard deduction. The new regime is the default for AY 2026-27.

Yes. Salaried individuals can switch every year at the time of filing. Business and professional taxpayers can switch out of the old regime only once in a lifetime. For AY 2026-27, the new regime is the default — you must submit Form 10-IEA to opt for the old regime if it saves you more tax.

Under the new regime (default for AY 2026-27), filing is mandatory if your income exceeds ₹4 lakh (the new basic exemption limit under Finance Act 2025). Under the old regime, the limit is ₹2.5 lakh (below 60 years), ₹3 lakh (senior citizens 60–79), or ₹5 lakh (super seniors 80+). Even below these limits, filing is strongly recommended to claim TDS refunds, apply for loans, or meet visa requirements.

Key documents include: PAN card, Aadhaar, Form 16 (from employer), Form 26AS / AIS from the IT portal, bank account statements, investment proofs (80C, 80D), home loan interest certificate, and capital gain statements from brokers.

Our CA-assisted service takes 24–48 hours for salaried returns and 48–72 hours for business or capital gains returns, from the time you upload all required documents.

After filing, you must e-verify the return within 30 days (via Aadhaar OTP, net banking, or DSC). The IT Department then processes the return and sends an intimation under Section 143(1) — usually within 30–45 days. Refunds are credited within 7–20 days of processing.

Yes, a revised return can be filed under Section 139(5) at any time before 31 December of the assessment year. You can revise as many times as needed within that window.

Form 26AS is your tax passbook — it shows all TDS deducted by employers/banks, advance tax paid, and refunds received. You must reconcile your income with Form 26AS before filing to avoid discrepancy notices from the IT Department.

Ready to File Your AY 2026-27 Return?

Don't wait for notices. File now, claim every rupee you're owed, and stay fully compliant.

Self File — FreeHire a CA — ₹1,274+

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