Income Tax Return- The Income Tax Department has extended the date of ITR filing to 15 September 2025. Usually the last date for filing ITR is 31 July 2025. The reason for the extension of the ITR filing date by the Income Tax Department may also be the non-issuance of ITR Form 2 and 3 till now.
Actually, ITR 2 and ITR 3 forms have not been issued by the Income Tax Department yet. However, ITR 1 and ITR 4 forms are available for filing. Taxpayers are eagerly waiting for ITR 2 and ITR 3 forms.
For those taxpayers who invest in the stock market or mutual funds, ITR 2 and 3 become important.
Why is there a delay?
If media reports are to be believed, the reason for the delay in the ITR form by the Income Tax Department is being attributed to the changes in the Capital Gain Tax Regime. The Capital Gain Tax Regime was revamped in the financial year 2024-25. For this reason, necessary changes are being made in ITR 2 and ITR 3 only. This is the reason why there is a delay in ITR 2 and ITR 3 from the Income Tax side. For this reason, the date of ITR filing has been extended by the Income Tax Department.
When will ITR-2 and ITR-3 be released?
Jitendra Verma told Jagran that ITR 2 and ITR 3 can be released by next week. However, no official statement has been issued by the Income Tax Department regarding this yet.
ITR 1- Salary
ITR 2- Salary + Capital Gain
ITR 3- Business + Capital Gain
ITR 4- Income from business
From the information given above, we can understand that ITR 1 is the easiest, it is filled by those people whose income is only from salary. Apart from this, such people who invest in the stock market or elsewhere or have other sources of income, it is included in ITR 2. Similarly, those who earn only from business fill ITR-4 and those who earn from sources other than business fill ITR 4.