Income Tax, April 30 -- Central Board of Direct Taxes (CBDT) has finally notified income tax return filing forms (ITR-1 and ITR-4) via notification dated April 29, 2025.

Taxpayers were eagering waiting for the tax forms to be released for FY 2024-25. The last date to file income tax return (ITR) for individual taxpayers is July 31, 2025 for FY 2024-25. This means taxpayers still have three months to file their tax returns before the deadline.

ITR-1: This tax form is meant for individuals who are residents (other than not ordinarily resident) earning an income upto Rs.50 lakh and having Income from Salaries, one house property, other sources, long-term capital gains under section 112A up to Rs. 1.25 lakh, and agricultural income up to Rs...