New Delhi, July 16 -- Income Tax: Only two months are remaining before the deadline to file income tax return (ITR) for FY 2024-25 expires on September 15, 2025.

Last week, the income tax department released excel utilities of ITR-2 and ITR-3 which means those taxpayers who have capital gain or crypto income can also begin to file their return for the financial year ending March 31, 2025. Salaried taxpayers should make note of the following points.

I.Form to choose: At the outset, taxpayers must choose the right income tax form.

ITR-1: This is meant for salaried taxpayers who have income up to Rs.50 lakh, income from house property, capital gain income up to Rs.1.25 lakh and interest income from fixed deposits (FDs) or dividend income....