ITR 2025: 6 Checks Before You Hit Submit

Filing your ITR for FY2024-25 is not just about entering income numbers. New disclosure rules, updated forms, and easy-to-miss fields can trigger a tax notice if you rush through submission without verifying the right things first.

Here's what happened: Income Tax Department has updated ITR forms for AY2025-26 with new disclosure fields including foreign assets, higher-value transactions, and revised deduction schedules.. The tax department's AIS (Annual Information Statement) now captures more data points — from mutual fund redemptions to savings account interest — that must match your ITR exactly.. Mismatches between Form 26AS, AIS, and your ITR filing can auto-trigger a scrutiny notice under Section 143(1), even if your tax calculation is correct..

What you should do: Download your AIS and Form 26AS from the income tax portal and cross-check every entry against your salary slips, bank statements, and investment records before filing.. Verify pre-filled data carefully — do not blindly accept auto-populated figures for TDS, interest income, or capital gains, as errors from deductors can show up there.. Choose the correct ITR form for your income type: ITR-1 is only for salary + one house property + interest income below ₹50 lakh; if you have capital gains or two properties, use ITR-2..

If your employer has filed a revised TDS return after May, your Form 26AS may update even after July 31 — always recheck 48 hours before submitting to avoid a mismatch notice.

For readers weighing their credit and loan options, our personal loan guide and CIBIL score resources put this update in context.