For most individual taxpayers not requiring an audit, the due date to file the Income Tax Return for AY 2026-27 (FY 2025-26) is generally 31st July 2026. Filing after the due date may attract a late fee and interest.

It depends on your deductions. The new regime offers lower slab rates with minimal deductions, while the old regime benefits those claiming 80C, 80D, HRA and home-loan interest. Use our Old vs New regime calculator above to compare your tax under both for AY 2026-27.

Under the new regime for FY 2025-26, a Section 87A rebate makes tax effectively nil for resident individuals with taxable income up to ₹12,00,000. With the ₹75,000 standard deduction, salaried individuals can have gross income up to about ₹12.75 lakh with no tax.

Common documents include PAN card, Aadhaar card, Form 16 / salary slips, bank statements, interest certificates, investment proofs for deductions, and TDS certificates (Form 16A) or Form 26AS / AIS.

Yes. If the tax deducted (TDS) is more than your actual tax liability, you can claim a refund by filing your Income Tax Return. The refund is credited directly to your bank account after processing.

You can still file a belated return, usually up to 31st December of the assessment year, with a late fee under Section 234F and interest under Section 234A. Late filing may also delay your refund.

Salaried individuals with income from salary, one house property and other sources (total income up to ₹50 lakh) usually file ITR-1 (Sahaj). Those with capital gains or multiple properties file ITR-2.

ITR filing at Tax-Eazy starts from an affordable, all-inclusive professional fee that varies by the complexity of your return. Contact us on +91-6395863200 or WhatsApp for an exact quote.