With the Income Tax Return (ITR) due date of September 15, 2025, a couple of days from now, the Income Tax (I-T) Department has actually offered Excel Utilities for submitting upgraded returns in ITR-5, ITR-6 and ITR-7 kinds for the AYs 2021-22 and 2022-23.
According to the Income Tax Department site, “Excel Utilities for submitting upgraded returns in ITR-5, 6 and ITR-7 for the AYs 2021-22 and 2022-23 according to Finance Act, 2025 are readily available now for filing.”
These kinds are offered on the Income Tax Department’s site from September 6, 2025. ITR Form 5 is utilized by companies, LLPs, Association of Persons, company trusts and mutual fund. ITR Form 6 is utilized by business, while ITR Form 7 is utilized by defined business.
Check out: GST 2.0: CBIC clarifies social media declares about shift advantages under modified GST guidelines are incorrect
Who can submit the tax return utilizing the ITR-5 type?
The ITR-5 kind is not for people and HUF taxpayers.
Eligibility to submit ITR-5 type
Any taxpayer not being a private, HUF or business can submit their ITR utilizing the ITR-5 type. This tax return is utilized by companies, LLPs, Association of Persons, service trusts and mutual fund.
ITR Filing Deadline Extension: Now Karnataka commerce body, Surat CA system look for ITR due date extension
Who can submit the tax return utilizing the ITR-6 type?
The ITR-6 kind applies for business.
Eligibility to submit ITR-6 kind
ITR-6 is for tax return filing by business who can not submit their income tax return utilizing the ITR-7 kind.
Who can submit the tax return utilizing the ITR-7 kind?
The ITR-7 kind is implied to be utilized mainly by defined business.
Taxpayers, consisting of business which are charitable or spiritual trusts, political celebrations, research study organisations, news firms, or those defined in the Income Tax Act are needed to provide tax return utilizing the ITR-7 kind.
What is an upgraded return?
An upgraded return is a kind of income tax return that enables taxpayers to submit their returns with more time. It is planned to motivate voluntary tax compliance. An upgraded return can be submitted by anyone, other than in specific situations, despite whether they have actually formerly submitted an initial, belated, or modified return for the appropriate evaluation year. The filing of an upgraded return is optional for the taxpayer.
What is the time limitation for submitting an upgraded ITR?
The time limitation offered submitting an upgraded return is 48 months from completion of the pertinent
evaluation year.
In the fiscal year 2025-26, an individual can submit an upgraded return for AY 2024-25, 2023-24,
2022-23, 2021-22.
When can an upgraded return be submitted?
An upgraded return might be submitted by anyone in any case, other than under particular situations. An individual might submit an upgraded return of his earnings or the earnings of any other individual in regard of which he is assessable under the Income Tax Act, such as in a representative capability or in case of clubbing of earnings. An individual can submit an upgraded return even if he has actually provided a return of loss under Section 139( 3) previously for the appropriate evaluation year, however the upgraded return must not be a return of loss.
ITR filing due date extension
The Income Tax Department had, previously, extended the last date to submit tax return (ITR) for specific taxpayers from July 31, 2025, to September 15, 2025. This due date extension uses to employed private taxpayers, HUFs, and taxpayers whose accounts are not needed to be examined.
