Summary
The Income Tax Department has released the Excel-based utilities and schema for ITR-1 and ITR-4 for AY 2025–26. Prefilled data download is enabled. The return filing deadline is extended to 15 September 2025. Start early and avoid last-minute glitches.
Excel Utility for ITR-1 and ITR-4 Released What You Need to Know
The Excel utility for ITR-1 and ITR-4 for AY 2025-26 is now officially available. As per CBDT Notification No. 40/2025 dated 29th April 2025, the schema and utilities are enabled for early filing. Prefilled data from AIS and Form 26AS is also available for download on the Income Tax portal.
This move allows salaried individuals, pensioners, and small business owners to file their Income Tax Return (ITR) in advance — well before the deadline.
Who Can Use ITR-1 and ITR-4?
ITR-1 (Sahaj) – For individuals who:
- Have income from salary, pension, or one house property
- Have income from other sources (excluding lottery, racehorse winnings)
- Have total income up to ₹50 lakh
- Are ordinarily resident (not for NRIs)
ITR-4 (Sugam) – For individuals, HUFs, and firms (other than LLPs) who:
- Opt for presumptive income under Sections 44ADA, 44AD, or 44AE
- Have total income up to ₹50 lakh
- Do not have foreign income or assets
Key Updates for AY 2025–26
| Feature | ITR-1 & ITR-4 Update |
|---|---|
| Excel Utility Release Date | Available now |
| Schema & Validation Rules | Updated for AY 25–26 |
| Prefilled Data Option | Enabled |
| Last Date to File | 15th Sept 2025* |
| E-Verification Window | 30 days from filing |
| Changes in Reporting | Adjusted per Budget 2024 |
| Forms Notified via | CBDT Notification 40–42/2025 |
| Online Mode (JSON Utility) | Coming soon |
*As per CBDT Circular No. 06/2025 dated 27.05.2025
How to Download Excel Utility
Step-by-step:
- Visit www.incometax.gov.in
- Go to → Downloads > ITR Forms > AY 2025-26
- Select ITR-1 or ITR-4 Excel utility
- Open the file → Enable Macros
- Start filling your details based on Form 16 / books
✅ Expert Tip: Before starting, download your Form 26AS, AIS & TIS. This avoids mismatch issues and reduces errors.
Legal Basis and Notifications
- Notification No. 40/2025 – Released updated Rule 12 for ITR filing
- CBDT Circular No. 06/2025 – Extended due date from 31 July to 15 September 2025
- Income-tax Rules, 1962 – Basis for utility design and schema
- Section 139(1) – Mandates due date for return filing
These updates ensure early compliance and reduce portal traffic closer to the deadline.
Why Early Filing Helps
- Avoids last-minute rush
- Better refund tracking
- Reduces interest under Sections 234A/234F
- Easier corrections if mistakes occur
Frequently Asked Questions (FAQs)
Q1. Is offline filing using Excel utility mandatory?
No. You can also file online once JSON utilities are released.
Q2. Can I use ITR-4 if I have capital gains?
No. Capital gains require you to file ITR-2 or ITR-3.
Q3. What is the e-verification deadline?
Within 30 days of uploading your return, via Aadhaar OTP or net banking.
Q4. Is the due date of 15th September final?
As of now, yes. Always check for updates from CBDT.
Final Thoughts
The Excel utility for ITR-1 and ITR-4 for AY 2025-26 simplifies early filing for millions of Indian taxpayers. With prefilled data and schema ready, it’s smart to act now rather than wait for deadlines.