ITR Filling 2025: Many taxpayers who need to report capital gains, foreign income, or business/professional income have been frustrated by the absence of ITR‑2 and ITR‑3 forms on the official e‑filing portal. Here’s a deep dive into why these essential forms are delayed, what the Income Tax Department has said, and how you can prepare in the meantime.
1. ITR Filling 2025-What’s the Current Status?
As of early July 2025, the Income Tax Department has enabled only ITR‑1 (Sahaj) and ITR‑4 (Sugam) for online filing both online and via Excel utilities. However, those with:
- Capital gains (stocks, property, crypto)
- Foreign income/assets
- Business or professional income
-must use ITR‑2 or ITR‑3, and these forms are still not live on the portal.
2. Why the Delay?
Complex structural changes in ITR‑2 and ITR‑3 are the key reasons:
- The new budget and Finance Act 2024 introduced major updates:
- Separate reporting of capital gains pre‑ and post‑July 23, 2024
- Clearer breakdown of deductions, TDS section codes, asset and liability disclosures (above ₹1 crore)
- ITR‑2/3 are used by taxpayers with multiple income types from multiple properties, foreign assets, crypto, and more. Form complexity causes delays in coding and portal integration.
- Tax professionals and CA forums flagged that ITR‑2/3 utilities are still under internal testing and quality checks by developers (e.g., Infosys)
3. Deadline Has Been Extended but Only Temporarily
Acknowledging the delays, the CBDT extended the ITR filling 2025 deadline for non‑audit taxpayers to 15 September 2025. This gives additional time for form rollout but self-assessment tax must still be paid by July 31, or late fee applies.
4. What You Can Do Now
a. Prepare Your Documents
Organize the paperwork needed for ITR‑2 or ITR‑3, such as:
- Form 16/16A (salary/TDS)
- Capital gains statements & crypto trade records
- Foreign income, assets, property income
- Business/professional income details
- Asset-liability schedules
b. Monitor Download Section
Watch the e‑filing portal’s Downloads → ITR section. The Excel utilities for ITR‑2/3 were made available on July 11, 2025
c. Opt for Offline Filing
Use the Excel utility:
- Download and fill in the XLS.
- Generate XML/JSON.
- Upload it once the portal allows.
For now, online (web-based) filing is not yet possible.
d. Use Third-Party Platforms
Platforms like ClearTax or Efiletax often enable ITR‑2/3 support as soon as utilities go live. They also send notifications when rollout happens.
5. Why This Delay Matters
- Missing the 15 September deadline may lead to penalties, including Late Filing Fee under Section 234F and interest under Section 234A.
- Filing the correct ITR form is crucial to avoid defects or notices from the department.
6. What Happens Next
- Excel utilities for ITR‑2 and ITR‑3 are live from 11 July 2025.
- Online utilities (web‑form) are expected soon; keep checking e‑filing site or CA updates.
- Prepare your return offline now to file immediately when allowed.
Final Takeaway
Yes it’s frustrating to wait, but the delay is driven by major form revisions especially new capital gain reporting, crypto disclosures, and asset tracking. You’re not alone: forums like r/IndiaTax echo taxpayer frustration, advising patience until forms go live. Meanwhile:
- Get your documents ready
- Download the Excel utilities and begin filling
- Use the extended deadline wisely
- Prepare to file early when allowed to avoid last-minute panic
Also read l New IRCTC Rules for Tatkal Booking from 1 July 2025: Aadhaar Mandatory & OTP Rules Explained
Also read l Nvidia Market Cap Surpasses $4 Trillion: World’s First Company to Hit Historic AI Milestone
Also read l Unleashed: OPPO Reno 14 Series India Launch With Stunning AI Cameras & 1.5K OLED Display!