The Income Tax Department has released ITR Forms 1 and 4 for AY 2025–26. The last date to file returns for FY 2024–25 is July 31, 2025. ITR-1 is for resident individuals with income up to ₹50 lakh from salary, one house property, and other sources. ITR-4 is for resident individuals, HUFs, and firms (non-LLPs) opting for presumptive taxation with income up to ₹50 lakh. Taxpayers are advised to file early for smooth processing and to avoid penalties.