Income Tax Filing in Jharkhand
Filing income tax returns is a crucial responsibility for all eligible taxpayers in Jharkhand. With the advent of technology, e-filing has become the norm, offering convenience and efficiency. This guide will help you navigate the process of income-tax-filing in Jharkhand, ensuring compliance with the latest regulations and maximizing your tax benefits.
Who Needs to e-File an Income Tax Return (ITR) in Jharkhand?
Understanding who needs to file an income tax return is essential for compliance. In Jharkhand, the following individuals and entities are required to e-file:
- Salaried Individuals: Those with income from salary and other sources, exceeding the basic exemption limit.
- Self-Employed Professionals: Doctors, lawyers, consultants, and other professionals earning above the prescribed limit.
- Business Owners: SMEs, MSMEs, and startups with taxable income.
- Directors and LLP Partners: Individuals holding positions in companies and LLPs.
- Investors and Capital Gains Earners: Those earning from investments and capital gains.
- NRIs and RNORs: Non-resident Indians and residents not ordinarily resident with taxable income in India.
- Holders of Foreign Assets or Income: Individuals with foreign income or assets.
- High-Value Transaction Individuals: Those involved in significant financial transactions.
- Those Claiming Tax Refunds: Individuals eligible for tax refunds.
- Charitable and Religious Trusts: Organizations with specific income criteria.
Income Tax Slab Rates for FY 2024–25 (AY 2025–26)
Taxpayers in Jharkhand can choose between the old and new tax regimes, each with distinct slab rates:
Old Tax Regime Slab Rates:
- Below 60 years: Rs.2.5 lakh
- 60–80 years: Rs.3 lakh
- 80+ years: Rs.5 lakh
- Slabs: 5%, 20%, 30% as per ranges
New Tax Regime (2025):
- Up to Rs.4,00,000 – Nil
- Rs.4,00,001 to Rs.8,00,000 – 5%
- Rs.8,00,001 to Rs.12,00,000 – 10%
- Rs.12,00,001 to Rs.16,00,000 – 15%
- Rs.16,00,001 to Rs.20,00,000 – 20%
- Rs.20,00,001 to Rs.24,00,000 – 25%
- Above Rs.24,00,000 – 30%
Learn more about the differences between the old and new tax regimes.
Mandatory ITR Filing in Jharkhand
In Jharkhand, filing an ITR is mandatory for individuals and entities meeting specific criteria:
- Deposited Rs 1 crore or more in current bank accounts
- Deposited Rs 50 lakh or more in savings bank accounts
- Spent over Rs 2 lakh on foreign travel
- Incurred electricity expenses exceeding Rs 1 lakh during the financial year
- Had TDS or TCS exceeding Rs 25,000 (or Rs 50,000 for senior citizens)
- Businesses: Mandatory if your total sales, turnover, or gross receipts exceed Rs 60 lakh during the financial year
- Professionals: Mandatory if gross receipts exceed Rs 10 lakh during the financial year
Income Tax Return (ITR) Forms in Jharkhand
Taxpayers in Jharkhand must file one of the seven ITR forms based on their income source and status:
- ITR-1: Salaried individuals with income up to Rs.50 lakh
- ITR-2: Individuals and HUFs not having income from business or profession
- ITR-3: Individuals/HUFs with income from business/profession
- ITR-4: Presumptive income scheme for small businesses and professionals
- ITR-5: Firms, LLPs, AOPs, BOIs, etc.
- ITR-6: Companies other than those claiming exemption under section 11
- ITR-7: Trusts, political parties, institutions, etc., filing under specific sections (139(4A), 139(4B), etc.)
Explore detailed information on ITR forms for AY 2025-26.
Income-Tax-Filing Due Dates for FY 2024–25
Ensure timely filing by adhering to the due dates for income-tax-filing in Jharkhand:
- Individuals & Entities Not Liable for Tax Audit: Extended deadline - September 15, 2025 (originally July 31, 2025)
- Tax Audit Cases (excluding Transfer Pricing): October 31, 2025
- Transfer Pricing Cases: November 30, 2025
- Revised/Belated Returns: December 31, 2025
For more details, visit ITR filing due date.
Documents Required for Income-Tax-Filing in Jharkhand
Prepare the necessary documents for a smooth filing process:
- PAN (Permanent Account Number)
- Aadhaar (Linked to PAN)
- Bank Account Details
- Salary Slips
- Rent Receipts
- Form 16, Form 16A, Form 16B, Form 16C
- Form 26AS
- Interest Certificates (from banks/post offices)
- Home Loan Details
- Proof of Tax-Saving Instruments (LIC, Health Insurance, PPF, NSC, ELSS, etc.)
- Capital Gains Documents (stocks, property, etc.)
- Rental Income Proofs (lease agreements, rent receipts)
- Foreign Income Proofs
- Dividend Income Proofs
Refer to documents required for ITR filing for comprehensive information.
Income-Tax-Filing Procedure in Jharkhand: How to File ITR Online
Follow these steps to file your ITR online in Jharkhand:
- Go to the e-Filing Website
- Login: Enter your PAN (as username) and password
- Start Filing: Click on “e-File” and “File Income Tax Return”
- Select Year & Mode: Choose AY 2025–26 and "Online" filing
- Pick Taxpayer Type: Select "Individual", "HUF", etc.
- Choose Correct ITR Form: Based on your income type
- Mention Filing Reason: Regular, refund, or revised return
- Check Pre-filled Data: Verify and edit if needed
- Review & Submit: Double-check and submit your return
- Pay Tax (if needed): Use the portal’s payment option
- e-Verify ITR: Using Aadhaar OTP (sent to your mobile)
- Using EVC (via bank, Demat, or email/mobile) Or Send ITR-V by Post to CPC Bengaluru within 120 days
For more guidance, visit ITR-V Acknowledgement.
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- Up-to-date compliance with the latest tax regulations
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