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Money word, in simple language

ITR

Also called Income tax return

Income tax return: the yearly form where you report your income and work out your tax.

Tax Figures verified 2026-10-31

Example. A salaried person files an ITR each year to report salary and interest, claim deductions and get any refund.

ITR stands for income tax return. It’s your yearly report of income and tax, and the only way to claim a refund. Read more in how to file your income tax return.

Questions people ask

What is the full form of ITR?

ITR stands for income tax return. It's the form you file each year to report your income, claim deductions, and either pay any tax still due or claim a refund.

What is the last date to file ITR?

For most individuals, including the salaried, it's 31 July after the end of the tax year. People with business or professional income that needs no audit get until 31 August, and audit cases until 31 October. Check the current dates, as they can be extended.

Do I need to file ITR if my tax was already cut?

Often yes. Filing is how you claim a refund of extra tax cut, and it's required above certain income levels even when no tax is due. Check the current filing rules on incometax.gov.in.

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