As the assessment year 2025–26 kicks off, the Income Tax Department is urging all taxpayers to file their Income Tax Returns (ITR) through the official portal. Filing ITR isn’t just for those who owe taxes — even individuals with zero tax liability may still be legally obligated to file a return.

Who Needs to File?

According to current regulations, anyone with taxable income — whose accounts are not subject to audit — must file an ITR. This ensures compliance with income tax laws and helps avoid penalties or legal repercussions.

Even if your income falls below the taxable limit and you’re eligible for a full tax refund, filing a return is still essential. The key? Properly disclosing your income sources and claiming exemptions with valid documentation. The Income Tax Department continues to stress that filing is about legal compliance, not just tax payment.

Special Provisions for Senior Citizens

Senior citizens, especially those aged 75 years and above, are eligible for certain relaxations. If their income is limited to pension and interest earned from a single specified bank, they can be exempted from filing ITR. However, this exemption isn’t automatic — it requires a declaration via Form 12BBA, submitted directly to the bank.

This age-specific benefit highlights the need for awareness about tax norms, as exemptions are tightly linked to conditions and proper procedural follow-through.

Why Filing Matters — Even Without a Tax Bill

Filing an ITR — even when you’re exempt from paying taxes — provides a documented record of your income and exemption claims. It also ensures:

• Compliance with the law
• Eligibility for loans or visas
• Faster tax refunds
• Protection from future legal complications

Taxpayers are required to submit clear, comprehensive income disclosures along with valid evidence for any exemptions claimed. This safeguards them from penalties and ensures transparency.

Final Word

Whether or not you owe taxes, understanding your filing obligations is crucial. Exemptions may keep your tax bill at zero, but they don’t automatically remove your responsibility to file. As per the Income Tax Department’s guidelines, all individuals with taxable income and unaudited accounts must file an ITR — and those eligible for refunds must back their claims with proper documentation.

Bottom line: No tax ≠ no filing. Staying compliant today means fewer problems tomorrow.