Leave encashment tax rules for AY 2026-27: How much exemption salaried employees can claimITR Filing 2026-27: Salaried employees can claim tax exemption on leave encashment at retirement. While government employees enjoy full exe...
01 Jun, 2026, 11.44 AM IST
Key changes in ITR 1, 2, 3 and 4 forms in FY 25-26: Reporting of LTCG, buyback losses, F&O, intra-day trading & more; what new forms includeThe Income Tax Department has revised ITR forms for FY 2025-26, introducing new disclosure requirements for capital gains, trading, and for...
09 May, 2026, 11.00 AM IST
12 key income tax form changes every taxpayer should know: From Form 16 to Form 168A new Income-tax Act arrives on April 1, 2026. It brings fresh income tax forms and replaces many old ones. Taxpayers will use these new fo...
08 May, 2026, 10.09 AM IST
Income Tax Dept tightens disclosure norms under presumptive taxation schemeStarting from the assessment year 2026-27, a new mandate will compel taxpayers utilizing the presumptive taxation system to reveal their ba...
15 Apr, 2026, 12.40 AM IST
New ITR forms alert: Secondary address field added, what taxpayers must knowNew Income Tax Return forms are here for Assessment Year 2026-27. A key change is a new field for a secondary address. Contact details are ...
13 Apr, 2026, 02.01 PM IST
Did you donate to a political party or plan to do so in the future and claim an income tax deduction? New ITR forms require extra disclosure, check what to reportNew income tax return forms for Assessment Year 2026-27 demand greater detail on political party donations. Taxpayers seeking deductions un...
08 Apr, 2026, 03.52 PM IST
US 401(k) and other overseas pension account holders: Forms ITR-1 and ITR-4 are no longer available under the new Indian I-T Act; they must now file ITR-2 or ITR-3New Income Tax Return forms have removed ITR-1 and ITR-4, requiring US 401(k) and overseas pension account holders to now use ITR-2 or ITR-...
06 Apr, 2026, 05.51 PM IST
ITR filing: 4 disclosures you need to be ready with in new financial yearIndia’s tax department has rolled out updated ITR forms for FY 2025–26, introducing tighter disclosure norms while keeping the overall stru...
06 Apr, 2026, 12.00 PM IST
ITR filing season starts: Income Tax Return forms ITR-1, ITR-2, ITR-3 and others notifiedThe government has released income tax return forms for AY 2026-27, allowing taxpayers to file by July 31, 2026. However, ITR-1 is not for ...
31 Mar, 2026, 01.00 PM IST
ITR filing 2026: Government releases ITR forms for AY 2026–27; check details of ITR-U and ITR-VNew Income Tax Return forms are now available for Assessment Year 2026-27. The updated ITR-U form allows taxpayers to correct past filings....
31 Mar, 2026, 01.00 PM IST
ITR forms 1, 4 notified for FY 2024-25 (AY 2025-26): Now report these long-term capital gains in ITR-1; check other changesIncome tax ITR forms for FY 2024-25 notified: The Central Board of Direct Taxes (CBDT) has notified some income tax return forms. The notif...
01 May, 2025, 10.40 AM IST
ITR forms yet to be notified by Income Tax Department: Will it lead to ITR filing deadline extension?ITR filing deadline 2025: The income tax department has not yet notified the income tax return forms. As the one month is about to pass, wi...
29 Apr, 2025, 05.12 PM IST
Rich taxpayers will now need to give more details, ITR-2, ITR-3 for FY 2023-24 notified by CBDTTaxpayers earning over Rs 50 lakh or owning multiple houses must provide additional information when filing income tax returns (ITR). The C...
03 Feb, 2024, 08.41 AM IST
CBDT releases ITR forms for FY 2022-23 (AY 2023-24)There are no major changes in the ITR forms notified by the government. The income tax return forms will differ for taxpayers depending on ...
24 Apr, 2023, 03.35 PM IST
Early availability of ITR forms will improve ease of filing returns, says CBDTIt can be attributed to facilitate taxpayers and to improve the ease of filing. As per the dept, no significant changes have been made to t...
15 Feb, 2023, 04.00 PM IST
Simple ITR-1 form not for those paying Rs 1 lakh in electricity bill, owning house jointlyReturns in ITR-1 Sahaj can be filed by an ordinarily resident individual whose total income does not exceed Rs 50 lakh, while Form ITR-4 Su...
05 Jan, 2020, 05.27 PM IST
No cumbersome disclosures! Simplified tax return forms to be notified by next weekITR forms for this year sought details of bank accounts and foreign visits. They had specific columns for accounts, including ones paid by ...
22 May, 2015, 04.17 PM IST