New Tax Act 2025 Kicks In, But 2026 ITR Filing Follows Old Rules: Taxpayer Guide

• The New Tax Act 2025 is effective, but Income Tax Return (ITR) filing for the financial year 2026 will still adhere to the previous regulations.
• Teena Jain Kaushal, Editor – Personal Finance (AG), and Sumit Singhania, Partner, Deloitte India, clarify the implications of the new tax law.
• The discussion covers why ITR filing for FY26 continues under old rules and essential considerations for taxpayers.
• Updates to ITR forms and the transition from 'assessment year' to 'tax year' are explained in simple terms.