ITR Forms Remain, Rules Change: What's New for You from April 1?
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New ITR Forms: Same Forms, New Rules from April 1st - What Changes for You?
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News18•08-02-2026, 11:48
New ITR Forms: Same Forms, New Rules from April 1st - What Changes for You?
•Income Tax Act, 2025, to replace the old act from April 1, 2026, with new ITR forms (ITR-1 to ITR-7) framework released.
•ITR-1 (Sahaj) is now fully digitized; paper filing only for super senior citizens (80+), EVC/DSC mandatory for others.
•ITR-2 requires more detailed statements for capital gains; ITR-3 mandates detailed audit for those opting out of Presumptive Taxation.
•ITR-4 (Sugam) eligibility significantly tightened: not for income over 50 lakh, company directors, unlisted shares, agricultural income over 5k, or foreign assets/income.
•ITR-5, 6, and 7 see increased digital reporting standards; ITR-7 (charitable trusts, political parties) faces stricter transparency and audit requirements.
