Income tax department notifies all 7 ITR forms for AY 2025-26; Check key changes in capital gains reporting and disclosure norms
The income tax department has notified all seven ITR forms for the assessment year 2025-26, including changes in ITR-1 and ITR-4 for reporting capital gains. Taxpayers with LTCG up to Rs 1.25 lakh can now file ITR-1 and ITR-4. Other ITR forms have been updated to reflect changes in capital gains tax calculations and reporting thresholds.
The income tax department has notified all seven ITR forms for the assessment year 2025-26, including changes in ITR-1 and ITR-4 for reporting capital gains. Taxpayers with LTCG up to Rs 1.25 lakh can now file ITR-1 and ITR-4. Other ITR forms have been updated to reflect changes in capital gains tax calculations and reporting thresholds.
