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.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.