New ITR forms simplify filing for individuals with LTCG up to ₹1.25 lakh, enhancing taxpayer services and compliance.

After a long wait, Central Board of Direct Taxes has finally notified income tax return (ITR) forms ITR-1 and ITR-4 for ...

Individual taxpayers earning long-term capital gains (LTCG) up to ₹1.25 lakh under Section 112A of the Income Tax Act, 1961, ...

addition of income appearing in Form 26AS or Form 16A or Form 16 which has not been included in computing the total income in ...

The government has also made certain changes in the form for deductions claimed under 80C, 80GG and other sections and has ...

The CBDT has released ITR forms 1 and 4 for the financial year 2024-25, applicable for income earned from April 1, 2024, to ...

The government has notified the income tax return forms 1 and 4 for assessment year 2025-26, and made it easier for ...

With the notification, individuals, HUFs, firms having income up to Rs 50 lakh and those having earnings from business and ...

This change makes tax filing simpler and less time-consuming for small investors, especially salaried individuals.

A major change in the ITR forms this year is that ITR-1 (SAHAJ) can be filed for notifying long-term capital gains (LTCG) ...

Taxpayers with long-term capital gains (LTCG) under Section 112A can now file ITR-1, provided the gains are within the ...

The government has notified the income tax return forms 1 and 4 for assessment year 2025-26, and made it easier for ...