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The Income Tax Portal has enabled ITR-1, ITR-2, ITR-3 ITR-4 Utilities for filing Income Tax Returns for the Assessment Year 2025-26. ITR-1 (Sahaj) – Applicable only for Individual with income up to ₹50 lakhs from salary or pension, one house property, Agricultural Income up to ₹ 5,000 and othe
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FAQ :
The Income Tax Portal has released utilities for ITR-1, ITR-2, ITR-3, and ITR-4 for filing Income Tax Returns for Assessment Year 2025-26.
It is recommended to wait until the third week of July to file ITR-2 and ITR-3 to allow time for TDS credits to reflect correctly in Form 26AS and for all income and tax details to appear properly in AIS.
New changes include questions about switching between old and new tax regimes (Form 10-IE), capital gains reporting in more forms and split reporting, increased disclosures for exempt agricultural income, and a higher threshold for asset/liability disclosure.
ITR-1 (Sahaj) is applicable for Individuals with total income up to ₹50 lakhs from salary or pension, one house property, agricultural income up to ₹5,000, and other sources.
ITR-4 (Sugam) is applicable for Individuals, HUFs, and Firms (excluding LLPs) with income up to ₹50 lakhs and presumptive income from business or profession.
The filing utilities for ITR-5, ITR-6, and ITR-7 are expected to begin from the last week of July 2025.
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