Tax Consultant
724 Points
Posted on 01 June 2026
The ITR-2 Excel utility for AY 2025-26 has had several known issues across the May 2026 update cycle.
Two things to check before assuming the utility is wrong:
- **Download the latest version** from the e-filing portal , check the version number at the top right of the utility. The pre-fill import bug was patched in the version released after May 10, 2026
- **Compare pre-filled data with Form 26AS and AIS** before editing , the pre-populated income figures sometimes lag the AIS update, so editing without checking the source can cause a mismatch during processing
For Schedule 112A (LTCG from equity), the earlier versions had rounding errors in the indexed cost calculation. The fix is to manually validate the purchase cost and fair market value before generating the XML.
Also: if you are already thinking about AY 2026-27 filings, CBDT notified revised ITR forms in April 2026 with significant changes to how capital gains are reported. The [new ITR forms guide for AY 2026-27](https://taxgarden.in/blog/new-itr-forms-ay-2026-27-cbdt-notification-key-changes) covers what has changed so you can plan ahead.