Quick Summary
The Income Tax Department has officially released the Excel-based utilities for both ITR-1 (Sahaj) and ITR-4 (Sugam) for Assessment Year 2026-27. Taxpayers eligible under these simplified return forms can now begin preparing and filing their income tax returns using the latest utilities released on 15 May 2026. The release of these utilities is significant for salaried individuals, pensioners, freelancers, professionals, small business owners, and presumptive taxpayers who fall under the specif
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Community
- Daily E-Newsletter
- Unlimited News Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)
3 Months PLAN
999
(Excl. of GST ₹179)
View all CCI PRO benefits
Already a PRO member? Login here for an ad-free experience.
FAQ :
The Excel utilities for ITR-1 and ITR-4 for Assessment Year 2026-27 were released on 15th May 2026.
ITR-1 is for resident individuals with a total income up to Rs. 50 lakh, having income from salary, two house properties, other sources (like interest), long-term capital gains up to Rs. 1.25 lakh, and agricultural income up to Rs. 5,000.
ITR-4 is for resident individuals, HUFs, and firms (excluding LLPs) with a total income up to Rs. 50 lakh, having income from business and profession computed under sections 44AD, 44ADA, or 44AE, and long-term capital gains up to Rs. 1.25 lakh.
The total income limit for both ITR-1 and ITR-4 is up to Rs. 50 lakh.
The Excel utilities for ITR-1 and ITR-4 for AY 2026-27 have been released by the Income Tax Department.
CAclubindia
