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Apr 01, 2026
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ITR forms for AY 2026-27 notified: New disclosures may surprise salaried taxpayers – check what’s changed
Today marks the beginning of the new financial year FY2026-27, which also means that the new Income-tax Act, 2025 has kicked in and replaced the decades-old Act rolled out in 1962. Meanwhile, the government has also notified all income tax return (ITR) forms for Assessment Year (AY) 2026-27, setting the stage for the upcoming filing season.
The Central Board of Direct Taxes (CBDT) has released ITR-1 to ITR-7, along with ITR-U and ITR-V, under the Income-tax Rules, 1962. These forms will be used to file returns for income earned in FY 2025-26.
Importantly, even though the new Income-tax Act, 2025 and revised rules will come into force from April 1, 2026, taxpayers will continue to file returns for this assessment year under the existing legal framework.
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