Major Updates in ITR Forms for AY 2025-26


	Home Team Services Value Added Tax (VAT) Income Tax Corporate Governance Service Tax Corporate Services Corporate Finance Services for Non-Residents Accounting Services Payroll Benefits of Outsourcing TDS Audit Accounting Services Website Virtual Design2 Site3 Site Site1 Design Design1 Calculators Calculate Net Profit Calculate Net Worth Effective Capital HRA NSC EMI Auto Loan Calculator Home Loan Calculator Get No. Of Installment RERA Calculator Developers Calculator Home Buyer Delay Interest Home Buyer Refund SIP CALCULATOR Lumpsum CALCULATOR Bulletins RBI SEBI Notification Circular Income Tax Service Tax Central Sales Tax Excise Matters Customs Company Law Labour Laws FEMA The LLP Act 2008 Accounting Standard (INDAS) Others GST VAT Delhi VAT Maharastra VAT Gujarat VAT Telangana VAT Tamil Nadu VAT IGST UTGST Compensation Cess IBC Regulation Utilities Income Tax Bill 2025 IT Act Vs IT Bill 2025 IT Bill 2025 faqs income tax bill faqs income tax bill general Rates of TDS TDS Rates for N.R.I us 195 Rates of Income Tax Depreciation Rates Companies Act Depreciation Rates Income Tax Act ROC Filing Fees (Cos Act, 2013) ROC Fee Structure (Cos Act, 2013) Cost Inflation Index IFSC Codes MICR Codes Rates of NSC Interest Gold and Silver Rates Rates of Stamp Duty LLP Fees National Industries Classification HSN Rate List Deduction u/s 80TTA Vs 80TTB Links Quick Links Important Links GST/VAT Links Ease Of Doing Business Acts Direct Tax Income Tax Act Wealth Tax Act Income Declaration Scheme 2016 Direct Tax Vivad Se Vishwas Scheme Indirect Tax Service Tax(Finance Act, 1994) Central Sales Tax Act, 1956 The Central Excise Act, 1944 Customs Act, 1962 Entry Tax Act Corporate Laws Companies Act, 2013 Companies Act, 1956 LLP ACT SEBI Act, 1992 Company Secretaries Act, 1980 VAT Laws Delhi Value Added Tax Act, 2004 MVAT Act, 2002 West Bengal VAT Act, 2003 Tamilnadu VAT ACT, 2006 Karnataka Value Added Tax Act, 2003 Gujarat Value Added Tax Act, 2003 UP VAT Act, 2008 Rajasthan Value Added Tax Act, 2003 Punjab Value Added Tax Act Haryana Value Added Tax Act Telangana VAT Act 2005 Andhra Pradesh VAT Act, 2005 Bihar Value Added Tax Act, 2005 Other Statutes ESI Act, 1948 PF Act, 1952 Profession Tax Act The Indian Partnership Act, 1932 Societies Registration Act, 1860 Competition Act, 2002 Reserve Bank of India Act, 1934 MRTP Act, 1969 Equalisation Levy Act, 2016 Right To Information Act, 2005 FEMA, 1999 Maharashtra RERA RERA, 2016 Insolvency & Bankruptcy Code, 2016 Benami Property Act 1988 GST Laws IGST Act , 2017 Rules Direct Tax Rules Income Tax Rules Wealth Tax Rules 1957 Income Declaration Scheme Rules 2016 Indirect Tax Rules GST Valuation Rules , 2016 Service Tax Rules CST (Delhi) Rules, 2005 CST (Maharashtra) Rules Customs Valuation Rules Cenvat Credit Rules, 2017 Entry Tax Rules Corporate Laws Rules Companies Rules, 2014 LLP Rules, 2009 LLP Winding up Rules, 2012 Cos Unpaid Dividend Rules, 1978 VAT Laws Rules Delhi VAT Rules, 2005 Maharashtra VAT Rules, 2005 West Bengal VAT Rules, 2005 Tamilnadu VAT Rules, 2007 Karnataka VAT Rules, 2005 Gujarat VAT Rules, 2006 Uttar Pradesh VAT Rules, 2008 Rajasthan VAT Rules, 2006 Punjab VAT Rules Haryana VAT Rules, 2003 Telangana VAT Rules 2005 Andhra Pradesh VAT Rules, 2005 Bihar Value Added Tax Rules, 2005 Other Statutes Profession Tax Rules NBFC Deposits Directions, 1998 NBFC & Misc NBC (Advt) Rules, 1977 NBFC Auditor Report Directions, 2008 Delhi Labour Welfare Fund Rules, 1997 Cost records and audit Rules, 2014 Baggage Rules, 2016 Equalisation Levy Rules, 2016 NCLT And NCLAT Rules Insolvency & Bankruptcy Rules Benami Property Rules, 2016 GST Rules CGST Rules, 2017 IGST Rules 2017 Forms Income Tax Forms ROC Forms (Cos Act, 2013) ROC Forms (Cos Act, 1956) Income Declaration Forms Wealth Tax Forms Service Tax Forms Companies Unpaid Dividend Forms NBFCs Forms LLP Winding up FEMA Forms LLP Forms CGST Forms GST Forms Accounts and Records Advance Ruling Appeals and Revision Assessment and Audit Composition Demands and Recovery Input Tax Credit Inspection, Search and Seizure Offences and Penalties Payment of Tax Refund Registration Returns Transitional Provisions Value of Supply Knowledge Bank Calculators Calculate Net Profit Calculate Net Worth Effective Capital HRA NSC EMI Auto Loan Calculator Home Loan Calculator Get No. Of Installment RERA Calculator Developers Calculator Home Buyer Delay Interest Home Buyer Refund SIP CALCULATOR Lumpsum CALCULATOR Bulletins RBI SEBI Notification Circular Income Tax Service Tax Central Sales Tax Excise Matters Customs Company Law Labour Laws FEMA The LLP Act 2008 Accounting Standard (INDAS) Others GST VAT Delhi VAT Maharastra VAT Gujarat VAT Telangana VAT Tamil Nadu VAT IGST UTGST Compensation Cess IBC Regulation Utilities Income Tax Bill 2025 IT Act Vs IT Bill 2025 IT Bill 2025 faqs income tax bill faqs income tax bill general Rates of TDS TDS Rates for N.R.I us 195 Rates of Income Tax Depreciation Rates Companies Act Depreciation Rates Income Tax Act ROC Filing Fees (Cos Act, 2013) ROC Fee Structure (Cos Act, 2013) Cost Inflation Index IFSC Codes MICR Codes Rates of NSC Interest Gold and Silver Rates Rates of Stamp Duty LLP Fees National Industries Classification HSN Rate List Deduction u/s 80TTA Vs 80TTB Links Quick Links Important Links GST/VAT Links Ease Of Doing Business Acts Direct Tax Income Tax Act Wealth Tax Act Income Declaration Scheme 2016 Direct Tax Vivad Se Vishwas Scheme Indirect Tax Service Tax(Finance Act, 1994) Central Sales Tax Act, 1956 The Central Excise Act, 1944 Customs Act, 1962 Entry Tax Act Corporate Laws Companies Act, 2013 Companies Act, 1956 LLP ACT SEBI Act, 1992 Company Secretaries Act, 1980 VAT Laws Delhi Value Added Tax Act, 2004 MVAT Act, 2002 West Bengal VAT Act, 2003 Tamilnadu VAT ACT, 2006 Karnataka Value Added Tax Act, 2003 Gujarat Value Added Tax Act, 2003 UP VAT Act, 2008 Rajasthan Value Added Tax Act, 2003 Punjab Value Added Tax Act Haryana Value Added Tax Act Telangana VAT Act 2005 Andhra Pradesh VAT Act, 2005 Bihar Value Added Tax Act, 2005 Other Statutes ESI Act, 1948 PF Act, 1952 Profession Tax Act The Indian Partnership Act, 1932 Societies Registration Act, 1860 Competition Act, 2002 Reserve Bank of India Act, 1934 MRTP Act, 1969 Equalisation Levy Act, 2016 Right To Information Act, 2005 FEMA, 1999 Maharashtra RERA RERA, 2016 Insolvency & Bankruptcy Code, 2016 Benami Property Act 1988 GST Laws IGST Act , 2017 Rules Direct Tax Rules Income Tax Rules Wealth Tax Rules 1957 Income Declaration Scheme Rules 2016 Indirect Tax Rules GST Valuation Rules , 2016 Service Tax Rules CST (Delhi) Rules, 2005 CST (Maharashtra) Rules Customs Valuation Rules Cenvat Credit Rules, 2017 Entry Tax Rules Corporate Laws Rules Companies Rules, 2014 LLP Rules, 2009 LLP Winding up Rules, 2012 Cos Unpaid Dividend Rules, 1978 VAT Laws Rules Delhi VAT Rules, 2005 Maharashtra VAT Rules, 2005 West Bengal VAT Rules, 2005 Tamilnadu VAT Rules, 2007 Karnataka VAT Rules, 2005 Gujarat VAT Rules, 2006 Uttar Pradesh VAT Rules, 2008 Rajasthan VAT Rules, 2006 Punjab VAT Rules Haryana VAT Rules, 2003 Telangana VAT Rules 2005 Andhra Pradesh VAT Rules, 2005 Bihar Value Added Tax Rules, 2005 Other Statutes Profession Tax Rules NBFC Deposits Directions, 1998 NBFC & Misc NBC (Advt) Rules, 1977 NBFC Auditor Report Directions, 2008 Delhi Labour Welfare Fund Rules, 1997 Cost records and audit Rules, 2014 Baggage Rules, 2016 Equalisation Levy Rules, 2016 NCLT And NCLAT Rules Insolvency & Bankruptcy Rules Benami Property Rules, 2016 GST Rules CGST Rules, 2017 IGST Rules 2017 Forms Income Tax Forms ROC Forms (Cos Act, 2013) ROC Forms (Cos Act, 1956) Income Declaration Forms Wealth Tax Forms Service Tax Forms Companies Unpaid Dividend Forms NBFCs Forms LLP Winding up FEMA Forms LLP Forms CGST Forms GST Forms Accounts and Records Advance Ruling Appeals and Revision Assessment and Audit Composition Demands and Recovery Input Tax Credit Inspection, Search and Seizure Offences and Penalties Payment of Tax Refund Registration Returns Transitional Provisions Value of Supply Careers Admin Login Email Login Web-EDGE Contact Us


	Blog Categories All Business eMail Hosting (9) Cloud Solutions (36) Compliance Calendar (4) Culture at Webtel (3) Digital Business Card (1) Digital Database (2) Digital Signature (12) E-invoicing (107) GST (59) HR & Payroll (60) Income Tax (32) Office Automation (32) Remote Desktop Solution (7) Remote Work (3) SAP ERP Management (35) TDS/TCS (21) Updates and Press Releases (38) Website Designing (7) XBRL & Cost-XBRL (9) Major Updates in ITR Forms for AY 2025-26 Category: Income Tax, Posted on: 17/06/2025 , Posted By: Webtel Visitor Count:14 The Income Tax Department has notified and enabled the Income Tax Return (ITR) forms for Assessment Year (AY) 2025-26, marking several crucial updates that taxpayers must be aware of while filing their returns. These changes aim to enhance transparency, improve reporting accuracy, and streamline tax filing processes, particularly in line with the evolving tax environment and digitization. This article provides a comprehensive overview of the major updates in ITR forms from the point of view of individuals, HUF and other small tax payers. ITR-1 and ITR-4 Enabled Early for Online Filing The online filing facility for ITR-1 (Sahaj) and ITR-4 (Sugam) has been made available late for AY 2025-26. It is due to this reason that the due date has been extended from 31^st July, to 15^th September. ● ITR-1 is meant for resident individuals with a total income up to Rs 50 lakh, having income from salary, one house property, and other sources (like interest). ● ITR-4 is for individuals, HUFs, and firms (other than LLPs) with total income up to Rs 50 lakh and who opt for presumptive income taxation under sections 44AD, 44ADA, or 44AE. ITR-2 and ITR-3, meant for individuals and HUFs with income from capital gains, multiple house properties, or business/profession, are yet to be enabled for online filing. Reporting of Long-Term Capital Gains (LTCG) A major change allows taxpayers filing ITR-1 or ITR-4 to report long-term capital gains (LTCG) under section 112A, provided the amount does not exceed Rs 1.25 lakhs. Earlier, any LTCG reporting would mandate the use of ITR-2 or ITR-3. This is particularly beneficial for small investors earning limited capital gains from equity or mutual funds. Mandatory Aadhaar Number Taxpayers are now required to enter their Aadhaar number mandatorily while filing returns. The option to enter the Aadhaar enrolment ID (for those who have applied for Aadhaar but not yet received it) has been removed. This change aligns with the move towards stronger identity verification and seamless PAN-Aadhaar linkage. Tax Regime Selection Clarified The new tax regime under section 115BAC has been set as the default for individuals and HUFs. Taxpayers now need to explicitly indicate whether they wish to opt out of the default regime. ● In ITR-1, the option to choose the old regime is provided within the return itself. ● In ITR-4, opting out requires filing Form 10-IEA. This change simplifies the selection process while reinforcing the government’s intent to promote the new concessional tax structure. Higher Turnover Limit for Presumptive Taxation In line with the Union Budget announcements, the turnover limit under sections 44AD and 44ADA has been revised: ● For businesses under section 44AD, the limit is raised from Rs 2 crore to Rs 3 crore. ● For professionals under section 44ADA, the limit is enhanced from Rs 50 lakh to Rs 75 lakh. However, this is applicable only if cash receipts do not exceed 5% of total turnover or gross receipts. To facilitate this, ITR-4 now includes a dedicated field to disclose "Receipts in cash." Disclosure of Online Gaming Winnings A new section has been introduced to capture income from online gaming, which is now taxable under section 115BBJ. Taxpayers need to declare such income separately in the return, ensuring clear distinction from other income sources. Reporting of Amounts Payable to MSMEs In light of the amendment under section 43B (h), amounts payable to Micro and Small Enterprises (MSEs) beyond the allowed credit period must be disclosed and are disallowed as deductions. This change enforces strict compliance with the MSME Development Act and encourages timely payments. Mandatory Audit Report Information Taxpayers subject to audit under section 44AB must furnish details like: ● Date of audit report ● Acknowledgment number ● UDIN (Unique Document Identification Number) This enhances traceability and integration with professional certifications submitted by Chartered Accountants. Capital Gains Account Scheme (CGAS) Details When claiming exemption from capital gains tax by depositing proceeds in the Capital Gains Account Scheme, the ITR now requires disclosure of: ● Amount deposited ● Account number ● Bank details This update aims to prevent misuse and ensure that exemptions are availed only when properly documented. Deduction under Section 80CCH for Agni veer Corpus Fund A new deduction under section 80CCH has been introduced for individuals enrolled under the Agni path Scheme. Contributions to the Agni veer Corpus Fund are now eligible for deduction and have been included as a separate entry in the ITR forms. Conclusion The updates to ITR forms for AY 2025-26 reflect the Income Tax Department’s efforts to modernize return filing, improve compliance, and align tax reporting with policy reforms. Taxpayers should carefully review these changes and ensure that their returns are prepared accurately, especially with the added reporting requirements and validations. Early filing, supported by simplified and digitized processes, is strongly recommended to avoid last-minute issues and ensure smooth assessment. Disclaimer: The content of the blog does not create any responsibility of the firm / its authorized persons whose website is being accessed. The blog is not for legal use. Kindly verify the correctness of data/contents from your own sources. This is only for information purpose. Add a Comment Name: Your Comment: View Comments (0)

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