30/4/2025, 1:02:03 pm

I-T Department notifies ITR forms 1, 4 for AY 2025-26

The income tax department has notified ITR forms 1 and 4 for assessment year (AY) 2025-26, applicable to individuals and entities with income up to Rs 50 lakh. Individuals with long-term capital gains up to Rs 1.25 lakh can now file ITR-1, simplifying the process for small investors and salaried taxpayers.