Compulsory disclosure of Bank Balances in ITR‑4
Compulsory disclosure of taxpayer Bank Balances in ITR‑4 CBDT has introduced a significant compliance requirement via Notification No. 45/2026 dated 30 March 2026. Earlier ITR fillings were required; only bank account details (account number, IFSC, and bank name) were required, and bank balance disclosure was optional. However, now (AY 2026–27 onwards) bank balances must be …