Latest Updates on NEW ITR FORMS | Rajput Jain & Associates

Types of ITR Form and ITR Form Applicability

ITR Form Applicability for AY 2026-27 (FY 2025-26) ITR Form Who Should File? ITR-1 (Sahaj) Resident individuals (other than not ordinarily resident) having total income up to ₹50 lakh from salary, pension, up to two house properties, other sources, and agricultural income up to ₹5,000. Also applicable where LTCG under Section 112A does not exceed …

Income tax Return

Late Fee & last date to File updated ITR Return

NEW UPDATE FOR FY 2022-23 – New ITR forms for AY 2023-24 ITR forms 1-6, ITR-V (verification form), and ITR acknowledgment form are made public For AY 2023–24. For the FY 2022–2023, if you got any income from cryptocurrencies or other digital assets, You must do so using a unique schedule found in the new …

Income Tax

Latest Income Tax Rules applicable from 1/04/2021

A quick review of the latest updates of Income-tax: You can invest under section 80C, 80D etc in the tax reduction instrument and pay higher taxes if you have kept going with the old tax burden. In short, there will be two kinds of tax burdens confirmed last year. Lower tax rate regime without deduction …