return to news
  1. Upstox
    /
  2. News
    /
  3. Personal Finance News
    /
  4. Tax
    /
  5. CBDT notifies all Income Tax Return forms for AY 2026-27 before new financial year; key details here

Personal Finance News

CBDT notifies all Income Tax Return forms for AY 2026-27 before new financial year; key details here

Upstox
By Upstox News Desk

3 min read | Updated on March 31, 2026, 20:28 IST

Twitter Page
Linkedin Page
Whatsapp Page

SUMMARY

While Income-tax Rules 2026 come into effect from April 1, 2026, income tax returns for AY 2026-27 will be filed as per Income-tax Rules 1962 and Income-tax Act, 1961.

itr forms for ay 2026-27

ITR forms for AY 2026-27 have been notified early. | Image source: Shutterstock

Before the start of the new financial year 2026-27 on April 1, the Central Board of Direct Taxes (CBDT) has notified income tax return forms for AY 2026-27. These forms will be applicable for filing income-tax returns for the current financial year (FY 2025-26) ending March 31, 2026.

Open FREE Demat Account within minutes!
Join now
While the Income-tax Rules 2026 come into effect from April 1, 2026, income tax returns for AY 2026-27 will be filed as per Income-tax Act, 1961.

The provisions of the Income-tax Act 2025 will be applicable for filing returns in the year 2027 for the financial year 2026-27 (tax year 2026-27).

The tax return forms that have been notified include ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6, ITR-7, ITR-U, and ITR-V.

Which ITR form is applicable to whom

ITR-1 Sahaj: According to the notification, this form is applicable for individuals being a resident (other than not ordinarily resident) having total income up to ₹50 lakh and having income from salaries, two house properties, other sources (interest etc.), long-term capital gains under section 112A up to ₹1.25 lakh, and agricultural income up to ₹5000.

ITR-1 is not for an individual who is either a director in a company or has invested in unlisted equity shares or in cases where TDS has been deducted u/s 194N or if income tax is deferred on ESOP or has assets (including financial interest in any entity) located outside India.

ITR-4 Sugam: This form is for individuals, HUFs and firms (other than LLP) being a resident having total income up to ₹50 lakh and having income from business and profession which is computed under sections 44AD, 44ADA or 44AE, and having long-term capital gains under section 112A up to ₹1.25 lakh.

This form is not for an individual who is either director in a company or has invested in unlisted equity shares or if income-tax is deferred on ESOP or has agricultural income more than ₹5000 or has assets (including financial interest in any entity) located outside India).

ITR-2: This form is suitable for individuals and HUFs not having income from profits and gains of business or profession, and for those for whom ITR-4 and ITR-1 are not applicable.
ITR-3: This form is suitable for individuals and HUFs having income from profits and gains of business or profession.
ITR-5: This form can be filed by persons other than an individual, HUF, company and a person filing Form ITR-7.
ITR-V: This is the income tax return verification form required when the data of the return of income in Form ITR-1 (SAHAJ), ITR-2, ITR-3, ITR-4(SUGAM), ITR-5, ITR-7 are filed but not verified electronically.
ITR-6: This form is for companies other than companies claiming exemption under section 11 of the Income-tax Act, 1961.
ITR-7: This form is for persons including companies required to furnish return under sections 139 (4A) or 139(4B) or 139(4C) or 139(4D) only.
ITR-U: This form can be used by persons to update income/reduce loss within 48 months from the end of the relevant assessment year.

The ITR filing due date for AY 2026-27 for non-audit cases is July 31, 2026.

Income Tax Calculator
1
Basic details
2
Income details
3
HR & other allowances
4
Deductions
5
Summary
Basic details
Financial year
FY 2025 - 2026
New
Dropdown Arrow
Age group
0 - 59 yrs
Dropdown Arrow
My city is a
Metro
Dropdown Arrow
Continue
To add Upstox News as your preferred source on Google, Click here
For all personal finance updates, visit here

About The Author

Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

Next Story