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E-filing ITR on Income Tax portal? Know 8 key changes in ITR forms for individual taxpayers

Upstox
By Upstox News Desk

3 min read | Updated on September 03, 2025, 17:04 IST

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SUMMARY

With just 12 days left before the end of the extended ITR deadline on September 15, many taxpayers are still grappling with various changes in ITR forms.

ITR form changes 2025

Know about eight major changes in ITR forms

The Central Board of Direct Taxes (CBDT) had to extend the Income Tax Return (ITR) filing due date for FY 2024-25 due to various changes in the ITR forms. These changes became necessary due to various amendments in tax laws under the Finance Act 2024.

With just 12 days left before the end of the extended ITR deadline on September 15, many taxpayers are still grappling with those changes.

If you are also one of those taxpayers, here's a list of eight key changes in ITR forms that will come in handy while filing your returns before the deadline on the e-filing portal of the Income Tax Department.

Long-term capital gains (LTCG): Now you can report LTCG up to ₹1.25 lakh from equity shares and equity mutual funds under Section 112A in ITR-1 and ITR-4. Earlier, taxpayers needed to file ITR-2 or ITR-3 to report such gains.
Mandatory Aadhaar: Now Aadhaar Enrolment ID is not accepted. You need to furnish only the Aadhaar number for ITR filing.
Tax regime declaration: If you are opting for the new tax regime under Section 115BAC, then the ITR is now seeking confirmation if you are continuing with the opted-out regime and details of Form 10-IE/10-IEA filed in previous years.
Split capital gains: The ITR forms now require date-wise reporting based on changes in capital gain rates from July 23, 2024. From this date, STCG is taxable at 20% under Section 111A and LTCG at 12.5% under Section 112/112A.
STCG on unlisted bonds and debentures: Any gains from unlisted bonds and debentures sold after July 23, 2024, are now treated as short-term capital gains under Section 50AA. They were previously treated as long-term gains if held for more than 12 months.
Documents required for disability deduction: For claiming tax deduction under Section 80DD for disability, the ITR forms now require you to submit certificates other than Form 10-A.
No disclosure up to ₹1 crore income: There is a new income threshold for filing Schedule AL (Assets and Liabilities) in ITR-2 and ITR-3. It has been increased from ₹50 lakhs to ₹1 crore.
TDS sections: In Schedule TDS, the ITR forms are now seeking the section under which tax has been deducted.

More on ITR filing

The last date to file ITR without paying a penalty for FY 2024-25 (AY 2025-26) is September 15, 2025.

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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.