|
The Central Board of Direct Taxes (CBDT) has notified all Income Tax Return (ITR) forms for Assessment Year (AY) 2025–26, corresponding to the financial year 2024–25.
While the structure of the forms largely remains unchanged, the updated forms reflect key changes introduced in the Finance Act. These include relief for taxpayers with small long-term capital gains (LTCG), a higher threshold for asset disclosure, and more detailed capital gains reporting.
|
