Accordingly, the ITR forms will be aligned with the 1961 law as amended by the Finance Act, 2026. Therefore, taxpayers will continue to see terms like ‘Assessment Year’ and ‘Previous Year’, not ‘Tax ...
The government has released income tax return forms for AY 2026-27, allowing taxpayers to file by July 31, 2026. However, ITR ...
The Income Tax Act, 2025 replaces the old 1961 law from April 2026, streamlining compliance, revising deadlines, ...
One of the most significant changes from 1 April is the implementation of the new Income Tax Act, 2025. Follow Mint's LIVE ...