Income Tax Return Forms for AY 2025-26: A Comprehensive Guide

✅ ITR Forms for AY 2025–26

1. ITR-1 (SAHAJ)

• Who should use it: Resident individuals (other than Not Ordinarily Resident) with total income up to ₹50 lakh from:

  • Salary/Pension

  • One House Property

  • Other sources (e.g., interest, family pension, dividend)

  • Agricultural income up to ₹5,000

• Key updates: Now includes long-term capital gains (LTCG) up to ₹1.25 lakh from listed securities under section 112A, previously applicable only to ITR-2 .

2. ITR-2

• Who should use it: Individuals and HUFs not having income from business or profession.

• Key updates:

  • Separate reporting of capital gains before and after July 23, 2024.

  • Allowance of capital loss on share buybacks from October 1, 2024.

  • Raised threshold for reporting assets and liabilities to ₹1 crore.

  • Enhanced disclosures for deductions like 80C and 10(13A).

3. ITR-3

• Who should use it: Individuals and HUFs having income from business or profession.

• Key updates:

  • Separate reporting of capital gains before and after July 23, 2024.

  • Allowance of capital loss on share buybacks from October 1, 2024.

  • Raised threshold for reporting assets and liabilities to ₹1 crore.

  • Enhanced disclosures for deductions like 80C and 10(13A).

4. ITR-4 (SUGAM)

• Who should use it: Individuals, HUFs, and firms (other than LLPs) with total income up to ₹50 lakh and income from business or profession computed on a presumptive basis under sections 44AD, 44ADA, or 44AE.

• Key updates:

  • Now includes long-term capital gains (LTCG) up to ₹1.25 lakh from listed securities under section 112A, previously applicable only to ITR-2 .

5. ITR-5

• Who should use it: Firms, LLPs, AOPs, BOIs, and other similar entities.

• Key updates: Reflects changes in tax rules, disclosures, and eligibility criteria .

6. ITR-6

• Who should use it: Companies other than those claiming exemption under section 11.

• Key updates: Incorporates changes in tax rules and disclosures .

7. ITR-7

• Who should use it: Entities like charitable trusts, religious institutions, political parties, research associations, and other institutions claiming exemption under sections 11, 12, 10(23C), and 13A.

• Key updates:

  • Enhanced disclosure provisions for foreign contributions and registration under different laws (e.g., FCRA, SEBI).

  • Compliance checks for designated offences under section 13, which may lead to refusal of exemption .

📝 Additional Forms

• Form 10-IEA: A declaration form for individuals, HUFs, AOPs, BOIs, or artificial juridical persons with business or professional income who wish to opt for the old tax regime instead of the new one. This form must be submitted before the due date for filing the ITR.

📥 Download ITR Forms

You can download the official ITR forms from the Income Tax Department's website:
👉 Income Tax Department – ITR Forms

If you need assistance in selecting the appropriate form based on your specific income sources or tax situation, feel free to ask!

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⚠️ Disclaimer:

The information provided in this article is for general informational purposes only. While every effort has been made to ensure the accuracy and reliability of the content, the author and Tax Manthan blog do not assume any liability for any errors or omissions. The content is not intended to serve as legal or tax advice, and readers are encouraged to consult a qualified tax professional or financial advisor for personalized advice and assistance with their specific tax filing requirements. Tax laws and regulations are subject to change, and it is essential to stay updated with the latest notifications from the Income Tax Department.