CBDT Notifies ITR-1 and ITR-4 Forms for AY 2026-27
The Central Board of Direct Taxes (CBDT) has officially released the Income Tax Return (ITR) forms ITR-1 (Sahaj) and ITR-4 (Sugam) for the Assessment Year (AY) 2026-27. Taxpayers who are required to file these specific forms for the upcoming assessment year can now access them.
ITR-1 is generally used by individuals with a total income up to Rs. 50 lakh, having income from salary, one house property, other sources (interest, etc.), and agricultural income up to Rs. 5,000. ITR-4 is applicable to individuals, Hindu Undivided Families (HUFs), and firms (excluding LLPs) who are residents with a total income up to Rs. 50 lakh and have income from business and profession computed under the presumptive taxation schemes of sections 44AD, 44ADA, or 44AE of the Income Tax Act.
Taxpayers can download these new forms to prepare for their tax filings for AY 2026-27.
Original Source: https://www.incometax.gov.in/iec/foportal/sites/default/files/2026-04/Notification%20No.45_2026.pdf
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