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IT Dept To Notify New Forms For ITR Filing By Jan, Says CBDT Chair Aggarwal

The IT Department will notify forms and rules related to ITR by January, says CBDT Chairman Ravi Aggarwal. New forms will align with the new Income Tax Act of 2025.

New ITR filing norms to be announced by January Photo: AI-generated image
Summary
  • Income tax department to notify new ITR forms and rules

  • New ITR forms to be notified by January

  • Focus on simplifying return filing, aligning with Income Tax Act, 2025

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The Income Tax department will notify forms and rules related to income tax returns by January, PTI quoted Central Board of Direct Taxes Chairman Ravi Aggarwal as saying. The aim of these forms and rules will be to align ITR filings with the amended provisions of the Income Tax Act, 2025, Aggrarwal said.

The new forms will intend to make filing of income tax returns simpler and more taxpayer-friendly, Aggarwal said after inaugurating a taxpayers’ lounge at the India International Trade Fair (IITF). The new income tax law, which replaces the Income Tax Act, 1961, comes into effect from April 1, 2026.

The IT department will focus on making filing of returns easier to comply with so that taxpayers can transition to the incoming tax law without any difficulty, Aggarwal said.

The new IT Act taking effect next year has modernised and simplified its predecessor by consolidating certain sections and simplifying the language of the law. Additionally,  it also revamped the structure of provisions related to taxes deducted at source while also broadening definitions to include virtual digital assets and virtual digital spaces such as social media.

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The new forms and rules will aim to remove redundant rules pertaining to the old IT Act and bring in relevant and simpler mechanism under the new law, Aggarwal said.

How to File for ITR

  • To file an income tax return, simply register and log in to the Income Tax e-filing portal. Gather your documents such as PAN, Aadhaar number, bank account details, Form 16, Form 26AS, documents for investments,  etc.

  • Now, navigate on the website to ‘'File Income Tax Return', select the assessment year and mode of filing. You can file the return through either online or physical mode. For online mode of filing, select the status and ITR form based on whether you are filing as an individual or a company. Review the pre-filled details of your e-filing profile and add details such as other sources of income, etc.

  • In case of tax liability, you can pay tax incurred online using the ‘Pay Now’ option. Preview the return and e-verify your return using the one-time password generated through Aadhaar or PAN.

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