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CBDT Notifies New ITR Forms for AY 2025–26

Updates

Income Tax GST India
The Central Board of Direct Taxes (CBDT) has notified revised Income Tax Return (ITR) forms for the Assessment Year 2025–26. Notable changes include new disclosure requirements for virtual digital assets, enhanced foreign asset reporting, and a streamlined capital gains schedule. These forms will apply from April 1, 2025, and taxpayers are advised to consult professionals before filing, especially if dealing with multiple income heads or foreign holdings.
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