New Delhi, June 13 -- The Income-Tax Department has notified all I-T return forms for the financial year 2025-26 i.e. the assessment year 2026-27. Further, the department has enabled Excel Utility for ITR-1 (Sahaj), ITR-2 and ITR-4 (Sugam) forms on its e-filing portal for FY26 / AY27.

For the current tax year, the deadline for individual taxpayers filing ITR is 31 July 2026. Further, for those using ITR forms 3 and 4, the deadline is 31 August 2026. Taxpayers who miss the July deadline can still file a delayed return by 31 December.

Today we look at the rules when it comes to choosing or changing you tax regime (old vs new tax regime), when taxpayers are filing business income using the ITR-4 Sugam form. Here are the top FAQs answered:...