ITR-2 vs ITR-1 vs ITR-4: Which income tax return form should you file this year?
New Delhi, May 30 -- The Income Tax Department has started rolling out online filing and Excel utilities for ITR-1, ITR-2 and ITR-4 for AY 2026-27 in a phased manner on the e-filing portal.
ITR-1 and ITR-4, mainly used by small and medium taxpayers, were enabled on May 15. This was followed by the activation of ITR-2 filing on May 27.
With the utilities now live, taxpayers can start filing income tax returns for FY 2025-26. Here's are look at which income tax return form should you file this year?
(It is important to note, the IT department is yet to rollout ITR-3 applicable to individuals and Hindu Undivided Families (HUFs) that earn income from a business or profession and are required to maintain books of accounts.)
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