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Income Tax · Advisory · 25 Oct 2026
Return / Forms applicable to me
Income Tax e-filing portal has issued an advisory. The advisory concerns return / Forms applicable to me. Also, for the purpose of withdrawal of such option i.e. re-entering into new tax regime shall also be done by way of furnishing Form No.10-IEA.
- Issued by
- Income Tax e-filing portal
- Type
- Advisory
- Date
- 25 Oct 2026
Who is affected: Taxpayers claiming refunds, TDS deductors, senior citizens (taxpayers (individuals, firms, companies and trusts))
What you should do: Check whether the exemption applies to your transactions and keep the supporting documents on record.
Key points
- For complete details and guidelines please refer to the Income Tax Act, 1961 Forms, Rules and Notifications.
- A Super Senior Citizen is an individual resident who is 80 years or above, at any time during the previous year." ITR-1 (SAHAJ) – Applicable only for Individual This return is applicable for a Resident (other than Not Ordinarily Resident) Individual having Total Income from any of the following sources up to ₹ 50 lakh.
- (i) is a person in whose case payment or deduction of tax has been deferred on ESOP (j) has total income exceeding Rs. 50 lakhs.
- ITR-2 - Applicable for Individual (Not eligible for ITR 1) and HUF This return is applicable for Individual and Hindu Undivided Family (HUF).
This summary is prepared by our team from the official document for general information. Please refer to the original for the exact legal text.
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