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ITR forms for FY 25 26 get major overhaul for capital gains trading and foreign assets
Economy
Published on 9 May 2026
New disclosures target gains losses and trading patterns
The Income Tax Department has revised ITR forms for FY 2025-26, adding fresh disclosure requirements around capital gains, buyback-related losses, F&O and intra-day trading. The changes also include reporting of foreign assets, aiming to standardize filing across different taxpayer categories, including individuals and presumptive income earners, while simplifying the overall process.
- Revised ITR 1 2 3 and 4 for FY 2025-26
- More disclosures for LTCG reporting and trading activity
- Additional focus on F&O and intra-day transactions
- Foreign asset reporting requirements updated
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times