Circular No. 2/2026 — ITR-1/ITR-4 notification for AY 2026-27
Date: 2026-01-01 Status: ACTIVE Category: Returns & Processing Binding on Department: Yes (Section 119 / Section 400 IT Act 2025)
Summary
First circular under the IT Act 2025. Notifies ITR-1 (Sahaj) and ITR-4 (Sugam) for AY 2026-27 with new section numbering.
Key Directions
- ITR-1 for resident individuals with salary, one house property, other sources up to Rs.50 lakhs.
- ITR-4 for presumptive income under sections 56/57/58 of IT Act 2025.
- New section references mapped throughout forms.
- E-filing mandatory through portal.
Applicability Under IT Act 2025
Saving Clause: Section 536 of IT Act 2025 saves circulars issued under the 1961 Act “so far as not inconsistent” with the new Act.
| Old Section (1961 Act) | New Section (2025 Act) | Consistent? |
|---|---|---|
| — | New Act | Needs Review |
Cross-References
Act Sections
- General application
Related Circulars
- None identified
Key Case Law (Circular Supremacy)
- To be populated — cases where this circular was cited/applied
Full Text
Full text to be added — see raw/circulars/ for PDF when available
Source
- Official: incometaxindia.gov.in/circulars