Applicable Act/Rule: Income-tax Act, 1961
Applicable Section/Rule: Section 112A; Sections 44AD, 44ADA, 44AE
Effective Date: May 20, 2026
The Income Tax Department has released the Common Offline Utility (Version 1.0.0) for filing Income-tax Returns ITR-1 and ITR-4 for Assessment Year 2026-27. The utility is available for both Windows (34.2 MB) and MAC (66.2 MB) platforms. The date of release of both the first and latest version is May 20, 2026.
Two ITR forms are available for filing under this utility, applicable to the categories described below.
ITR-1 is for individuals being a resident (other than not ordinarily resident) having total income up to Rs. 50 lakh and having income from the following sources: Salaries; two house properties; other sources (Interest etc.); long-term capital gains under Section 112A up to Rs. 1.25 lakh; and agricultural income up to Rs. 5 thousand.
ITR-4 is for Individuals, HUFs and Firms (other than LLP) being a resident having total income up to Rs. 50 lakh and having income from business and profession computed under Sections 44AD, 44ADA or 44AE, and having long-term capital gains under Section 112A up to Rs. 1.25 lakh.
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