ITR-1 Filing for AY 2026-27: 5 Important Changes Every Taxpayer Should Know Before Submitting Their Return
The Income Tax Department has introduced several updates to the ITR-1 (Sahaj) Excel utility for the Assessment Year (AY) 2026-27. While the return form remains the simplest option for eligible taxpayers, the latest version requires more detailed disclosures in several key areas. From reporting income from two house properties to providing additional information for rental income and deduction claims, taxpayers will now need to keep more documents and records ready before filing their returns. These changes are designed to improve transparency, simplify verification, and reduce errors in tax filings. If you're planning to file ITR-1 this year, here's everything you need to know. Who Is Eligible to File ITR-1? ITR-1 is meant for resident individuals whose total annual income does not exceed ₹50 lakh . It is suitable for taxpayers earning income from: Salary or pension Income from up to two house properties Income from other sources, such as savings account or fixed deposit inter...