CBDT Notifies New ITR Form 5 for AY 2025-26: Key Changes in Capital Gains, TDS Reporting & More
The Central Board of Direct Taxes (CBDT) has officially notified the new ITR Form 5 for the Assessment Year (AY) 2025-26, under Notification No. 42/2025 dated May 1, 2025. The Income Tax Department made the announcement via its official handle on X (formerly Twitter), highlighting several critical updates aimed at …