Old vs New Income Tax Act: Which rules will apply for ITR filing in 2026?
As India prepares to transition to a new direct tax framework, many taxpayers are understandably confused about which law will apply when they file their Income Tax Return (ITR) this year. With the proposed Income-tax Act, 2025 set to come into force from April 1, 2026, the key question is: will your next ITR be filed under the old law or the new one?
