The Central Board of Direct Taxes (CBDT) on March 30, 2026, notified the Income-tax (Fifth Amendment) Rules, 2026, further to amend the Income Tax Rules, 1962.
The following has been stated: -
•Revised ITR-5 form under the Income-tax Rules, 1962, applies from March 31, 2026, for AY 2026–27.
•Applicable to entities other than individuals, HUFs, companies, and ITR-7 filers (e.g., firms, LLPs, AOP/BOI).
•Updates include detailed fields for general information, addresses, filing status, and communication details.
•Introduces expanded disclosures on tax regime selection (old vs new), Form 10IEA/10-IF, and compliance with notices/sections.
They shall come into force with effect from March 31, 2026, and shall apply in respect of returns filed for Assessment Year 2026-27.
The detailed notification is given in the document below.
[Notification No.: G.S.R. 229(E)]
