New Income Tax Forms 2026: Form 121 replaces 15G, 15H; full list, key changes explained

From April 1, 2026, India’s income tax system gets a major reset with new forms under the Income-tax Rules, 2026. Form 121 ...

Income tax rules 2026: Form 121 simplifies TDS process for senior citizens

Until now, senior citizens relied on Form 15H to declare that their income was below the taxable limit and to prevent TDS on ...

Income-tax Rules 2026: What has changed in key tax forms

The Income Tax Department has introduced major changes to income-tax form numbering under the Income Tax Rules, 2026, ...
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Income Tax Department releases five ITR forms for taxpayers

The Income Tax Department has released five different Income Tax Return (ITR) forms for the current filing season. The forms released include ITR-1, ITR-2, ITR-3, ITR-4, and ITR-5, each designed for ...
Tax Guru

Income Tax Form 188: Application for Approval of Superannuation or Gratuity Fund

Form 188 standardises approval process for gratuity and superannuation funds under Schedule XI. Filed by trustees with ...
Investopedia

Form 990: Return of Organization Exempt from Income Tax Overview

Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She has been in the accounting, audit, and tax profession for more than 13 years, working with individuals and a ...
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Income tax update: Form 121 replaces Form 15G and 15H – details on TDS exemption rules ...

Government introduces Form 121, replacing Forms 15G and 15H to simplify TDS exemption claims. Here’s who can file, required ...