Form 121: A new combined form, now replaces Forms 15G and 15H. This simplifies the process for individuals and senior citizens to declare income below taxable limits. Eligible taxpayers can now use ...
India’s ITR filing season for FY26 (AY27) has opened with revised deadlines, updated forms, and procedural changes like the introduction of Form 121 to pre-empt TDS for eligible taxpayers. Filers must ...