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of <h1>New Income Tax Return Forms ITR-V and ITR-Acknowledgement Updated for Assessment Year 2025-26 Under Sections 139 and 295</h1> The Central Board of Direct Taxes (CBDT) issued a notification amending the Income-tax Rules, 1962, specifically updating the ITR-V and ITR-Acknowledgement Form for Assessment Year 2025-26. The amendment, effective from April 1, 2025, was made under section 139 and 295 of the Income-tax Act, with an assurance that no person would be adversely affected by the retrospective implementation.
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