ITR-5 revised for assessment year 2026-27 with expanded disclosure, audit, capital gains and foreign asset reporting fields. The Income-tax (Fifth Amendment) Rules, 2026 substitute Form ITR-5 in Appendix-II of the Income-tax Rules, 1962. The amended form applies to returns filed for Assessment Year 2026-27 and takes effect from 31 March 2026. The revised ITR-5 contains extensive fields covering general information, filing status, audit details, balance sheet and profit and loss disclosures, presumptive income, capital gains, other sources, set-off and carry-forward of losses, deductions, foreign assets, GST turnover, tax payments, refund particulars and verification.