Schedule TPSA – Details of Tax on Secondary Adjustments as per Section 92CE(2A) AY 2026-27 ‘Schedule TPSA’ in the Income Tax Return (ITR) form pertains to details of tax on secondary adjustments under section 92CE(2A) of the Income-tax Act, 1961. This schedule is to be filled when a taxpayer has opted under section 92CE(2A) to pay tax on excess… Read More »
Schedule FSI – Details of Income from outside India and tax relief AY 2026-27 ‘Schedule FSI’ in the Income Tax Return (ITR) form is applicable to resident assessees who have earned income from outside India during the financial year. This schedule is used to report such foreign income and claim relief from double taxation under applicable provisions of the Income-tax Act… Read More »
Schedule TR – Summary of Tax Relief Claimed For Taxes Paid Outside India AY 2026-27 ‘Schedule TR’ in the Income Tax Return (ITR) form is applicable to resident assessees who have paid taxes outside India and are claiming tax relief in India under Section 90, 90A, or 91 of the Income-tax Act, 1961. This schedule provides a summary of tax relief claimed, based on the country-wise information… Read More »
Schedule FA – Details of Foreign Assets and Income from Any Source outside India AY 2026-27 ‘Schedule FA’ in the Income Tax Return (ITR) form is applicable to resident assessees who hold, own, or have a beneficial interest in foreign assets or have income from any source outside India. The schedule requires details such as… Read More »
Schedule 5A – Information Regarding Apportionment of Income between Spouses Governed by Portuguese Civil Code AY 2026-27 ‘Schedule 5A’ in the Income Tax Return (ITR) form is applicable to individuals governed by the Portuguese Civil Code, where income earned is treated as equally belonging to both spouses. This includes residents of Goa and certain Union… Read More »
Schedule GST – Information Regarding Turnover/Gross Receipt Reported for GST AY 2026-27 ‘Schedule GST’ in the Income Tax Return (ITR) form is applicable to assessees who are registered under the Goods and Services Tax (GST) and are required to report turnover or gross receipts declared in their GST returns. This schedule is intended to ensure… Read More »
Schedule: Tax Deferred on ESOP – Details of tax deferred on perquisites under section 17(2)(vi) from eligible start-ups u/s 80-IAC AY 2026-27 ‘Schedule: Tax deferred on ESOP’ in the Income Tax Return (ITR) form applies to employees of eligible start-ups (as defined under Section 80-IAC) who have opted to defer tax on perquisites arising from the allotment or transfer of specified… Read More »
Schedule 115BBI – Specified Income of Certain Institutions under Section 115BBI AY 2026-27 ‘Schedule 115BBI’ in the Income Tax Return (ITR) form is applicable to charitable or religious institutions and specified funds or trusts whose certain incomes are taxable at a special rate of 30% under Section 115BBI of the Income-tax Act, 1961. This section overrides exemptions under Section 10(23C) and Section… Read More »
Schedule 115TD – Accreted Income under section 115TD AY 2026-27 Schedule 115TD in the Income Tax Return (ITR) form is applicable to charitable or religious trusts/institutions claiming exemption under Section 11, Section 12, or Section 10(23C)(iv)/(v)/(vi)/(via), where the registration/approval has ceased to be in effect, or there is a conversion or merger in violation of specified conditions. In… Read More »
Schedule I – Details of Amounts Accumulated / Set Apart Within the meaning of section 11(2) or in terms of third proviso to section10(23C)/10(21)/10(21) read with section 35(1) AY 2026-27 Schedule I of the income tax return pertains to the reporting of income that has been accumulated or set apart by charitable or religious trusts,… Read More »