ITR Form Showdown: Choose Wisely or Face Tax Chaos

Finance

TonyTony

ITR Form Showdown: Choose Wisely or Face Tax Chaos

The Income Tax Department just rolled out Excel utilities for ITR-1 and ITR-4 for the 2026-27 tax year. But pick the wrong form, and you might as well be inviting a tax notice to your party—nobody wants that! If you're earning side income, know your income type; otherwise, you could end up with a defective return notice that feels like a malfunctioning suit.