Fact-check notes
Last fact-checked: 2026-06-04
AY 2026-27 return filing for FY 2025-26 is governed by the Income-tax Act, 1961. The Income-tax Act, 2025 applies from Tax Year 2026-27 onward, so new-section references must be checked against the live portal before filing.
This page is preparation guidance for scoping work on WorkIndex. Ask the expert to verify active law, portal forms, notifications and your documents before filing or signing anything.
What this covers
ITR for Insurance Agents should be scoped by income type, assessment year, deductions, AIS/Form 26AS data and whether business/professional schedules apply.
- Commission, renewal income, TDS and deductions need specific schedule and document review.
- AY 2026-27 for FY 2025-26 should be filed under Income-tax Act, 1961 forms.
- AIS/Form 26AS, bank interest, TDS and capital gains should be reconciled before filing.
- Select ITR form based on actual income heads, not profession label alone.
Who this is for
- Taxpayer preparing annual ITR.
- Person with salary plus additional income.
- Retired or professional taxpayer with mixed income.
- Taxpayer checking refund or notice risk.
Documents and details to prepare
- PAN, Aadhaar and bank details.
- Form 16, AIS/Form 26AS and interest certificates.
- Capital gains, rent, pension or professional income records.
- Deduction proofs and prior return.
Common mistakes to avoid
- Wrong ITR form.
- Missing interest or capital gains.
- Claiming deductions without proof.
- Ignoring special-rate income and rebate limits.
How to brief the expert
- Mention the city, entity type, transaction value, deadline and current portal status.
- Upload or list the records available so the expert can quote accurately.
- Ask for scope, deliverables, timeline, assumptions and government fee exclusions in writing.
- Keep acknowledgements, challans, filings, certificates and advice notes after completion.
FAQs
Can WorkIndex help with this?
Yes. Post your requirement and compare relevant experts by scope, quote, timeline and supporting documents needed.
Is this page legal or tax advice?
No. It is a preparation guide. Your expert should verify current law, portal forms, notifications and your documents before filing or signing.
What should I include in my post?
Include the city, year or period, entity type, deadline, notices if any, documents available and whether you need filing, review, drafting or ongoing support.