Fact-check notes
Last fact-checked: 2026-05-26
Transition rule: AY 2026-27 covers FY 2025-26 and continues under the Income-tax Act, 1961. The Income-tax Act 2025 Tax Year terminology applies for income earned from 1 April 2026 onward.
This page is written from official portal guidance and the supplied Batch 11 brief. Any future-dated form, rule or portal workflow should be verified in the active utility before filing or advising a client.
What this covers
Official transition FAQs state that Tax Year replaces the old Previous Year concept from income earned during FY 2026-27 onward. AY 2026-27 returns for FY 2025-26 still use the 1961 Act.
- Previous Year 2025-26 maps to AY 2026-27 under the old system.
- Tax Year 2026-27 means income earned from 1 April 2026 to 31 March 2027.
- Filing still happens after the income year ends.
Who this is for
- Taxpayer confused by portal labels.
- CA explaining new Act migration.
- Employer preparing payroll communication.
- Business mapping TDS certificates.
Documents and data to verify
- Income year.
- Assessment year.
- Return utility selected.
- Notice or form date.
Common mistakes to avoid
- Calling AY 2026-27 a new Act return.
- Using Tax Year 2026-27 for FY 2025-26 income.
- Ignoring old Act for appeals/reassessment of earlier years.
- Mixing old and new section numbers in one filing.
How to proceed
- Confirm the applicable year, taxpayer type, state, registration status and portal form before acting.
- Reconcile the official portal data with books, bank statements, certificates, invoices and notices.
- Prepare a written computation, filing note, document checklist or response with assumptions clearly stated.
- Download acknowledgements, challans, workings and evidence after filing or submission.
FAQs
Can WorkIndex help with this?
Yes. Post the facts and documents; relevant experts can quote for filing, advisory, reconciliation, registration, appeal support or ongoing compliance.
Is the page a substitute for professional advice?
No. Use it to prepare. A professional should check the current portal utility, official source and records before filing or taking a tax position.
What should I mention while posting?
Mention the year, state, form, deadline, amount involved, documents available, portal status and whether you need filing, correction, opinion or representation.