With the implementation of the new income tax framework from April 1, 2026, several important changes have been introduced in India’s tax system. One of the biggest updates for taxpayers is the renaming and restructuring of key income tax forms, making it essential to understand the new format before filing your Income Tax Return (ITR).

These changes aim to simplify compliance and align the system with the updated provisions under the new tax law. However, for many taxpayers—especially salaried individuals—the transition may initially cause confusion.

Here’s a complete guide to the newly introduced income tax forms and what you need to know before filing your return.

Major Change in Salary-Related Forms

The most significant update affects salaried taxpayers.

• The widely used Form 16, which provides salary and TDS details, has now been replaced with Form 130


• This new form will serve the same purpose but under a revised structure

Another major change is:

• Form 26AS, which earlier showed tax credit details, is now replaced by Form 168

The new system aims to offer a more comprehensive and streamlined view of all tax-related information in one place.

Changes in TDS and Income Forms

Several forms related to Tax Deducted at Source (TDS) have also been renamed:

• Form 16A → Form 131


• Form 10E (arrears relief) → Form 39

These changes are primarily structural, but taxpayers must ensure they refer to the correct form numbers while filing returns.

Updates in Declaration and Foreign Remittance Forms

Forms used for declarations and foreign transactions have also been revised:

• Form 15G / 15H → Form 121 (used to avoid TDS in certain cases)


• Form 15CA → Form 145


• Form 15CB → Form 146

These updates will impact individuals and businesses involved in international remittances and TDS declarations.

New Forms for TDS Return Filing

The government has also introduced new numbering for TDS return forms:

• Form 24Q → Form 138


• Form 26Q → Form 140


• Form 27Q → Form 144

Tax deductors must be particularly careful while filing returns using these updated forms to avoid errors or penalties.

Key Change in Deduction Section

One of the most commonly used tax-saving provisions has also been renamed:

• Section 80C → Section 123

Despite the change in numbering, the benefit remains the same:

• Taxpayers can still claim deductions up to ₹1.5 lakh under this section

This includes investments such as PPF, ELSS, life insurance premiums, and more.

Property-Related TDS Forms Updated

Forms related to property transactions have also been modified:

• Forms 26QB, 26QC, etc. → Form 141

These forms are used for TDS on property purchases and rent payments, making it important for property buyers and landlords to stay updated.

What Should Taxpayers Keep in Mind?

With so many changes introduced at once, taxpayers need to be extra cautious:

• Familiarize yourself with the new form numbers


• Double-check details while filing ITR


• Ensure correct forms are used to avoid rejection or delays

Even though the structure has changed, the underlying purpose of most forms remains similar.

Final Takeaway

The introduction of new income tax forms under the updated law marks a significant shift in India’s tax administration. While the changes aim to simplify and modernize the system, taxpayers must adapt quickly to avoid confusion during the filing process.

Before submitting your ITR for the financial year, take time to understand the revised forms and sections. Staying informed will help ensure a smooth, error-free tax filing experience.