Senior Citizens’ ITR Filing Guide AY 2026-27: How to Choose Right Form and Avoid Costly Mistakes

Senior Citizens’ ITR Filing Guide AY 2026-27: How to Choose Right Form and Avoid Costly Mistakes

Senior citizens should select their Income Tax Return (ITR) forms for the Assessment Year 2026-27, as per their nature of income instead of their ages. Senior citizens earning income from sources including a pension, house properties up to two, and a total income under the limit of 50 lakh can choose the ITR-1 form to file their tax returns. However, they cannot use the same form if they have earned capital gains beyond a certain limit, own more than two properties, or have foreign assets.

Those earning income from a business or profession must file the ITR-3 form, and the ITR-4 form is required to be furnished in presumptive taxation cases.