CBDT notifies ITR-Form 6 for AY 2025-26 vide Notification No. 44/2025 dated 06.05.2025.

Key updates:

1. Schedule-Capital Gain split for gains before/ after 23.07.2024 (post changes in Finance Act, 2024)
2. Capital loss on share buyback allowed if corresponding dividend income is shown as income from other sources (post 01.10.2024)
3. Reference of sec 44BBC (cruise biz) added
4. Schedule BP changes (Rule 10TIA): Profits from sale of raw diamonds shall be 4% or more of gross receipts.
5. changes made to capture deductions claimed u/s 24(b).
6. TDS section code to be reported in Schedule-TDS

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