ITR Form-V and Acknowledgement forms notified for AY 2025-26: The notification amend the Income Tax Rules. Form ITR-V and Form ITR-Acknowledgement have been replaced with new forms in Appendix-II of the existing rules. The updated Form ITR-V is meant for taxpayers who have filed their income tax returns (ITR-1 to ITR-5 and ITR-7) but have not verified them electronically. Verification can be done electronically using Aadhaar OTP, Net Banking, EVC from a validated bank/demat account, or by sending a signed physical copy to the Centralized Processing Centre in Bengaluru via speed post. The revised Form ITR-Acknowledgement applies to returns that have been filed and verified. It records transmission and verification details, including IP address and verification mode. (Income Tax Notification 45/2025 Dated 07/05/2025)