Big change in ITR filing, now Form 130 will not work, now Form 16, where will it be available?

Till now Form 16 was required to file Income Tax Return but this time you will not need it to file ITR. Form 16 is a certificate which an employer or company gives to its employee. It contains information about tax deducted from salary (TDS). It contains information about the employee’s earnings, TDS and exemptions available under the Income Tax Act. Now this form will be replaced by new Form 130. Many changes have been made in the rules for filing income tax returns this year.

Under the new rules, all ITR forms will be completely redesigned as per the new Income Tax Act 2025. Under these rules, Form 16 will be replaced by Form 130. From April 1, 2026, TDS certificate on salary will be issued in the name of Form 130. This is a big change for working people. Form 16 has been in use for decades but now it will be replaced by Form 130. This new form will now be bigger and more detailed than before.

What information will be there in the new form?

Form 16 was issued by the company to its employees. This form contained information about the employee’s earnings, TDS and exemptions available under the Income Tax Act. Now under the new rules, Form 130 will be used instead. There will be three parts in this. Company and employee information in the first part. The second part will contain the details of TDS deducted from salary and the third part will contain the complete calculation of taxable income. This new rule will apply not only to salaried people but also to pensioners. This form will have to be downloaded from the online portal only. It cannot be made by hand.

According to the report of Financial Express, a special change has been made in the new rules that now the reporting of different sources of income will have to be given in a systematic manner. There will be clear separate reporting of short-term and long-term capital gains. Extra details will have to be given in case of foreign assets, cross-border transactions or special cases.

Where can I get this form?

Now Form 130 will be required to file income tax return, so the question in people’s mind is where to get this form. Let us tell you that this form cannot be created manually. You will have to download it from the online TRACES portal only. This form will be issued only when your company i.e. employer has filed the quarterly TDS statement and it has been processed.

information will be available in advance

Now filing will become more system-based and automated. Most of your data will already be filled in the form. This will reduce the scope for mistakes but if there is a difference between your information and the department’s data, the system will catch it immediately. Most of the information in ITR will be pre-filled i.e. most of the information will already be there in the form. You just have to fill the necessary details in it.