New ITR rules for 2026 state that filing Income Tax Returns may be mandatory even if annual income is below 4 lakhs under certain conditions like high electricity bills, foreign travel expenses, or large bank deposits. Filing ITR is also necessary for claiming TDS refunds and serves as a reliable document for home or car loans and visa applications. Regular filing helps avoid future legal and financial complications even if there is no tax liability. https://punjabi.abplive.com/business/itr-2026-you-may-have-to-file-itr-even-if-your-income-is-less-than-rs-4-lakh-know-the-new-rules-874931 #Creator program