The Central Board of Direct Taxes (CBDT) has notified the income tax return forms 1 and 4. The notification of the ITR forms have come after a long wait. The notified ITR forms are applicable for the financial year 2024-25 and the assessment year 2025-26. This means that incomes earned between April 1, 2024, and March 31, 2025, must be reported to the government using the forms now notified. It is important to note that not all taxpayers can file their income tax returns using the notified forms. Depending upon the source and nature of income, the income tax department comes up with different forms.