ITR Schedules Explained (FY 2025-26)

Quick map: schedule and ITR form

Schedule S: Salary

This is where Form 16 numbers land: salary, allowances, perquisites, Section 16 deductions and taxable salary. It appears in ITR-1 and also in ITR-2/3 when your return has more than salary. Salaried users should also compare the final tax in the IndCalculators calculator.

Schedule HP: House Property

Use Schedule HP for self-occupied property, let-out rent, municipal taxes, standard deduction on rent and home-loan interest. ITR-1 handles only a simple one-house case; with more complexity, ITR-2 or ITR-3 is usually the safer form.

Schedule CG: Capital Gains

Schedule CG is the detailed capital-gains worksheet. Equity STCG under Section 111A, equity LTCG under Section 112A, property gains and foreign-share sales are split here. If you have capital gains, ITR-1 is out; most individuals use ITR-2, while business/profession cases use ITR-3. Read the capital gains guide.

Schedule OS: Other Sources

Bank interest, FD interest, family pension, dividend and small odd receipts usually sit in Schedule OS. Dividend is easy to miss because it also appears in AIS, so reconcile it before filing.

Schedule VI-A: Chapter VI-A deductions

This schedule covers deductions such as 80C, 80D, 80CCD, 80E and similar Chapter VI-A items. Under the new regime many personal deductions are not available, so do not blindly copy last year's old-regime values. See the deductions guide.

Schedule 80G: Donations

Donations need more than a round number. Schedule 80G asks for donee details, category, eligible percentage and sometimes receipt information. If you claim it, keep the receipt and verify the institution details.

Schedule TDS1, TDS2 and TCS: Tax credits

TDS1 generally relates to salary TDS, TDS2 to non-salary deductions, and TCS to tax collected at source. Match these prepaid credits with Form 26AS and AIS before filing.

Schedule FA: Foreign Assets

Resident and ordinarily resident taxpayers must be careful here. RSUs, ESPP shares, foreign brokerage accounts, overseas bank accounts and even tiny dividend accounts can require disclosure. Schedule FA is normally in ITR-2 and ITR-3, not ITR-1. Check the ITR form guide.

Schedule FSI and Schedule TR: Foreign income and tax relief

If foreign income is taxed abroad and again taxable in India, Schedule FSI reports the income country-wise and Schedule TR reports foreign tax relief. Foreign tax credit usually needs Form 67 within the required timeline.

Schedule AL: Assets and Liabilities

When total income crosses ₹50 lakh, Schedule AL asks for assets and liabilities at year-end. It is a disclosure schedule, not a wealth-tax calculation.

Schedule SI: Special-rate income

Schedule SI summarises special-rate items such as Section 111A STCG, Section 112A LTCG and certain other separately taxed incomes, so the utility does not mix everything with salary slabs.

Schedule CYLA and BFLA: Loss set-off

CYLA adjusts current-year losses against eligible income, while BFLA handles brought-forward losses. Capital losses, house-property loss and business losses all have rules.

Schedule AMT and AMTC

AMT and AMTC are mainly for non-corporate taxpayers with certain business or professional deductions, so a normal salaried ITR-2 filer may never touch them. ITR-3 users should understand them because AMT credit can affect future-year tax.