Thursday, April 4, 2019

CBDT notifies ITR forms for AY 2019-20; ITR-4 can be filed by resident person only

The Central Board of Direct Taxes (CBDT) has notified the new Income-tax return (ITR) forms for Assessment Year 2019-20. Various changes have been incorporated in the new forms. Now a person being director in any company cannot file his return in ITR-1. Further, NR person opted for presumptive taxation scheme cannot file return in ITR-4.

from taxmann.com News https://ift.tt/2YNvI7k
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