Monday, January 6, 2020

Key Changes in New ITR Forms 1 & 4 for Assessment Year 2020-21

In an unexpected move, the Govt. has notified the new ITR-forms well in advance. A comparison of new forms with the earlier forms revealed that more than 10 changes have been made in the list of information sought by the new ITR forms. This write-up includes all changes made in Rule 12 and new ITR-1 and ITR-4 applicable for Assessment Year 2020-21.

from taxmann.com News https://ift.tt/2ZSxjK3

No comments:

Post a Comment

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...