IT-Return: CBDT issues Income Tax Return forms 1 to 7 for FY 2019-20. Details here
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ITR for AY 2020-21: The Central Board of Direct Taxes (CBDT) has today notified Income Tax Return forms 1 to 7 for the Financial Year 2019-20 (Assessment Year 2020-21). The new notification announces rule changes in the Income Tax Rules 2020. Taxpayers including individuals, Hindu undivided family, professionals and businesses, will now be able to avail benefits of savings or investments made from April 1 to June 30, following the ITR filing extension provided by the finance ministry owing to COVID 19 pandemic.
ITR for AY 2020-21: The Central Board of Direct Taxes (CBDT) has today notified Income Tax Return forms 1 to 7 for the Financial Year 2019-20 (Assessment Year 2020-21). The new notification announces rule changes in the Income Tax Rules 2020. Taxpayers including individuals, Hindu undivided family, professionals and businesses, will now be able to avail benefits of savings or investments made from April 1 to June 30, following the ITR filing extension provided by the finance ministry owing to COVID 19 pandemic.
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