Central
SIX CHANGES IN FY20 ITR FORMS THAT YOU SHOULD KNOW ABOUT
Updated on:24th Nov, 2020
Income tax return forms are tweaked almost every year to ease the process and improve compliance. The new ITR forms have changes in the way tax benefit claimed under Sections 80C and 80D is mentioned. If you are thinking of filing your income tax returns (ITR) now to avoid the last-minute rush, it’s a sensible thing to do. The last date for filing ITR has been extended to 31 December 2020. But before you undertake the exercise, it would help to know the changes that the income tax department has made in the notified ITR forms for FY20. The tax department brings in a few changes in the tax forms almost every year to ease the process of tax filing and increase compliance. Here are the changes in this year’s ITR forms that you should know about.
Download
SIX CHANGE...