Disclosures in the new income tax return (ITR) forms for AY 20-21
The Central Board of Direct Taxes (CBDT) has notified two income tax return (ITR) forms for AY20-21 (FY19-20). Forms ITR-1 (Sahaj) and ITR-4 (Sugam) – the simplest of the lot – were notified recently. Usually, the Income-tax department notifies the ITR forms in the first week of April but it has been done earlier this …
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