Income Tax Return: the Central Board of Direct Taxes (CBDT) said assessment year 2020-21 comfortable for (ITR-1) Form, ITR-2 Form ITR-3 form, Sugam (ITR-4) form, ITR-5 Form, ITR-6, ITR-7 form and ITR-V forms are issued.
The Income Tax Department (Income Tax Department) By fiscal year 2019-2020 for Income tax return form ( Income Tax Return-ITR Form) Released are given, the Central Board of Direct Taxes (CBDT) said assessment year 2020-21 comfortable for (ITR-1) form, ITR-2 Form ITR-3 form, Sugam (ITR-4) form, ITR-5 Form, ITR-6, ITR-7 form and ITR-V forms are issued. Cover-19 crisis (Coronavirus Epidemic) of the government of filing tax returns the range given the various exemptions benefit taxpayers reach the Income Tax department by fiscal year 2019-20 income tax returns in the form is amended.
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The government returns the file to the timelines in the many concessions granted
Govt said the Income Tax Act-1961 under the returns filing timelines in many concessions are granted. In addition to government taxation and other acts (certain provisions of relief) ordinance – 2020 ranging is come. Also according to the Income Tax Section I (Life Insurance, Public Provident Fund, National Savings Certificate etc.), d (health insurance) and 80g (donations), etc under taken off for the final investment date to 30 June 2020 are given.
CBDT notifies Income Tax Return forms 1 to 7 for AY 2020-21(FY 2019-20), vide G. S. R. 338(E) dated 29th May, 2020. pic.twitter.com/xp8m20dbp5
— Income Tax India (@IncomeTaxIndia) May 31, 2020
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ClearTax is the founder and Chief Executive Officer Archit Gupta said that the new form in fiscal year 2019-20 investment to avail the discount for 2020-21 the first quarter of the investments made in the different information will need to give.
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