 "New ITR forms seek more disclosures: Know about all important changes")
The government has notified new Income-Tax Return (ITR) forms for 2018-19. These forms require some additional disclosures from assessees. Archit Gupta helps understand these changes in this article.
The income tax department, this time, has been very prompt in releasing the ITR forms for income tax return filing for the Financial Year (FY) 2017-18 in just about five days from the beginning of the new FY. Even though only the PDF version has been issued, very soon we can expect the excel utility/ schema/ instructions for respective forms so that e-filing can begin.
Here are some of the significant changes
