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CBDT notifies income tax returns forms for 2019-20: Find all the details

The dept has revised the I-T return forms for the financial year 2019-20 to allow assessees to avail benefits of various timeline extension granted by the government following the Covid-19 outbreak

income tax
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The government has extended various timelines under the Income Tax Act, 1961, through the Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance, 2020.

BS Web TeamAgencies New Delhi
The government has notified forms for filing tax returns for income earned in 2019-20 and made it mandatory for people to file ITR in case their deposits in a current account exceed Rs 1 crore or electricity bill in the fiscal is Rs 1 lakh or more.

The Central Board of Direct Taxes (CBDT) on May 30 notified Sahaj (ITR-1), Form ITR-2, Form ITR-3, Form Sugam (ITR-4), Form ITR-5, Form ITR-6, Form ITR-7 and Form ITR-V for the assessment year 2020-21 (income earned between April 1, 2019 to March 31, 2020).

The new ITR forms require taxpayers to furnish details of specified

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First Published: May 31 2020 | 2:49 PM IST

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