Taxcharcha
Income TaxIncome TaxLatest

ITR 1 and ITR 4 notified for the AY 2020-21

In a surprising move by the Income Tax Department, the ITR 1 and ITR 4 have been notified for the AY 2020-21. This is the first time that the CBDT has notified the Income tax return formats before the end of the relevant financial year. The forms have been notified without the respective utility.

To view and download the Income tax formats, click here Notification no. 01-2020 – ITR 1 and ITR 4 notified

Related posts

Recommendations during 54th meeting of the GST Council

Notification no. 14/2019-Central Tax – Seeks to supersede notification No. 08/2017 – Central Tax dated 27.06.2017 in order to extend the limit of threshold of aggregate turnover for availing Composition Scheme u/s 10 of the CGST Act, 2017 to Rs. 1.5 crores.

Team Taxcharcha

Mentioning of wrong section and wrong facts in the reasons recorded for reopening of the assessment u/s 148 made the reassessment liable to be quashed – ITAT Delhi

Team Taxcharcha