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Who is required to file Income Tax Returns (ITR) for AY2019-2020?

July 29, 2019 Suresh KP

Who is required to file Income Tax Returns (ITR) for AY2019-2020? I was casually having a chat with a few of my colleagues (who are juniors) about their tax planning. While these are juniors to me, these individuals are earning handsome salary and paying income tax too. However, when the topic came about filing income tax returns, they just skipped […]

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Which ITR Form should be used for FY2018-19 (AY2019-20)?

April 7, 2019 Suresh KP

Income Tax Slabs and Rates - Financial year 2018-19 and Assessment Year 2019-2020

Which ITR Form should be used for FY2018-19 (AY2019-20)? Few days back, Central Board of Direct Taxes (CBDT) has issued notification about new ITR forms that are applicable for A.Y. 2019-20 (Financial year 2018-19). While there is no change in ITR1/Sahaj, there are some modifications done for ITR1, ITR2, ITR3, ITR4, ITR5 and ITR7. Since the ITR deadline is 31-Jul […]

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