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Central Board of Direct Taxes Notifies Changes in Income Tax Return Forms - (06 Jan 2020)

DIRECT TAXATION

Central Board of Direct Taxes has notified changes in Income Tax Returns Forms whereby individual taxpayers owning house property in joint ownership and those who have paid Rs 1 lakh in electricity bills in a year or incurred Rs 2 lakh expense on foreign travel cannot file their annual income return using the simple ITR-1 form or ITR-4 form.

Tags : CENTRAL BOARD OF DIRECT TAXES   INCOME TAX RETURN FORMS  

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