Day: January 13, 2020

New ITR-1 form: Know the eligibility norms

The Central Board of Direct Taxes (CBDT) recently notified two Income Tax Return Forms, SAHAJ (ITR-1) and SUGAM (ITR-4), for certain individuals for assessment year 2020-21. The CBDT has notified these forms even before beginning of relevant assessment year, which will give sufficient time to taxpayers to gather necessary information. […]