Saturday, April 7, 2018

CBDT notifies new IT return forms

Individuals and HUFs with income under the head business or profession must file ITR Form-3 or ITR Form-4 (in presumptive income cases). “As compared to earlier years, tax payers will have to provide more details in the tax forms,” Amarpal Chadha, tax partner and India mobility leader, EY, wrote in a ...

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