As per the recent tweet of CNBC-TV18, The CBDT notified New ITR Forms 1 to 7 for A.Y 2020-21. The taxpayers will have to file returns for deductions attributable to investment/expenditure made between April 1, 2019, to June 30, 2020.
- CBDT notifies new ITR Forms 1 to 7 for AY 2020-21
- Taxpayers will have to file returns for deductions attributable to investment/expenditure made between April 1, 2019, to June 30, 2020
- Taxpayers will have to declare high-value transactions of cash deposits in the bank, foreign travel expenditure & electricity consumption
Source: https://twitter.com/CNBCTV18Live/status/1267029094497054720