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ITR forms 2021: ITR forms for FY 2020-21 notified by the govt - Vimarsana News

ITR forms 2021: ITR forms for FY 2020-21 notified by the govt

Synopsis ITR-1 has to be filed by individuals whose total income does not exceed Rs 50 lakh in a financial year. The income sources for ITR 1 include income from salaries, one house property, other sources such as interest income etc. and agriculture income up to Rs 5,000. Getty Images The ITR-2 also asks for the DIN number if the ITR-2 is filed in the response to any tax notice from the tax department. The government has notified the income tax return filing forms for the financial year 2020-21 via a notification dated March 31, 2021. As per the notification, some of the new elements in the ...