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Around six crore income tax returns have been filed on the new e-filing portal in eight months since its launch on June 7, 2021

Income tax return forms from next year will have a separate column for making disclosures on gains made from cryptocurrencies and paying taxes

With the December 31 deadline for filing the Income Tax Return nearing, scores of taxpayers complained of technical problems with the ITR portal.

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 ...

Central Board of Direct Taxes Chairman P.C. Mody. File   The Income Tax department has notified forms for filing I-T returns for 2020-21 fiscal, the Central Board of Direct Taxes said on Thursday. "Keeping in view the ongoing crisis due to COVID pandemic and to facilitate the taxpayers, no significant change has been made to the ITR Forms in comparison to the last year's ITR Forms. "Only the bare minimum changes necessitated due to amendments in the Income-tax Act, 1961 have been made," the Central Board of Direct Taxes (CBDT) said in a statement. ITR Form 1 (Sahaj) and ITR Form 4 (Sugam) ...