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Key Changes in New ITR Forms 1 & 4 for Assessment Year 2020-21

January 6, 2020
In an unexpected move, the Govt. has notified the new ITR-forms well in advance. A comparison of new forms with the earlier forms revealed that more than 10 changes have been made in the list of information sought by the new ITR forms. This write-up includes all changes made in Rule 12 and new ITR-1 and ITR-4 applicable for Assessment Year 2020-21.
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