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Income Tax Return: Know the major changes in ITR Forms before you start filing return for AY 2022-23

Income Tax Return: Know the major changes in ITR Forms before you start filing return for AY 2022-23

The process of Income Tax Return (ITR) filing for the Assessment Year (AY) 2022-23 has been initiated with timely notification of ITR Forms (from ITR-1 to ITR-6). However, only two ITR Forms – viz. ITR-1 (Sahaj) and ITR-4 (Sugam) – are now available on the Income Tax Portal for filing of the return of income.

Once the details of tax deducted at source (TDS) are fully submitted and the forms like Form 16, Form 26AS, etc are made available, other ITR Forms would also be made available for filing.

 

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