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Government notifies simplified ITR forms; e-filing to start tommorow

Government notifies simplified ITR forms; e-filing to start tommorow

Friday, March 31, 2017, 4:17 PM

Income Tax Return form for individuals which will be available for filing ITR for Assessment Year 2017-18 from tomorrow. Currently, SAHAJ (ITR 1) is filed by salaried employees and ITR 2 by individuals and HUFs whose income does not include income from the business. Only 6 crores out of 29 crore persons holding permanent account number (PAN) file income tax returns at present.
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