New ITR forms notified by CBDT for assessment year 2018-19

In case of non-residents, the requirement of furnishing details of any one foreign Bank Account has been provided for the purpose of credit of refund. Further, the requirement of furnishing details of cash deposit made during a specified period as provided in ITR Form for the Assessment Year 2017-18 has been done away with from Assessment Year 2018-19, it said.

New ITR forms notified by CBDT for assessment
The Central Board of Direct Taxes (CBDT) has notified new ITR Forms for the Assessment Year 2018-19. A one page simplified ITR Form-1(Sahaj) notified for Assessment Year 2017-18 benefited around 3 crore taxpayers. Image source: incometaxindia.gov.in

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