Anagh Pal26 Dec 2023, 17:25
The Central Board of Direct Taxes (CBDT) has revealed the Income Tax Return (ITR) Forms 1 and 4 for Assessment Year 2024-25. These forms apply to filing income tax returns for earnings in the previous year 2023-24 (from 01-04-2023 to 31-03-2024).“The department usually notifies the ITR form before the start of the subsequent assessment year, i.e. in February or March. An early notification of ITR forms not only extends the window for filing returns but also signifies a proactive stride towards empowering taxpayers,” says Abhishek Soni, CEO, Tax2Win.in, a tax filing platform.