Compliance With New ITR form and Additional Detail Requirement

The New Income tax return has been notified Vide notification number 32/2019 regarding changes and additional information while filling  The Income Tax return for the A.Y 2019-20.  


* Taxpayer having only Income form Partnership Firm  can File ITR 2 With Partnership firm income Insteed of  ITR 3.

* ITR-1 can be filed only by an Individual only who is ordinarily resident in India. ITR-4 can be filed only by an Individual or HUF who is ordinarily resident in India and by a firm (other than LLP) resident in India.

 Now ITR-4 can be filed only by resident individuals, HUF and Firms having income upto Rs.50 Lacs. Those having income above Rs.50 Lacs will have to file ITR-3 and provide more information.

Additional Discloser Requirement while filling of return:

1. Salaried Income:

2. Agriculture income:


3. Details Regarding Director:



4. GST registered Person :

5. Long Term Capital Gain:

6. Donation:

7. Deduction:

8. Paper Return:

9. Tax Credit:


10. Detailed information of shareholders: by Unlisted Companies and Startups





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