ITR-1 For AY 2020-21 Notified: Key Changes
CBDT has notified the ITR-Forms for AY 2020-21 relevant to FY 2019-20 vide notification 31/2020 on 29th May 2020. Earlier the due dates for filing income tax returns for AY 2020-21 had been extended to 30th November 2020 for all taxpayers by the Finance Minister as a part of relief measures provided on account of COVID-19 pandemic. In this article, we are going to discuss solely the changes that have been made to ITR-1 return filing notified for AY 2020-21. To understand what was contained in ITR-1 for AY 2020-21 prior to this notification, you may click here. Let us discuss the changes that can be found in the current version of ITR-1.Eligibility criteria for ITR-1 modified by amending Rule 12
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