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Changes in ITR Filing This Year

May 03, 2019

Changes in ITR Filing This Year

The time has begun to file income tax returns (ITR) for the financial year 2018-19. Although the last date for submission is July 31, 2019, it helps to learn the new changes in the system and submit it earlier. The following are a few changes that you need to know:

  • Now salaried individuals are asked to disclose additional details of their incomes viz. break-up of allowances
  • You have to mention Section 80 deductions separately
  • You can’t file if you held unlisted equity shared during FY19

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