Important changes in these returns are as under: -
1. Schedule of Assets & Liabilites introduced in ITR-1 & ITR-4S, where income exceeds Rs. 50 Lacs.
2. Deduction w.r.t. 80CCD(1B) regarding Contribution to NPS.
3. Schedule TCS added.
4. Partnership Firms having presumptive business income may file ITR-4S.
2. Deduction w.r.t. 80CCD(1B) regarding Contribution to NPS.
3. Schedule TCS added.
4. Partnership Firms having presumptive business income may file ITR-4S.
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