The government has notified new ITR forms through a notification for return filing of the assessment year 2022-23. No major changes in the ITR forms can be seen at large. As per the Income Tax Act provisions, the last date to file ITR by the taxpayers (tax audit not applicable) for FY 2021-22 is 31st July 2022. For other taxpayers to whom audit is applicable, the return filing due date is 31st October 2022. If the taxpayer has entered into a specified domestic or international transaction, the return filing due date is 30th November 2022.
Let’s see some of the important changes incorporated in the ITR forms in line with the amendments in the Finance Act, 2022:
These are a few important changes made in the ITR forms of FY 2021-22. The taxpayers should note these ITR changes and provide necessary information while filing the income tax return.
For any clarifications/feedback on the topic, don’t hesitate to get in touch with the writer at namita.shah@cleartax.in
I’m a chartered accountant and a functional CA writer by profession. Reading and travelling in free time enhances my creativity in work. I enjoy exploring my creative side, and so I keep myself engaged in learning new skills.
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