The Central Board of Direct Taxes has notified seven forms to file income tax returns for the financial year 2019-20.
1. This year, taxpayers including individuals, Hindu undivided family, professionals and businesses, will be able to avail benefits of savings or investments made from April 1 to June 30 as well — that is the savings made in the first quarter of the new financial year.
2. The due date for filing all income tax returns has been extended further from July 31 to November 30.