A Summary Of Seven Income Tax Return (ITR) Forms And Who Can Use Them

In order to ease tax compliance, the Income Tax department has introduced pre-filled Income Tax Return (ITR) forms for certain class of taxpayers. There are seven ITR forms available to file returns, out of which four are currently available in pre-filled XML format. Other ITR forms will be available in pre-filled format shortly, according to the I-T department's website - incometaxindiaefiling.gov.in. The tax department has, however...