Income Tax Returns, usually called at ITR is an income form in which the taxpayers submit details about his income earned along with the tax applicable during each financial year to the Income Tax Department. To do so, the department has notified 7 ITR forms i.e. ITR-1, ITR-2, ITR-3, ITR-4, ITR 5, ITR-6 and ITR-7 till date.
Recently, on 3rd January, 2020 the legislature has made a few amendments in Forms ITR-1 and ITR-4, which are as follows: