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News INCOME TAX

  • May 23, 2015
  • Simplified Income Tax Return Forms to be Notified by Next Week

    The Finance Ministry will come out with simplified Income Tax Return (ITR) forms by the next week, replacing the controversial ones that have been put on hold."We will notify the new simplified ITR forms in a week," a top government official said.The ITR forms were put on hold by the Ministry last month after the industry, assessees and Members of Parliament voiced their reservations because of the cumbersome disclosure requirements.

    Source - http://profit.ndtv.com