The Central Board of Direct Taxes (CBDT) kickstarted the annual income tax return filing ritual recently. The new income tax return (ITR) forms for the assessment year 2019-20 come with a set of changes—essentially more detailed disclosures— taxpayers have to contend with. “The idea is to check evasion and eliminate loopholes,” says Alok Agarwal, Partner, Deloitte India. While the last date for filing returns is 31 July, the changes and penal clauses for late filing mean one should start the process as soon as possible.