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Home  » Business » E-forms of ITRs 1 & 4S launched

E-forms of ITRs 1 & 4S launched

Source: PTI
April 04, 2016 21:41 IST
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Other ITRs will be e-enabled shortly

The Central Board of Direct Taxes (CBDT), on Monday, said it has launched e-forms for electronic filing of Income Tax Returns (ITRs) 1 and 4S for the Assessment Year 2016-17.

"In pursuance of the Notification of the Income Tax Returns (ITR) for AY 2016-17 on March 31, 2016, Central Board of Direct Taxes (CBDT) announces the release of electronic filing of ITRs 1 and 4S on its website," CBDT said in a statement.

The two are ITR 1 (SAHAJ) meant for individuals having income from salary and interest and ITR 4S (Sugam) meant for individuals, HUF, partnership firms having income from presumptive business.

Other ITRs will be e-enabled shortly, the statement added.

Last year, the e-filing commenced on July 1 as there was delay in finalisation of the ITR forms because of the controversy generated over a 14-page requiring assesses to disclose of bank account and foreign travel details.

Later, the form was simplified and the number of pages was reduced to three.

Illustration: Dominic Xavier/Rediff.com

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