12 New Changes in New Tax Forms for Assessment Year 2014-15

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Every year tax forms (popularly known as ITR ) are issued afresh valid for a particular assessment year . CBDT has notified income tax forms for asst. year 2014-15 also . A perusal of the ITRs , it is observed that a significant number of changes or additional fields have been inserted in the notified tax return –ITR-1 , ITR-2, ITR-3 , ITR-4 , ITR 5 , ITR6, & ITR-7. A video has been created to highlight twelve such changes which are important. However , readers should note that there are many other changes also.

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