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Get the free New ITR Forms for FY2017-18 - AY2018-19Which ITR Form ...

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Which IT Form to use for Assessment year 201920 CBT has already released new IT Forms. One can file the IT now. While, Individuals are due to file their IT buy 31st July. Corporate entities are to
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How to fill out new itr forms for

01
To fill out the new ITR forms, follow these steps:
02
Obtain the latest ITR forms from the income tax department's official website.
03
Read the instructions and guidelines provided with the forms carefully to understand the requirements.
04
Gather all the necessary documents and information related to your income, deductions, and tax liability.
05
Start with the basic details section and fill in your personal information such as name, PAN, address, etc.
06
Proceed to the income details section and enter the details of your income from various sources like salary, business, capital gains, etc.
07
Provide accurate information about deductions and exemptions you are eligible for in the specified section.
08
Recheck all the entered details and verify their accuracy.
09
Calculate your total income, deductions, and taxable income as per the given formulas.
10
Fill in the tax computation sheet, if applicable.
11
Finally, sign the form, attach necessary documents, and submit it as per the instructions provided.

Who needs new itr forms for?

01
Any individual or entity who is liable to file an income tax return as per the Income Tax Act, 1961 needs to fill out the new ITR forms.
02
This includes individuals and Hindu Undivided Families (HUFs) with a specified income threshold, companies, firms, trusts, and other entities.
03
It is always recommended to consult a tax professional or refer to the income tax department's guidelines to determine if you need to file a return using the new ITR forms.
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New ITR forms are for filing income tax returns with the updated requirements and guidelines.
Individuals and entities who earn income and are eligible to file income tax returns must use the new ITR forms.
New ITR forms can be filled out online or offline by providing accurate information about income, deductions, and taxes paid.
The purpose of new ITR forms is to report income, claim deductions, and calculate tax liability for a particular financial year.
Information such as income from various sources, deductions claimed, taxes paid, and other relevant financial details must be reported on new ITR forms.
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