Understanding the New ITR Forms and Their Features

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 Every financial year, the Income Tax Department updates the ITR forms. The ITR filing process can be complex if you’re unaware of these changes. For instance, there are now new sections in the ITR forms to handle income from various sources like cryptocurrency trading.

This blog provides a detailed comparison of the new forms and their features:

Ease of Use: The new forms have made reporting of capital gains, deductions, and foreign income more streamlined.

Document Upload: Some forms now allow uploading supporting documents, making the process more transparent.

Stay updated with the latest changes to ensure your return is filed correctly.

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