ITR filing: 6 key changes in ITR-1 you need to know
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- By Taxmann
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- Last Updated on 28 October, 2020
Latest from Taxmann
January 6, 2020
Naveen Wadhwa, Deputy General Manager at Taxmann.com, said:
“It is a possibility that passport details are asked to check if you have travelled to a foreign country in FY 2019-20 or the income declared by you matches with your ability to incur the expenses of foreign travel on yourself or any other person.”
Last year in July 2019 Budget, it was announced that those who have incurred expenses of Rs 2 lakh or more for foreign travel either on himself or any other person, will have to mandatorily file ITR.
Read full article here: 6 key changes in ITR-1 you need to know
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