MUMBAI: The Central Board of Direct Taxes (CBDT) has notified the Income-tax (I-T) return forms for taxpayers, for filing their returns for the financial year ended March 31, 2020 (assessment year 2020-21).
The I-T return forms (ITR-1 to
ITR-7
) incorporate the recent announcement made by the Finance Minister, to ease the burden on taxpayers owing to Covid-19. Under an earlier announcement in March, the date for making
various investments
or payments for claiming deductions under Chapter-VIA/B of the I-T Act, which includes section 80C (eg: contributions to LIC, PPF, NSC), 80D (Mediclaim), 80G (donations), had been extended to June 30, 2020.