Income tax return forms: clarifications on schedules SH, AL, PAN placeholders, form selection and exemption entries. Clarifies procedural requirements for ITR 5, ITR 6 and ITR 7 filing for AY 2019 20: how to record transferred shareholdings in Schedule SH I/SH 2 (use transfer date as 'Date of allotment' and original allottee values), use of default PAN placeholders where PAN is unavailable, exemption from Schedule SH I for section 8/25 companies via utility dropdown, preliminary dropdown in Schedule AL I/AL 2 to avoid filling asset tables, ITR 5 taxing at MMR when AOP/BOI member details are missing, correct form selection for private trusts, direct entry of exempt income for investment funds/business trusts in Part B TI, and treatment of corpus donations and other exemption claims in ITR 7 via specified Part A/Part B entries.
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Provisions expressly mentioned in the judgment/order text.
Income tax return forms: clarifications on schedules SH, AL, PAN placeholders, form selection and exemption entries.
Clarifies procedural requirements for ITR 5, ITR 6 and ITR 7 filing for AY 2019 20: how to record transferred shareholdings in Schedule SH I/SH 2 (use transfer date as "Date of allotment" and original allottee values), use of default PAN placeholders where PAN is unavailable, exemption from Schedule SH I for section 8/25 companies via utility dropdown, preliminary dropdown in Schedule AL I/AL 2 to avoid filling asset tables, ITR 5 taxing at MMR when AOP/BOI member details are missing, correct form selection for private trusts, direct entry of exempt income for investment funds/business trusts in Part B TI, and treatment of corpus donations and other exemption claims in ITR 7 via specified Part A/Part B entries.
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