Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Income-Tax Rules Amended: New Filing Requirements for Directors, Unlisted Shares, and Overseas Assets Effective April 2019.</h1> The Income-tax (Second Amendment) Rules, 2019, effective from April 1, 2019, amend the Income-tax Rules, 1962. Key changes include updates to rule 12 regarding the filing of tax returns, with new clauses for individuals claiming certain deductions, directors in companies, and those holding unlisted equity shares. Amendments also address residents with assets or income outside India, those with significant income, multiple properties, or losses to carry forward. Additionally, the rules update the forms for tax returns, including Form Sahaj (ITR-1) and Form Sugam (ITR-4), among others.