https://www.taxtmi.com/circulars?id=67118 The draft proposes a common Income-tax Return consolidating existing returns (except ITR-7) while retaining ITR-1 and ITR-4 as optional. Core parts (basic information, computation of total income, tax computation, bank and tax payment details) apply to all taxpayers; additional schedules are conditionally shown via wizard questions so only applicable schedules appear. The form emphasises single-value rows, repeatable schedule instances, increased pre-filling, reconciliation with third-party data, user-friendly instructions, and includes annexures and sample customised ITRs; stakeholder comments are invited by the stated deadline. en-us Tue, 01 Nov 2022 00:00:00 +0530 Mon, 27 May 2024 14:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67118 The draft proposes a common Income-tax Return consolidating existing returns (except ITR-7) while retaining ITR-1 and ITR-4 as optional. Core parts (basic information, computation of total income, tax computation, bank and tax payment details) apply to all taxpayers; additional schedules are conditionally shown via wizard questions so only applicable schedules appear. The form emphasises single-value rows, repeatable schedule instances, increased pre-filling, reconciliation with third-party data, user-friendly instructions, and includes annexures and sample customised ITRs; stakeholder comments are invited by the stated deadline. Circulars Income Tax Tue, 01 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67118