CBDT notified more Tax Return forms

Close on the heels of notifying Saral-II (for salaried taxpayers), the Finance Ministry has now come out with the format of income-tax return forms for other categories of assessees. These new income-tax return forms would be valid for financial year 2009-10 (assessment year 2010-11).

The Central Board of Direct Taxes (CBDT) has come out with ITR-2, ITR-3, ITR-4, ITR-5, ITR-6, ITR-7 and ITR-V (electronic return) for AY 2010-11. The income-tax return forms notified for AY 2010-11 are more or less similar to the income-tax return forms notified for AY 2009-10.

“The income-tax return forms notified for AY 2010-11 are similar to the earlier income-tax return forms. They do not have any material change as compared to earlier income-tax return forms (for assessment year 2009-10)”, told Mr Prashant Khatore, Tax Partner, Ernst & Young.

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