Amendments in last two Budgets for Income tax return
Amendments made in the budgets are made every year and the people always try to find the information/changes regarding them. A list of compilation is made of 20 major amendments in last two budgets for income tax return for the PY 2017-18 and 2018-19. PY is the period in which we earn or we are liable to pay tax. So it consists of the details needed for filing the income tax return for the year 2017-18 which will be filed in the current year 2018-19. And also consist the amendments regarding the next year’s income tax return. This compilation is made by the CA Harshil Seth for making income tax return filing easy.
Following are the changes required for the income tax return of PY 2017-18:
Following are the changes/amendments for the current year(PY 2018-19) and Income tax return for next year (AY 2019-2020):