1. Additional disclosure requirements for Ind AS Compliant Companies.
[Applicable for ITR 6]
2. Fees for late filing of return [Section 234F].
[Applicable for ITR 1 to 7]
3. Require more details of salary and house property income.
[Applicable for ITR 1 and 4]
4. Additional details to be furnished by taxpayers opting for presumptive scheme such as amount of secured/unsecured loans, advances, fixed assets, capital account etc.
Further, new ITR 4 seeks GSTR no. of the assessee and turnover as per GST return filed by him.
[Applicable for ITR 4]
5. Transfer of TDS Credit to Other Person.
[Applicable for ITR 2 to 7]
6. Capital Gains in case of transfer of unquoted shares.
[Applicable for ITR 2, 3, 5, 6 and 7]
7. Reporting of sum taxable as Gift.
[Applicable for ITR 2, 3, 5, 6 and 7]
8. Now Partners cannot use ITR 2.
9. Revised Depreciation Schedule i.e. the highest rate of depreciation for any block of asset is restricted to 40%
[Applicable for ITR 3, 5 and 6]
10. Details of business transactions with registered and unregistered suppliers under GST.
[Applicable for ITR 6]
11. Assessee claiming DTAA relief is required to report more details.
[Applicable for ITR 2, 3, 5 and 6]
12. Info relating to capital gains exemption to be furnished in detail.
[Applicable for ITR 2, 3, 5 and 6]
13. Disallowance of expenses in case of TDS default (for residuary income).
[Applicable for ITR 2, 3, 5, 6 and 7]
14. Taxability on remission of trading liability in case of ‘Income from other source’.
[Applicable for ITR 2, 3, 5, 6 and 7]
15. Income from transfer of Carbon Credits.
[Applicable for ITR 2, 3, 5, 6, 7]
16. Impact on profit or loss due to ICDS deviation.
[Applicable for ITR 3, 5 and 6]
17. Details of GST paid and refunded.
[Applicable for ITR 3, 5, and 6]
18. Removal of ‘Gender’ from personal information.
[Applicable for ITR 2, 3 and 4]
19. Details of foreign bank account of non-residents.
[Applicable for ITR 2, 3, 4, 5, 6 and 7]
20. Reporting of CSR appropriations.
[Applicable for ITR 6]
21. Break-up of payments/receipts in foreign currency.
[Applicable for ITR 6]
22. Ownership information in case of unlisted company.
[Applicable for ITR 6]
23. Trusts to disclose more information in ITR.
[Applicable for ITR 7]
24. Details of fresh registration upon change of objects [Section 12A].
[Applicable for ITR 7]
25. Taxability of Dividend in excess of Rs. 10 lakhs.[Section 115BBDA]
[Applicable for ITR 7]
26. No deduction for corpus donations made to other institutions [Section 11].
[Applicable for ITR 7]
27. Political Parties to confirm if cash donations are received [Section 13A].
[Applicable for ITR 7]