New tax return forms for FY 2023-24 seek more details of tax deductions
Tue, Feb 6, 2024 1:09 AM

New tax return forms for FY 2023-24 seek more details of tax deductions

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Filing your income tax return for the financial year 2023-24 (assessment year 2024-25) is set to become more tedious due to the income tax department seeking additional details in the new ITR forms released on February 2. This is to keep false claims in check, especially for areas such as political party donations and capital gains exemptions.

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