All changes in new ITR Forms AY 2019-20 with snapshots

Last updated: 31 August 2019

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The all new Income Tax Return Forms for AY 2019-20 have been released. The ITR forms ITR-1 and ITR-4 have also been made available for e-filing.

The forms introduced this year seek more details about the income as compared to previous years.

Here's a list of all the changes that have been introduced in ITR Forms for 2019-20.

ITR-1
Also called - Sahaj

Applicable for:

Individuals having total income of up to Rs 50 lakh
Having income from salaries
One house property
Other sources (like interest), and
Agricultural income up to Rs 5,000.

Changes in the new form

Cannot be used for an individual who is director of company, has investment in unlisted equity shares

Details about the allowances exempt u/s 10

Details about Income from other sources

Pensioners added in the Nature of employment

ITR- 2

Applicable for:
Individuals and HUFs not having income from profits and gains of business or profession.

Changes in the new form:

Comprehensive details about Residential status.

More details about Directorship

Schedule E1: Details of exempt of income

Persons who are claiming Exemption of Agriculture Income and there Agriculture Income Exceeds Rs. 5,00,000 now will have to give additional disclosure

ITR-3

Applicable for:
Individuals and HUFs having income from profits and gains of business or profession.

Changes in the form:

Details about the partnership firm

Can be used to declare the income calculated under presumptive scheme

Introduction of GST Schedule which was earlier limited ITR 4 only

Comprehensive details about Residential status.

More details about Directorship

ITR-4
Also called- Sugam

Applicable for:
Individuals, HUFs and firms (other than LLP) having a total income of up to Rs 50 lakh and having presumptive income from business and profession.

Change in the new form:

Not applicable for individual who is either a director in a company or has invested in unlisted equity shares