CHANGES W.E.F. 1ST APRIL, 2018 (ITR 7 FY 2017-18 or AY 2018-2019)
Late filing fee (Section 234F) for the delay in the filing of ITR. Political parties now need to report if they have received any cash donation in excess of Rs 2,000 in the form. New columns have been introduced in the ITR forms to report the details of GST paid and refunded Schedule PL has been modified for the taxpayers to provide GST related details. A new field has been added to report disallowance of expenses in case of TDS Trust will now be required to provide the details of fresh registration in case its stated objects have changed Disclosure of 'unexplained income' and 'dividend income' in excess of Rs 10 lakh
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