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India Issues FAQs on Income Tax Return Forms for Assessment Year 2019-20

|Approved Changes|India
India

India's Central Board of Direct Taxes has issued Circular No. 18 of 8 August 2019, which includes frequently asked questions (FAQs) on the completion of income tax return (ITR) forms for Assessment Year 2019-20. The FAQs mainly concern individuals, although certain questions and answers are provided for companies. These include the following:

Question.13: An unlisted company is required to furnish details of assets and liabilities in the Schedule AL-1 of ITR-6? Please clarify whether detai…

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