Changes in New ITR for AY 2019-20 FY 2018-19 Decoded The Central Board of Direct Taxes (CBDT) has notified the Income-tax Return (ITR) Forms applicable for the Assessment Year 2019-20. These ITR Forms will be applicable for the filing of income-tax return in respect of income earned during the previous year 2018-19 (between 01-04-2018 to 31-03-2019). The new forms incorporate the changes made by the Finance Act, 2018 in the Income-tax Act, 1961. 1. Start-ups are required to report registration number allotted by DPIIT & other information. 2. Start-ups & closely held companies are required to report details of shareholding. 3. Start-ups & unlisted companies are required to report additional details regarding assets & liabilities. 4. Assessee holding unlisted equity shares at any time during the previous year is required to report details of investment in unlisted companies. 5. Section 54EE is deleted
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