Tax-Payers are Advised Not to Use Old Return Forms
April, 04th 2007
Press Release dated 30 March 2007 - Tax payers advised not to use old return forms
Topic
Filing of returns of income
Sub Topic
Direction to all taxpayers
Summary
The CBDT advised all tax-payers to wait for the notification of the new return forms for the assessment year 2007-08 and not to file their returns of income in the old forms.
Tax-Payers are Advised Not to Use Old Return Forms
Central Board of Direct Taxes (CBDT) has advised all tax-payers to wait for the notification of the new return forms for the assessment year 2007-08 and not to file their returns of income in the old forms. Income-tax return forms are assessment year-specific and are, therefore, required to be notified separately for each assessment year. For the assessment year 2007-08, the return forms are under preparation.
