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Here are the rolled back provisions released by the CBDT:
The Central Board of Direct Taxes (CBDT) has notified the ITR forms – ITR-1 and ITR-4 for the assessment year (AY) 2020-21. These forms were notified on the 3rd of January 2020. This time the board has been very prompt in releasing the forms. It will help the taxpayers to be ready with all the requisite information and file their income tax returns with ease for FY 2019-20. Here, in this article, we will discuss changes to ITR forms relevant for FY 2019-20 (AY 2020-21):
Latest Update
As part of COVID-19 relief measures, the due date to file ITR for individual taxpayers for AY 2020-21 stands extended to 10th January 2021. The ITR forms notified for AY 2020-21 consist of schedule DI to claim deductions for investments during the extended period from 1 April 2020 until 31 July 2020. CBDT grants relaxation in eligibility conditions for filing of ITR-1 and ITR-4 for Assessment Year 2020-21.