The CBDT has notified the Income-tax Return (ITR) Forms ('New ITR Forms') for the Assessment Year 2024-25.

The applicability of ITR forms to different taxpayers remains unchanged in the new versions. Nevertheless, the new forms require additional details from taxpayers. Further, many changes in the ITR forms are consequential to the amendments made by the Finance Act 2023.

This article thoroughly analyses new ITR Forms and highlights all key changes and new requirements in current ITR forms viz-a-viz last year's ITR Forms.