Amendments in the Income Tax Return AY 2015-16

Central Board of Direct Taxes (CBDT) Notification dated 15.04.2015 ,

CBDT mandates e-filing for Individual & HUF's claiming Tax Refunds and for ordinarily residents earning overseas income and Income Tax Returns Forms for Individual & HUF for A.Y 2015-16 notified.

Download Complete Notification and Form

The amendments in New Income Tax Returns Forms are as under:

S.No.	Form No.	S.No	New Amendments in Form for A.Y 2015-16
I	ITR - 1 (SAHAJ)	1	Explanation 27 & 28
			Whether the assessee is having Aadhar Number, If yes then quote aadhar number
		2	Schedule BA
			Mandatorily to be filed, details of all Bank accounts held in India (including in joint names) at any time during the previous year together with Closing Balance. In case the account is closed during the year in the column for account balance mention 'closed'
		3	Residents having income from any source outside India cannot use this Return Form.
		4	Explanation A22
			Option provided to file Return U/s 119(2)(b) (Application to be made seperately before the CBDT (Return shall be treated as valid after the application has been admitted by CBDT)

II	ITR-2	1	Column No. 6 of Schedule CG-A (STCG)
			The new Return Form require the assessee to fill details in respect of unutilized capital gain on asset transferred during the current and earlier previous years which was deposited in Capital Gains Account Scheme within due date for that year along with details of amount utilized.
		2	Column No. 7 of Schedule CG-A (STCG)
			Non-Residents  are required to fill the details of STCG included in its Short Term Capital Gain shown in Income Tax Return but not chargeable to tax in India as per DTAA and also to mention the Country Name, Article of DTAA, and also require to mention Whether he has obtained Tax Residency Certificate or not.
		3	Column No. 8 of Schedule CG-B (LTCG)
			The new Return Form require the assessee to fill details in respect of unutilized capital gain on asset transferred during the current and earlier previous years which was deposited in Capital Gains Account Scheme within due date for that year along with details of amount utilized.
		4	Column No. 9 of Schedule CG-A (LTCG)
			Non-Residents  are required to fill the details of LTCG included in its Long Term Capital Gain shown in Income Tax Return but not chargeable to tax in India as per DTAA and also to mention the Country Name, Article of DTAA, and also require to mention Whether he has obtained Tax Residency Certificate or not.
		5	Schedule BA
			Mandatorily to be filed, details of all Bank accounts held in India (including in joint names) at any time during the previous year together with Closing Balance. In case the account is closed during the year in the column for account balance mention 'closed'
		6	Schedule FA - Point G
			Details of any other income derived from any source outside India along with details of Country Name, Name and Address of the person from whom Income derived, Nature of Income, Whether taxable in the hands of assessee, if yes details where disclosed in Income Tax Return.
		7	Schedule FT
			Details of any Foreign Travel and expenses incurred during the previous year along with Countries Visited and number of times it was visited during the previous year. Further also mention the expenses incurred from own source of income in such trip i.e. other than expenses incurred by the employer or any other person being a sponsor.
		8	Filing Status, Return filed
			Option provided to file Return U/s 119(2)(b) (Application to be made seperately before the CBDT (Return shall be treated as valid after the application has been admitted by CBDT)

III	ITR-4S SUGAM	1	Explanation 26 & 27
			Whether the assessee is having Aadhar Number, If yes then quote aadhar number
		2	Schedule BA
			Mandatorily to be filed, details of all Bank accounts held in India (including in joint names) at any time during the previous year together with Closing Balance. In case the account is closed during the year in the column for account balance mention 'closed'
		3	Residents having income from any source outside India cannot use the Return Form
		4	Explanation A22
			Option provided to file Return U/s 119(2)(b) (Application to be made seperately before the CBDT (Return shall be treated as valid after the application has been admitted by CBDT)