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7 Key Changes in New Income Tax Returns forms for FY 2022-23 / AY 2023-24: #ITRForms A thread 🧵
The tax department has notified the ITR forms for AY 2023-24 early compared to previous years. Last year, the CBDT notified the forms for AY 2022-23 on March 30.
1) Separate schedule for Crypto/VDA income
If you made any income from crypto and other virtual digital assets in FY 2022-23 then you will have to report such income in a separate schedule
Tax provisions for taxation of VDAs was introduced from FY 2022-23 hence the addition
If you made any income from crypto and other virtual digital assets in FY 2022-23 then you will have to report such income in a separate schedule
Tax provisions for taxation of VDAs was introduced from FY 2022-23 hence the addition
