ITR forms have more pre-filled information this year
After filing your income tax return, you need to verify it
Have you filed your income tax return for FY 2018-19 (AY 2019-20)? FY is the year in which you earn the income, while AY is the year in which you assess your income and file your return. As of now, the deadline for filing ITR for FY 2018-19 is July 31. Avoid the last-minute rush which can lead to mistakes. About 1.10 crore new filers were added during 2018-19 financial year while the income tax department is looking at a higher target for this year: 1.3 crore new filers. Not only you can file your income tax return online but also keep a track of your refunds and processing of returns online.