New ITR forms: What’s new in ITR-1 and ITR-4 for AY 2024-25? Furnish details of all bank accounts, disclose cash receipts

CBDT has released the new ITR forms - ITR-1 and ITR-4 - for FY 2023-24 early this year. These forms are applicable for filing income tax return for AY 2024-25 with the last date of July 31, 2024, unless extended.