Tax dept rolls back order; allows simple forms for filing returns by joint property owners

NEW DELHI: Rolling back its week old order, the Income Tax Department on Thursday allowed joint owners of single house property to file income tax return using simple Form-1 (Sahaj) or Form-4 (Sugam).

On January 3, it had debarred individual taxpayers owning house property in joint ownership and those who paid Rs 1 lakh in electricity bills in a year or incurred Rs 2 lakh expense on foreign travel from filing their annual income return using the simple return forms.

“After the notification, concerns have been raised that the changes are likely to cause hardship in the case of individual taxpayers,” the Central Board of Direct Taxes (CBDT) said in a statement. (AGENCIES)

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