Common Income tax return form: Will CBDT proposal simplify taxpayers' job?

The Central Board of Direct Taxes (DBDT) has recommended a unified income tax return (ITR)

form for all taxpayers as a means of streamlining the tax filing process.

Except for Form-7, the CBDT has recommended consolidating all ITR forms. 

At present, taxpayers are required to furnish their income tax returns in ITR-1 to ITR-7 depending upon the type of person and nature of income.

It takes more time to file ITRs now because they are designated forms that taxpayers must go through in their entirety

Regardless of whether or not any given schedule applies to their situation.

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