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Income Tax Department released Important JSON Schema of ITR-1 and ITR-4 for AY 2024-25 (FY 2023-24)

The Income Tax Department has released JSON Schema ITR 1 and ITR 4 for Assessment Year 2024-25 (Financial Year 2023-24).

ITR-1:

For individuals being a resident (other than not ordinarily resident) having total income upto Rs.50 lakh, having Income from Salaries, one house property, other sources (Interest etc.), and agricultural income upto Rs.5 thousand.

Document: Schema  zip (14 KB)

Date of first release of JSON Schema18-Mar-2024

ITR-4:

For Individuals, HUFs and Firms (other than LLP) being a resident having total income upto Rs.50 lakh and having income from business and profession which is computed under sections 44AD, 44ADA or 44AE and agricultural income upto Rs.5 thousand.

Document: Schema zip (24 KB)

Date of first release of JSON Schema18-Mar-2024

Source #Income Tax Portal

Source:https://www.a2ztaxcorp.com/income-tax-department-released-important-json-schema-of-itr-1-and-itr-4-for-ay-2024-25-fy-2023-24/