New Income Tax Return forms notified: GST ID, Salary breakup to be furnished

The new Income Tax Return (ITR) forms for the assessment year 2018-19 were notified on Thursday by the Central Board of Direct Taxes that mandated salaried class assessees to provide their salary breakup and businessmen their GST number and turnover. The policy-making body of the tax department said some fields have been "rationalised" in the latest forms and that there is no change in the manner…