Income Tax Department has altered all of the income tax return forms for A.Y. 2020-21 which very much detailed out covering all of the necessary income as well as reporting details. Do find the below attached file for detailed outline for newly introduced Income Tax Return Forms.
After Finance Budget,2020 there has been a drastic change in the level of applicability of Tax Audit under Income Tax Act, 1961. A detailed presentation of the same has been attached here for your reference to throw some light on the vague provision which appears to be clear but invites contradictory opinions too.