In case you are opting for the old tax regime, under Section 80C you can claim up to Rs 1.5 lakh of deductions every year.

It is necessary to understand the various forms of ITR as filing income tax returns (ITRs) can be a daunting task if you are not aware of the right form for your income type.

CBDT has announced several changes in the ITR forms this including that in ITR-1 (SAHAJ) and ITR-4. Here are 6 Changes ...