In order to correctly declare your income to the Government by filing your Income Tax Returns (ITR), it is necessary to file the same using the correct Form applicable to you.

The ITR applicable to you would depend upon your residential status, the nature of income earned and threshold limit, and also whether you are a director or shareholder in any Company, etc.

Seven forms; ITR-1 to ITR-7, have been prescribed for different types of taxpayers.

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The Institute of Chartered Accountants of India (ICAI) has now enabled the provision for generating Unique Document Identification Number (UDIN) in bulk for Certificates in UDIN Portal.
 
“Using this facility now the members of ICAI will be able to generate UDIN in bulk (uptill 300 UDINs) for various types of Certificates in one go. It can be done through uploading of excel file.”, ICAI made this announcement on 17th June, 2020.

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