The income tax return (ITR) forms for FY 2018-19 notified by the government are different from those used to file the previous year’s returns. Some of the changes in the forms have been done in keeping with the changes in income tax laws made in Budget 2018 for FY 2018-19 and onwards. Apart from that, there are other changes as well in the ITR forms which you should be careful about while filing your return for FY 2018-19. Few of those are as follows:

1. Online filing of ITR mandatory
In a departure from previous year, all individuals (except for super senior citizens) will be required to file their ITRs electronically. The ITR-1 for FY 2018-19 cannot be filed in paper format by the taxpayers having income below Rs 5 lakh with no refund.

2. Complete details of buyer to whom you have sold property
If you have sold a property in FY 2018-19, then while filing ITR-2, you will be required to provide complete details of the buyer to whom you have sold the property. 

3. Property wise details of rent arrears
While filing ITR-1 or ITR-2 as applicable, if there are any rent arrears that are received by you in FY 2018-19 then you have to report them property wise as received. Remember, if an individual has one house property which is let out during FY 2018-19, then the rent received is required to be reported in ITR-1.
For individuals with more than one house property, they are required to file their ITR using ITR-2 has introduced an additional row ‘Arrears/Unrealized Rent received during the year less 30%’. This row was not available in both the forms in the previous year Read more at:

4. Specifying the type of house property
While providing details of your one house property in ITR-1, you are required to specify whether the house is – ‘Self Occupied’, ‘Let-out’ or ‘Deemed Let-out.’ In the previous year’s ITR-1, there was no such option of ‘Deemed Let-out’ in ITR-1.

Credit: Economic Times