Invoice upload status for GSTR-1 and bulk delete message for deleting sales and purchase invoices
June 22, 2020
The new tax regime for salary tax computation has been released.
July 2, 2020

Generate ITR-1 and ITR-4 XML and other new changes implemented for AY2020-21

With this release, ITR-1 and ITR-4 XML generation available for AY 2020-21, and some other changes for AY2020-21 incorporated in our ITR software.

  • ITR-1 and ITR-4 XML generation available for AY 2020-21
  • The following changes incorporated for AY 2020-21.
    • New Schedule DI has been added.
    • Standard Deduction limit increased to ₹50,000 for AY 2020-21.
    • Employer category ‘State government’ and ‘Central government’ has been added.
    • Changes in TDS 3 (194 IA) – a column for ‘Aadhaar Number of Tenant’ has been added.
    • The deduction U/S 80D presentation method has been changed.
    • Deduction U/S 80EEA & 80EEB has been added and 80CCD(2) 14% limit for central government employee
    • New field ‘Are you filing return of income under the seventh proviso to section 139(1))’ has been added in case of return filed in response to section 139(1) (not applicable in case of firm)
    • Aadhaar number of Representative field has been added.
ITR-1 and ITR-4 XML generation available for AY 2020-21

Tax software

Schedule DI – Details of Investment page

Tax software

Standard deduction limit increased to ₹50,000 for AY 2020-21

Tax software

Employer category ‘Central Government’ and ‘State Government’ has been added

Tax software

A column for ‘Aadhaar Number of Tenant’ added in TDS 3 (194 IA)

Tax software

Deduction U/S 80D presentation method changed

Tax software

Deduction U/S 80EEA & 80EEB added

Tax software

New fields added in case of ‘Return filed in response to 139(1)

Tax software

Aadhaar Number of Representative field added

Tax software

We are always excited to hear from you. If you have any feedback, question, or concern, please drop us an email at

Arpita Bora is leading the content writing team at HostBooks Limited. She has pursued her Masters in Commerce. With over 4.5 years of experience in technical and creative writing, she specializes in both long and short-form digital content.

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