he Income Tax Department has designed different types of ITR (Income Tax Return) forms to suit various categories of taxpayers. Each form is meant for a specific type of income and taxpayer, such as salaried individuals, business owners, or companies. Before filing your ITR, it is important to understand which form applies to you. Choosing the correct ITR form ensures that your return is valid and helps you avoid unnecessary errors or notices from the department.
| ITR Form | Purpose |
|---|---|
| ITR 1 | For individuals being a resident (other than not ordinarily resident) having total income upto Rs.50 lakh and having Income from Salaries, one house property, other sources (Interest etc.), long-term capital gains under section 112A up to Rs. 1.25 lakh, and agricultural income up to Rs.5 thousand |
| ITR 2 | For Individuals and HUFs not having income from profits and gains of business or profession. |
| ITR 3 | For individuals and HUFs having income from profits and gains of business or profession. |
| ITR 4 | For Individuals, HUFs and Firms (other than LLP) being a resident having total income upto Rs.50 lakh and having income from business and profession which is computed under sections 44AD, 44ADA or 44AE, and having long-term capital gains under section 112A upto Rs. 1.25 lakh |
| ITR 5 | For persons other than- (i) individual, (ii) HUF, (iii) company and (iv) person filing Form ITR-7 |
| ITR 6 | For Companies other than companies claiming exemption under section 11 |
| ITR 7 | For persons including companies required to furnish return under sections 139(4A) or 139(4B) or 139(4C) or 139(4D) only |
| ITR V | Where the data of the Return of Income in Form ITR-1(SAHAJ), ITR-2, ITR-3, ITR-4(SUGAM), ITR-5, ITR-7 filed but NOT verified electronically |
| ITR U | For persons to update income within forty-eight months from the end of the relevant assessment year |
| ITR B | For search and seizure cases (Chapter XIV-B) |
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