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Query Karo Latest Articles

ITR Filing – Ch 1: ITR Form Types

Types of ITR Forms and their Applicability

In India, there are 7 types of Income Tax Return (ITR) forms. The correct form depends on your taxpayer category, sources of income, residential status, and whether you have business/professional income.

ITR FormApplicable ToNot Applicable If
ITR-1 (Sahaj)Resident individuals with income income from:
(a) Salary/Pension
(b)One House Property
(c) Other (such as interest)
=> Max Agriculture Income upto 5K
=> Max Total income upto 50Lakhs
Business/professional income, most capital gains, foreign assets/income, or other specified exclusions
ITR-2Individuals and HUFs with no business/professional income but having capital gains, multiple house properties, foreign income/assets, etc.Proprietary business or professional income
ITR-3Individuals and HUFs having income from business or profession (including proprietorship, freelancers, professionals, partners in firms)Taxpayers eligible and opting for ITR-1 or ITR-4
ITR-4 (Sugam)Resident individuals, HUFs, and firms (other than LLPs) opting for the presumptive taxation scheme under Sections 44AD, 44ADA, or 44AE, subject to prescribed conditionsLLPs, companies, or taxpayers not eligible for presumptive taxation
ITR-5Partnership firms, LLPs, AOPs, BOIs, cooperative societies, trusts (other than those filing ITR-7), etc.Individuals, HUFs, companies, and entities required to file ITR-7
ITR-6Companies other than those claiming exemption under Section 11Companies claiming exemption under Section 11
ITR-7Trusts, charitable/religious institutions, political parties, educational institutions, research associations, and other entities required to file under specified provisions of the Income-tax ActTaxpayers not covered by the specified provisions for ITR-7

Quick selection guide

  • Salaried employee (simple income, up to ₹50 lakh): ITR-1
  • Salaried with capital gains, multiple properties, or foreign assets: ITR-2
  • Freelancer, doctor, lawyer, consultant, or business owner: ITR-3
  • Small business/professional under presumptive taxation: ITR-4
  • Partnership firm/LLP: ITR-5
  • Company: ITR-6
  • Charitable trust or specified institution: ITR-7

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