Tuesday, 18 December 2012

Various Forms for Income Tax Return

Various Forms for Income Tax Return

Form No.
Description
ITR - 1 (SAHAJ)
For individuals, whose total income includes chargeable under the head -
·         “Salaries” or income in the nature of family pension under section 57(iia);
·         “Income from house property”, where the assessee does not own more than one house property and does not have any brought forward loss under the head;
·         “Income from other sources”, except winnings from lottery or income from race horses.
ITR – 2
For individuals & HUFs not having income from Business or Profession.
ITR - 3
For individuals/HUFs being partners in firms and not carrying out business or profession under any proprietorship.
ITR - 4
For individuals & HUFs having income from a proprietary business or profession.
ITR - 4S (SUGAM)
For presumptive business incomecovered under section 44AD and 44AE
ITR - 5
For firms, AOPs and BOIs
ITR - 6
For Companies other than companies claiming exemption under section 11
ITR - 7
For persons including companies required to furnish return under section 139(4A) or section 139(4B) or section 139 (4C) or section 139(4D). (Not available for e-Filing)
ITR - V
INDIAN INCOME TAX RETURN VERIFICATION FORM: This Form is to be used where the data of the Return of Income in Form ITR-1, ITR2, ITR3, ITR-4 and ITR-5 transmitted electronically without digital signature