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  1. Jul 11, 2024 · ITR-3: In addition to salary income, if the individual earns income from business or profession, ITR-3 can be filed. ITR-4: Individuals who are drawing a salary as well as earning additional income from freelancing activities or part-time business also can file ITR-4 Form.

  2. Jun 5, 2024 · ITR 1 is for salaried individuals with an income up to Rs 50 lakh, while ITR 2 is for a wider range of individuals like NRIs and HUFs. Key differences between the two forms include income thresholds, sources, and property ownership.

  3. Jul 2, 2024 · ITR is a prescribed form through which you communicate the details of your income earned, deductions claimed, and taxes paid in a financial year to the Income Tax Department. It also allows you to carry forward the losses and claim a refund from the Income Tax Department.

  4. Aug 29, 2021 · ITR 4, known as Sugam, can be used by any individual, HUF or a partnership firm which wishes is eligible to offer its income on presumptive basis.

  5. Jul 12, 2024 · You can download the PDF format of these ITR forms from the official website of the Income Tax department for AY 2024-25. In this article, you will learn how to download the ITR form for ITR 1, ITR 2, ITR 3, ITR 4, and ITR 5.

  6. Jun 28, 2024 · Home | Income Tax Department. 1. Over 4 crore ITRs have been filed till 22 July 2024, which is over 8% more compared to returns filed during the same period last year. The number of ITRs filed per day has crossed over 15 lakh on 16 July and is expected to increase more on daily basis as the due date of 31st July 2024 is approaching.

  7. Dec 16, 2023 · To make return filling easier, the taxing authority has identified seven types of ITR forms. They are: ITR 1, ITR 2, ITR 3, ITR 4, ITR 5, ITR 6, and ITR 7. Individuals should file using the suitable form depending on their income, residential status, and type of business they run.

  8. Jul 25, 2023 · You can file an ITR in the case of a failed carryforward and setoff of brought-over losses. While filing your ITR, observe form 26AS for details on TDS and additional taxes, such as FD interest. Simply fill out your Form 16 with the specifics of your income and tax-saving deduction statements.

  9. ITR-4 is used to report revenue from a company with a turnover of up to Rs 2 crore that is subject to section 44AD taxation. In addition, ITR-4 is for revenue from an occupation with a turnover of up to Rs 50 lakh that is subject to section 44ADA taxation.

  10. Common Offline Utility for filing Income-tax Returns ITR 1, ITR 2, ITR 3 and ITR 4 for the AY 2024-25.