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  2. Jul 11, 2024 · ITR-1, ITR-2,ITR-3, ITR-4, ITR-5, ITR-6 & ITR-7 for AY 2024-25 are enabled for filing in offline as well as Online mode at e-filing portal ! Excel Utilities of ITR-1, ITR-2, ITR-3,ITR-4, ITR 5, ITR-6 and ITR-7 for AY 2024-25 are also live now !!

    • What Is Itr?
    • Why Should You File Itr?
    • Who Are Exempted from Filing Income Tax Returns?
    • Which ITR to file?
    • ITR-1 Or Sahaj
    • ITR-2
    • ITR-3
    • ITR 4 Or Sugam
    • ITR-5
    • ITR-6

    Income Tax Return(ITR) is a form in which the taxpayers file information about their income earned and tax applicable, to the income tax department. The department has notified 7 forms i.e. ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6 & ITR-7 to date. Every taxpayer should file his ITR on or before the specified due date. The applicability of ITR forms...

    If you want to claim an income tax refund from the department.
    If you have earned from or have invested in foreign assets during the FY.
    If you wish to apply for a visa or a loan
    If the taxpayer is a company or a firm, irrespective of profit or loss.

    Central government have the power to exempt specified class or classes of persons from filing income tax returns in addition to the existing exempt persons like individuals having total income less than the basic tax expedition limit, non-residents not having income accruing or arising from India etc. However, currently, there are no such exemption...

    The following infographic will help you find out which type of income taxreturn is applicable to you for FY 2023-24. Once you figure out which ITR you need, click on the links below to learn more about them.

    This Return Form is for a resident individualwhose total income for the AY 2024-25 includes: 1. Income from Salary/ Pension; or 2. Income from OneHouse Property(excluding cases where loss is brought forward from previous years); or 3. Income from Other Sources (excluding Winning from Lottery and Income from Race Horses) 4. Agricultural income up to...

    ITR-2 is for the use of an individual or a Hindu Undivided Family (HUF) whose total income for the AY 2024-25 includes: 1. Income from Salary/Pension 2. Income from House Property 3. Income from Other Sources (including Winnings from Lottery and Income from Race Horses) 4. If you are an Individual Director in a company 5. If you have had investment...

    The current ITR-3 Form is to be used by an individual or a Hindu Undivided Family who have income from a proprietary business or is carrying on a profession. The persons having income from the following sources are eligible to file ITR-3: 1. Carrying on a business or profession not opting for presumptive income 2. Carrying on a business or professi...

    The current ITR-4 applies to individuals and HUFs, Partnership firms (other than LLPs), which are residents and whose total income includes: 1. Business income according to the presumptive income scheme under section 44AD or 44AE 2. Professional income according to presumptive income scheme under section 44ADA 3. Income from salary or pension up to...

    ITR-5 is for firms, LLPs (Limited Liability Partnership), AOPs (Association of Persons), BOIs (Body of Individuals), Artificial Juridical Person (AJP), Estate of deceased, Estate of insolvent, Business trust and investment fund. Click here to read our comprehensive guide to the ITR-5

    For Companies other than companies claiming exemption under section 11 (Income from property held for charitable or religious purposes), this return has to be filed electronically only. Click here to read our comprehensive guide to the ITR-6

  3. Apr 2, 2024 · ITR filing forms for FY 2023-24 (AY 2024-25): As of April 1, 2024, the online ITR forms have been enabled on the e-filing website. This means that taxpayers who are eligible to file their tax returns using these forms can now proceed to file their ITR for the financial year 2023-2024.

    • Preeti Motiani
  4. Mar 26, 2024 · Explore significant changes in ITR forms for FY 2023-24: deadlines, EVC for audits, reporting modifications, taxation updates, and more. Stay informed!

  5. Apr 2, 2024 · The online ITR forms were made available from April 1, 2024. Taxpayers eligible to file their tax returns can now login and fill their ITRs for FY 2023-24 using these ITR forms. The last date to...

  6. Apr 4, 2024 · Income Tax department releases e-filing versions of ITR-1, ITR-2, and ITR-4 for FY 2023-24. Deadline for filing ITRs is July 31, 2024. Online and offline tools available for filing returns.

  7. ITR Filing for FY 2023-24 (AY 2024-25): e-Filing of Income Tax Returns online made easy with ClearTax to get maximum tax refund. Income Tax login, upload Form-16, view/download Form 26AS, review your TDS deductions & track refund status for Income Tax Filing in India.