The Central Board of Direct Taxes has issued a notification for forms required for Income Tax Return (ITR) filing. Taxpayers can download ITR forms SAHAJ ITR-1, ITR-2, ITR-3, SUGAM ITR4, ITR-5, and ITR-6.
These forms are essential for filing the ITR.
ITR 1 SAHAJ
The ITR-1 Sahaj form needs to be filled by individuals having income up to Rs 50 lakh.
“For individuals being a resident (other than not ordinarily resident) having total income upto Rs.50 lakh, having Income from Salaries, one house property, other sources (Interest etc.), and agricultural income upto Rs.5 thousand,” the CBDT said.
You can download ITR 1 form at https://www.incometaxindia.gov.in/forms/income-tax%20rules/2022/itr1_english.pdf.
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ITR 2
The ITR-2 form seeks information regarding the interest accrued in the provident fund on contributions exceeding Rs 2.5 lakh per annum.
You can download ITR 2 form https://www.incometaxindia.gov.in/forms/income-tax%20rules/2022/itr2_english.pdf
ITR 3
ITR-3 is filed by people having income as profits from business or profession.
“For individuals and HUFs having income from profits and gains of business or profession,” the CBDT stated.
Download ITR 3 form at https://www.incometaxindia.gov.in/forms/income-tax%20rules/2022/itr3_english.pdf
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ITR 4 SUGAM
ITR-4 can be filed by individuals, HUFs and firms with total income up to Rs 50 lakh and having income from business and profession.
You can download ITR 4 form at https://www.incometaxindia.gov.in/forms/income-tax%20rules/2022/itr4_english.pdf
ITR 5
ITR-5 is filed by Limited Liability Partnership (LLPs).
For persons other than- (i) individual, (ii) HUF, (iii) company and (iv) person filing Form ITR-7, according to the CBDT.
ITR 5 form can be downloaded at https://www.incometaxindia.gov.in/forms/income-tax%20rules/2022/itr5_english.pdf
ITR 6, 7
ITR 6 and 7 forms can be downloaded at
https://www.msn.com/en-in/money/topstories/income-tax-filling-how-to-download-itr-forms/ar-AAY8g7m?li=AagfyGb
https://www.incometaxindia.gov.in/forms/income-tax%20rules/2022/itr7_english.pdf
