7 Income Tax Return Forms

INCOME  TAX  RETURN  7  DIFFERENT FORMS

Even though No one likes to Pay it we all  Pay the Income Tax  So that the Government has money to make our lives better.

Today We will see 7 different  Income Tax Forms issued by Government to filing Income Tax. 

SAHAJ (ITR 1): 

Return of Income - for individuals earning income from salary, pension, one house property, income from other sources and having total income up to Rs. 50 lakhs.

 ITR-2 Form: 

Return of Income - For Individuals and HUFs not carrying out business or profession under any proprietorship

ITR-3 Form: 

Return of Income – For individuals and HUFs having income from a proprietary business or profession.

ITR-4 Form: 

Return of Income – For presumptive income from Business & Profession.

 ITR-5 Form: 

Return of Income – For persons other than, 

• Individual;

• HUF;

• Company, and

• Person filing Form ITR-7

 ITR-6 Form: 

Return of Income – For Companies other than companies claiming an exemption under section 11.

ITR-7 Form: 

Return of Income – For persons including companies required to furnish return under section 139(4A) or 139(4B) or 139(4C) or 139(4D) or 139(4E) or 139(4F).

ITR-V: 

Acknowledgment.

This is the 7 different Forms which are used for filing Income Tax Return.