As income tax filing season begins for Assessment Year 2025–26, selecting the correct Income Tax Return (ITR) form is a vital ...

An informative guide on choosing between ITR-1 and ITR-2 for salaried individuals, highlighting the eligibility criteria and ...

These forms are ITR - 1, ITR - 2, ITR - 3, ITR - 4, ITR - 5, ITR - 6 and ITR - 7. ITR 1 form which is also known as SAHAJ is applicable to an individual having salary or pension income or income from ...

ITR-1 can be used by an individual who is a resident of India and has income only from salaries, income from other sources, and does not own more than one house property and his total income does ...

The ITR forms are broadly classified into 6 categories and are chosen basis the nature of income and category of taxpayer whether an individual taxpayer or a company among others. To avoid ...

You have to use ITR 3 if you are an individual or an HUF engaged in any business or profession, income and who are disqualified from using ITR 4(iStock) After we discussed as to who can use ITR 1 ...

The ITR3 form is applicable to an individual or a Hindu Undivided Family who has any ... If one fails to file their ITR before due date, they fall under section 234F which is furnishes details of ...

individual partnership in a firm; income generated from one among salary/pension, house property, any other source; and turnover of the business exceeds ₹2 crore. (3.) ITR 4 or SUGAM ...

Filing the correct ITR form is imperative. In case of incorrect filing, Income Tax Department will send the receipt of a defective notice to an individual and ask him/her to rectify within a ...

Though we are in the last month of filing of income tax returns for majority of the tax payers, there persists confusion as to the ITR form one has to use. Let us now discuss which form is ...