1. ITR-1 (SAHAJ) – Applicable for Individual 

This return is applicable for a Resident (other than Not Ordinarily Resident) Individual having Total Income from any of the following sources up to ₹ 50 lakh

Ø Salary/Pension

Ø One House Property

Ø Other Sources( Interest, Family Pension, Dividend etc.)

Ø Ageecuture Income upto Rs. 5000 

Note : ITR 1 cannto Be used for by a person who :

i)              is a Dirctor of company

ii)            has held any unlisted equity shares at any time during the previous year 

iii)          has any asset (including financial interest in any entity) located outside India 

iv)           has signing authority in any account located outside India 

v)             has income from any source outside India 

vi)           is a person in whose case tax has been deducted u/s 194N 

vii)         is a person in whose case payment or deduction of tax has been deferred on ESOP 

2. ITR-2 - Applicable for Individual and HUF

This return is applicable for Individual and Hindu Undivided Family (HUF)

Ø Not having Income under the head Profits or Gains of Business or Profession

Ø Who is not eligible for filing ITR-1

3. ITR-3- Applicable for Individual and HUF

This return is applicable for Individual and Hindu Undivided Family (HUF)

Ø Having Income under the head Profits or Gains of Business or Profession

Ø Who is not eligible for filing ITR-1, 2 or 4

4. ITR-4 (SUGAM) – Applicable for Individual, HUF and Firm (other than LLP)

This return is applicable for an Individual or Hindu Undivided Family (HUF), who is Resident other than Not Ordinarily Resident or a Firm (other than LLP) which is a Resident having Total Income up to ₹ 50 lakh and having income from Business and Profession which is computed on a presumptive basis and income from any of the following sources:

Ø Salary / Pension

Ø One House Property

Ø Other sources (Interest, Family Pension, Dividend etc.)

Ø Agricultural Income up to ₹ 5,000

Ø Income from Business /  Profession computed on presumptive basis u/s 44AD / 44ADA / 44AE

NOTE : ITR-4 cannot be used by a person who:is a Dirctor of company

i)              has held any unlisted equity shares at any time during the previous year 

ii)            has any asset (including financial interest in any entity) located outside India 

iii)          has signing authority in any account located outside India 

iv)           has income from any source outside India 

v)             is a person in whose case tax has been deducted u/s 194N 

vi)           is a person in whose case payment or deduction of tax has been deferred on ESOP

Please note that  ITR-4 (Sugam) is not mandatory. It is a simplified return form to be used by an Assessee, at his option, if he is eligible to declare Profits and Gains from Business and Profession on presumptive basis u/s 44AD, 44ADA or 44AE.

OTHER FORMS APPLICABLE

Form 12BB - Particulars of claims by an employee for deduction of tax (u/s 192)

Ø Provided by An Employee to his Employer(s)

Ø Evidence or particulars of HRA, LTC, Deduction of Interest on Borrowed Capital, Tax Saving Claims / Deductions for the purpose of calculating Tax to be Deducted at Source (TDS)

2. Form 16 - Details of Tax Deducted at Source on salary (certificate u/s 203 of the Income Tax Act, 1961)

Provided by An Employer(s) to his Employee

Details in the form are : Income of the such person, Deductions / Exemptions and Tax Deducted at Source for the purpose of Computing Tax Payable / Refundable 

3. Form 16A – Certificate u/s 203 of the Income Tax Act, 1961 for TDS on Income other than Salary

Certificate issued quarterly that captures the amount of TDS, Nature of Payments and the TDS Payments deposited with the Income Tax Department. 

4. Form 67- Statement of Income from a country or specified territory outside India and Foreign Tax Credit Submited by Taxpayer 

Details provided in the form: Income from a country or specified territory outside India and Foreign Tax Credit claimed

5. Form 26AS - Annual Information Statement 

Provided by Income Tax Department (It is available in TRACES portal that may be accessible after logging on to Income Tax e-Filing portal or Internet Banking)

Details provided in the form : Tax Deducted /  Collected at Source, Advance Tax /  SelfAssessment Tax, Specified Financial Transactions, Demand /  Refund, Pending, Completed Proceedings. 

6. Form 15G - Declaration by taxpayer (not being a Company or Firm) claiming certain receipts without deduction of tax

Submitted by : A Resident Individual or HUF or any other Person (other than Company / Firm) to Bank for not deducting TDS on Interest Income

Details provided in the form : Estimated Income for the FY

7. Form 15H - Declaration to be made by an individual (who is sixty years age or more) claiming certain receipts without deduction of tax

Submitted by : A Resident Individual, 60 years or more to Bank for not deducting TDS on Interest Income.

Details provided in the form: Estimated Income for the FY 

8. Form 10E - Form for furnishing particulars of Income for claiming relief u/s 89(1) when Salary is paid in arrears or advance

Provided by An Employee to the Income Tax Department

Details provided in the form , Arrears / Advance Salary, Gratuity, Compensation on Termination, Commutation of Pension 

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TaxSanjivani