Income Tax Updates |Income Tax Return Forms AY 2019-2020 ( FY 2018-2019)

FORM ITR-1 SAHAJ

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
[Not for an individual who is either Director in a company or has invested in unlisted equity shares]

FORM ITR-2

For Individuals and HUFs not having income from profits and gains of business or profession
(Please see Rule 12 of the Income-tax Rules, 1962)

FORM ITR-3

For individuals and HUFs having income from profits and gains of business or profession
(Please see rule 12 of the Income-tax Rules,1962)

FORM ITR-4 SUGAM

For Individuals, HUFs and Firms (other than LLP) being a resident having total income upto Rs.50 lakh and having income from business and profession which is computed under sections 44AD, 44ADA or 44AE


[Not for an individual who is either Director in a company or has invested in unlisted equity shares]

FORM ITR-5

For persons other than,- (i) individual, (ii) HUF, (iii) company and (iv) person filing Form ITR-7


(Please see Rule 12 of the Income-tax Rules,1962)

FORM ITR-6

For Companies other than companies claiming exemption
under section 11


(Please see rule 12 of the Income-tax Rules,1962)

FORM ITR-7

For persons including companies required to furnish return under sections 139(4A) or 139(4B) or 139(4C) or 139(4D) only


(Please see rule 12 of the Income-tax Rules, 1962)


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