ITR

ITR Forms

Forms

Applicability

Income Sources

Income Limit

 

 

 

 

ITR – 1

For individuals resident – other than not ordinarily resident

Income from Salaries/Pensions, one house property, from other sources and agricultural income upto Rs.5,000/- only

Total income not exceeding to Rs.50 lakhs from all sources

 

 

 

 

ITR – 2

For Individuals and Hindu Undivided Family (HUFs )

Income from Salaries/Pensions, more than one house property, from other sources, capital gain/loss on investment/sale of house property (both long and short term) and agricultural income

No Limit

 

 

 

 

ITR – 3

For Individuals and Hindu Undivided Family (HUFs )

Income from Business and Profession including Income from Salaries/Pensions, more than one house property, from other sources, capital gain/loss on investment/sale of house property (both long and short term) and agricultural income

No Limit

 

 

 

 

ITR – 4

For Individuals, Hindu Undivided Family (HUFs ) and Limited Liability Partnership (LLPs) being resident

Income from Business and Profession computed under

presumptive income scheme as per Section 44AD, Section 44ADA and Section 44AE including Income from Salaries/Pensions, one house property, from other sources and agricultural income upto Rs.5,000/- only

Total income not exceeding to Rs.50 lakhs from all sources

 

 

 

 

ITR – 5

For persons other than Individual, HUFs, Company and person filing Form ITR-7

 

(i.e. For Firms, LLPs, AOPs (Association of persons) and BOIs (Body of Individuals), Artificial Juridical Person (AJP), Estate of deceased, Estate of insolvent, Business trust and investment fund)

Income from Business and Profession including house property, from other sources, capital gain/loss on investment/sale of house property (both long and short term)

 

 

 

No Limit

 

 

 

 

ITR – 6

For Companies other than companies claiming exemption under Section 11  (Section 11 for those whose income from property is held for charitable or religious purposes

Income from Business and Profession including house property, from other sources, capital gain/loss on investment/sale of house property (both long and short term)

 

 

 

No Limit

 

 

 

 

ITR – 7

For persons including companies fall under

Charitable /Religious trust u/s 139 (4A), Political party u/s 139 (4B), Scientific research institutions u/s 139 (4C), University or Colleges or Institutions or Khadi and Village industries u/s 139 (4D)

All receipts covered under Section

139 (4A), 139 (4B), 139 (4C) and u/s 139 (4D)

No Limit

 

 

 

 

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