AY- 2018-19- Which IT Return to File

ITR Description Who cannot use this return
ITR 1 For individuals being a resident other than not ordinarily resident
having Income from Salaries,
one house property,
other sources (Interest etc.) and
having total income upto Rs.50 lakh
 If your total income exceeds Rs 50 lakhs.
If you have foreign assets
If you have agricultural income which is more than Rs. 5,000,
If you have taxable capital gains
If you have income from business or profession
If you have income from more than one house property
ITR 2 For Individuals and HUFs not having income from profits and gains of business or profession For Individuals and HUFs not having income from profits and gains of business or profession
ITR 3 For individuals and HUFs having income from profits and gains of business or profession
ITR 4 For presumptive income from Business & Profession
ITR 5 For persons other than:-
(i) Individual,
(ii) HUF,
(iii) Company and
(iv) Person filing Form ITR-7
ITR 6 For Companies other than companies claiming exemption under section 11
ITR 7 For persons including companies required to furnish return under sections 139(4A) or 139(4B) or 139(4C) or 139(4D) or 139(4E) or 139(4F)

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