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) |