New Income Tax Forms Launched AY 2023-2024
Income-tax Returns Form ITR 1 and ITR 4 are enabled at the portal in Online mode with prefilled data.
VARIOUS TYPES OF ITR FORMS
ITR 1
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.
ITR 2
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 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.
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
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