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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

INCOME-TAX-FORMS-2023-2024-LAUNCHED.webp

ITR 6

For Companies other than companies claiming exemption under section 11

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