Which ITR to file?

-Income from Salary/Pension

-Income from one house property

-Income from other sources

-Individual Taxpayer having income above INR 50 Lacs cannot use this form.

-Every income from ITR-1 above INR 50 Lacs

-Income under the head Capital Gains

-Income from more than one House Property

-Individual/HUF is having income as a partner of a partnership firm carrying out business/profession,

-Foreign Income/Foreign Assets

-Holding Directorship in a company

-Holding Unlisted equity shares 

-Every income from ITR-2 

-Income under the head Business/Profession

-As a partner in a firm

-Having presumptive income as prescribed

-Every income from ITR-1 

-Having presumptive income under Section 44AD (if gross receipts not more than INR 50 Lacs), Section 44ADA (if gross receipts are less than INR 2 Cr.), under Section 44AE (if person ngaged in the business of goods transportation and owns not more than 10 goods carriages).

-Form is for firms, Limited Liability Partnership(LLP), Association of Persons(AOP), Body of Individuals(BOI), Artificial judicial person (AJP).

-For Companies other than companies claiming exemption under section 11 (Income from property held for charitable or religious purposes)