Forms and Purpose 

  1. ITR – 1 : For Individuals having Income from Salaries, one house property, other sources (Interest etc.) and having total income upto Rs.50 lakh.
  2. ITR – 2 : For Individuals and HUFs not carrying out business or profession under any proprietorship.
  3. ITR – 3 : For individuals and HUFs having income from a proprietary business or profession.
  4. ITR – 4 (SUGAM) : For presumptive income from Business & Profession.
  5. ITR – 5 : For persons other than,- (i) individual, (ii) HUF, (iii) company and (iv) person filing Form ITR-7.
  6. ITR – 6 : For Companies other than companies claiming exemption under section 11.
  7. 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).

Checklist of documents and pre-requisites

  • A copy of last year’s tax return
  • Bank Statement
  • TDS certificates
  • Savings certificates/Deductions
  • Interest statement showing interest paid to you throughout the year.
  • Balance Sheet, P&L Account Statement and other Audit Reports wherever applicable.