Income Tax Return forms and their due dates

An Income Tax Return (ITR) is a prescribed form through which an individual, company, or entity reports their income, deductions, and taxes paid to the Income Tax Department of India.

Filing ITR is mandatory for individuals and entities whose income exceeds the basic exemption limit, or who meet certain criteria (like owning foreign assets, spending above a threshold, etc.).

Types of ITR Forms (AY 2024–25 / FY 2023–24)

There are seven ITR forms notified by the CBDT (Central Board of Direct Taxes), each applicable to different types of taxpayers and sources of income.

🟦 ITR-1 (Sahaj)

• For: Resident Individuals (not HUF)

• Income:

  • Salary or Pension

  • One House Property

  • Other Sources (excluding lottery, race horses, etc.)

• Total Income Limit: Up to ₹50 lakh

• Not for: Directors, foreign assets holders, or capital gains

🟦 ITR-2

• For: Individuals and HUFs

• Includes:

  • Capital gains

  • Income from more than one house

  • Foreign income or assets

• Not for: Business or profession income

🟦 ITR-3

• For: Individuals and HUFs having income from:

  • Business or Profession (proprietorship)

  • Presumptive income u/s 44AD/44ADA

  • Other incomes like salary, capital gains, etc.

🟦 ITR-4 (Sugam)

• For: Individuals, HUFs, and Firms (other than LLPs)

• Income:

  • Presumptive business income u/s 44AD or 44AE

  • Presumptive profession income u/s 44ADA

• Total Income Limit: Up to ₹50 lakh

🟦 ITR-5

• For: Firms, LLPs, AOPs, BOIs, and other non-individual entities

• Not for: Individuals or companies

🟦 ITR-6

• For: Companies (except those claiming exemption u/s 11, i.e., charitable/religious institutions)

🟦 ITR-7

• For: Persons including companies required to furnish return under:

  • Section 139(4A) to 139(4F)

  • Trusts, political parties, research institutions, etc.

Due Dates for Filing ITR (AY 2024–25 / FY 2023–24)