Which Income Tax Form is Applicable for Individuals, HUF and others ?

Friends,

Department of Income Tax of India has defined various forms for various purposes. While filing your Income Tax Return for the relevant Financial Year, it depends on the source of Income by which it is decided that which form is to be submitted. There are five types of Forms as prescribed by the Income Tax Department. The forms are ITR-1 (SAHAJ), ITR-2, ITR-3, ITR-4 and ITR-4S (SUGAM). The description of forms is as under :-

Which Form is Applicable

S.No For Þ Individual Individual, HUF Source of Income ß ITR-1 (SAHAJ) ITR-2 ITR-3 ITR-4 ITR-4S (SUGAM) 1 Income from Salary/Pension • • • • 2 Income from Other Sources (only Interest Income or Family Pension) • • • • 3 Income/Loss from Other Sources • • • 4 Income/Loss from House Property • • • 5 Capital Gains/Loss on sale of investments/property • • • 6 Partner in a Partnership Firm • • 7 Income from Proprietary Business/Profession  • 8 Income from Presumptive Business •

So According to your need select the Form and File your Income Tax Return in a proper way. You can Download the Return Preparation Utility (RPU's) as provided by the Income Tax Department from below: 

Download Return Preparation Software

Sl. No. Form Name Return Preparation Software Remarks System Requirements 1  ITR-1 (SAHAJ) Excel Utility(Version 1.0) New Release MS Excel 2  ITR-4S (SUGAM) Excel Utility(Version 1.0) New Release MS Excel 3  ITR-2 Excel Utility(Version 1.0) New Release MS Excel 4  ITR-3 Excel Utility(Version 1.0) New Release MS Excel

Please enable the macro in the excel sheet before data entry into excel sheet using instruction given in help.txt file downloaded along with the ITR excel sheet.

Check-list of documents and pre-requisites

Adobe Reader
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.