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Income Tax (IT) Return Filing – Which ITR form to use?

This article clarifies the most important question this time of the year: Which ITR form to use to file the income tax return? The forms are also available for a free download.

It is income tax (IT) return filing season. And as usual, it is a time for much confusion!! And the most puzzling thing for most of us: Which form to use to file the income tax return?

Here is your guide to the most commonly used income tax return forms.

 

Update: Latest Income Tax Return (ITR) Forms: AY 2011-12 / FY 2010-11

The IT returns for AY 2011-12 (FY 2010-11) have been notified now. Click below to download the form relevant to you. (To know which form you should be filling, and for older downloadable IT return forms, please scroll down)

(You need to be registered and logged in to download. For free registration, please click here)

Login Required ITR1 – Sahaj

Login Required Instructions for ITR1

Login Required ITR2

Login Required Instructions for ITR2

Login Required ITR3

Login Required Instructions for ITR3

Login Required ITR4S – Sugam

Login Required Instructions for ITR-4S

Login Required ITR4

Login Required Instructions for ITR4

Login Required Acknowledgement ITRV

 

Update: Latest Income Tax Return (ITR) Forms: AY 2010-11 / FY 2009-10

The IT returns for AY 2010-11 (FY 2009-10) have been notified now. Click below to download the form relevant to you. (To know which form you should be filling, and for older downloadable IT return forms, please scroll down)

Income Tax Return Form 1 (ITR 1 / ITR1)

Income Tax Return Form 2 (ITR 2 / ITR2)

Income Tax Return Form 3 (ITR 3 / ITR3)

Income Tax Return Form 4 (ITR 4 / ITR4)

Income Tax Return V (ITR V / ITRV)

Acknowledgement

 

Update: Latest Income Tax Return (ITR) Forms: AY 2009-10 / FY 2008-09

The IT returns for AY 2009-10 (FY 2008-09) have been notified now. Click below to download the form relevant to you. (For downloadable IT return forms for AY 2008-09, and to know which form you should be filling, please scroll down)

Income Tax Return Form 1 (ITR 1)

Income Tax Return Form 2 (ITR 2)

Income Tax Return Form 3 (ITR 3)

Income Tax Return Form 4 (ITR 4)

Acknowledgement (Please scroll to the last page of the downloaded form for the acknowledgement)

Please read “Income Tax (IT) Slabs / Brackets and rates” to know the latest slabs and Income Tax (IT) Rates.

(Don’t understand terms like assessment year and previous year? Please read “Income Tax (IT) Jargon – Financial Year (FY), Assessment Year (AY) and Previous Year (PY)“)

(Confused about filling the income tax return form – ITR? Want step by step guidance, and a video tutorial? Please read “How to fill Income Tax Return Form 1 (ITR1)“)

 

Form ITR1

ITR-1 is the most basic IT return form, and is applicable only for people having most basic incomes!!

It is for individuals having income from:

  • Salary / Pension / Family Pension
  • Interest

Thus, it is for people having a salary (or pension) and having savings bank accounts, fixed deposits, National Savings Certificates (NSCs), or other interest bearing instruments.

Form ITR-1 is not for people having capital gains, or for people having income from house property or business / profession.

Thus, ITR1 is not for you if:

  • You are filing on behalf of a Hindu Undivided Family (HUF)
  • You have sold shares / mutual funds in the past year (FY 07-08)
  • You have sold house / land in the past year (FY 07-08)
  • You have paid EMI for your house to repay your home loan
  • You have rented out your house
  • You have income from your business or profession

Download Income Tax Return Form ITR 1 (AY 2008-09 / FY 2007-08)

Download Income Tax Return Form ITR 1 Instructions (AY 2008-09 / FY 2007-08)

Download Income Tax Return Acknowledgement (AY 2008-09 / FY 2007-08)

 

Form ITR2

ITR-2 is for individuals and Hindu Undivided Families (HUFs) having income from:

  • Salary / Pension / Family Pension
  • Interest
  • House Property
  • Capital Gains

ITR2 is for you if:

  • You have income from salary or pension
  • You have savings bank accounts, fixed deposits, National Savings Certificates (NSCs), or other interest bearing instruments
  • You have sold shares / mutual funds in the past year (FY 07-08)
  • You have sold house / land in the past year (FY 07-08)
  • You have paid EMI for your house to repay your home loan
  • You have rented out your house
  • You are filing on behalf of a Hindu Undivided Family (HUF) that doesn’t have income from business or profession

ITR2 is not for you if:

  • You have income from your business or profession

Download Income Tax Return Form ITR 2 (AY 2008-09 / FY 2007-08)

Download Income Tax Return Form ITR 2 Instructions (AY 2008-09 / FY 2007-08)

Download Income Tax Return Acknowledgement (AY 2008-09 / FY 2007-08)

 

Form ITR3

From ITR-3 is for individuals or HUFs that are partners in firms, but who are not carrying out business or profession under any proprietorship.

ITR3 is for you if:

  • You are a partner in a firm
  • You are filing on behalf of an HUF that is a partner in a firm

ITR3 is not for you if:

  • You have a proprietary business
  • You are filing on behalf of an HUF, and it has a proprietary business
  • You or your HUF are not a partner in any firm

Download Income Tax Return Form ITR 3 (AY 2008-09 / FY 2007-08)

Download Income Tax Return Form ITR 3 Instructions (AY 2008-09 / FY 2007-08)

Download Income Tax Return Acknowledgement (AY 2008-09 / FY 2007-08)

 

Form ITR4

Form ITR-4 is for individuals and HUFs that have income from a proprietary business or profession.

ITR4 is for you if:

  • You have a proprietary business
  • You are filing on behalf of an HUF, and it has a proprietary business

ITR4 is not for you if:

  • You or your HUF do not have a proprietary business

Download Income Tax Return Form ITR 4 (AY 2008-09 / FY 2007-08)

Download Income Tax Return Form ITR 4 Instructions (AY 2008-09 / FY 2007-08)

Download Income Tax Return Acknowledgement (AY 2008-09 / FY 2007-08)

 

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