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ITR Forms ITR Forms For Individuals Individuals Normally File one of the following 4 ITR Forms ITR 1 If Salary or Other sources or 1 house property (income upto 50 lacs) ITR 2 Non business who cant file ITR 1 (Like 2 House Property or Capital Gain Or those who can’t file ITR 1) ITR 3 ITR for business whose audit done by CA (or those who cant file ITR4) ITR 4 ITR for small business (Non Audit) + Int + One House Property Note: Normally Non Business file ITR1. If some other income, then ITR 2 is filed Small businessmen file ITR 4. If some other income, ITR 3 is filed Non Business They normally fill ITR 1 (Salary + 1HP + OS) If some Extra Income ITR 2 (Example 2HP + CG) (Persons having Capital Gains or 2 House property can't file ITR 1, they have to fill ITR 2) Business They normally fill ITR 4 (Small Business + 1HP + OS) If some Extra Income ITR 3 (2HP + Business, CG + Business, Audit Case) (Persons having Capital Gains or 2 House property can't file ITR 4, they have to fill ITR 3)

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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 14 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.