Which ITR form applies
Eligibility conditions and income ceilings are amended most years. Confirm against the form's instructions for the relevant assessment year before filing.
| Form | Broadly applies to |
|---|---|
| ITR-1 (Sahaj) | Resident individuals with salary, one house property and modest other income, within the prescribed income ceiling |
| ITR-2 | Individuals and HUFs without business or professional income — includes capital gains and multiple house properties |
| ITR-3 | Individuals and HUFs with income from business or profession |
| ITR-4 (Sugam) | Presumptive income under sections 44AD, 44ADA or 44AE, within the prescribed limits |
| ITR-5 | Firms, LLPs, AOPs and BOIs |
| ITR-6 | Companies other than those claiming exemption under section 11 |
| ITR-7 | Trusts and entities required to file under sections 139(4A) to 139(4D) |
Where returns get picked up
- Wrong form selected for the income profile — the most common cause of a defective return notice
- AIS and Form 26AS entries not reconciled with the return
- Capital gains reported without the corresponding schedule completed
- Presumptive scheme claimed where turnover has crossed the limit
- Foreign asset or income disclosure omitted by a resident
What we are building
- Client-wise return status across the practice
- Reconciliation against AIS and Form 26AS
- Computation carried through from the balance sheet module rather than re-entered
- Deadline tracking in the shared compliance calendar