Forms of ITR

žITR 1 :For Individuals having income from salary, one house property, other sources (Interest etc.) and having total income up to Rs.50 lakh

žITR 2:For Individuals and HUFs not carrying out business or profession under any proprietorship

žITR 3:For Individuals and HUFs having income from a proprietary business or profession

žITR 4:For Individual, HUF or Firm opting for presumptive taxation scheme

žITR 5:For Firm, Limited Liability Partnership (LLP), a person who is required to file ITR-7 shall not use this form.

žITR 6:For company, other than a company claiming exemption under section 11 (exemption under section 11 can be claimed by charitable/religious trust)

žITR 7:Persons including companies who are required to furnish return under section 139(4A) or 139(4B) or 139(4C) or 139(4D) or section 139(4E) or section 139(4F) of the Income-tax Act, 1961 (i.e., trusts, political parties, institutions, colleges, investment fund, etc.).