CBDT releases instructions for filing of ITR Forms for AY 2020-21

CBDT releases instructions for filing of ITR Forms for AY 2020-21

The Central Board of Direct Taxes (CBDT) has released instructions for filing ITR (Income-tax Return) Forms. These instructions are guidelines to help the taxpayers for filing the particulars in Income-tax Return (ITR) Form 1 to 7 for the Assessment Year 2020-21/Financial Year 2019-20.

Form	Particulars	ITR Form	Instructions
ITR-1 (SAHAJ)	For individuals being a resident (other than not ordinarily resident) having total income upto Rs.50 lakh, having Income from Salaries, one house property, other sources (Interest etc), and agricultural income upto Rs. 5000	LINK	LINK
ITR-2	For Individuals and HUFs not having income from profits and gains of business or profession	LINK	LINK
ITR-3	For individuals and HUFs having income from profits and gains of business or profession	LINK	LINK
ITR-4 (Sugam)	For Individuals, HUFs and Firms (other than LLP) being a resident having total income upto Rs.50 lakh and having income from business and profession which is computed under sections 44AD, 44ADA or 44AE	LINK	LINK
ITR-5	For persons other than- (i) individual, (ii) HUF, (iii) company and (iv) person filing Form ITR-7	LINK	LINK
ITR-6	For Companies other than companies claiming exemption under section 11	LINK	LINK
ITR-7	For persons including companies required to furnish return under sections 139(4A) or 139(4B) or 139(4C) or 139(4D) only	LINK	LINK
ITR-V	Where the data of the Return of Income in Form ITR-1 (SAHAJ), ITR-2, ITR-3, ITR-4(SUGAM), ITR-5, ITR-7 filed but NOT verified electronically	LINK	–
Acknowledgement	Where the data of the Return of Income in Form ITR-1 (SAHAJ), ITR-2, ITR-3, ITR4(SUGAM), ITR-5, ITR-6, ITR-7 filed and verified	LINK	–

Tags: Income Tax

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