Income Tax (ITR)
Choose the right ITR form
Decision tree from income sources, residential status, and entity type to the correct ITR form (1 through 7) under IT Act 2025.
Choose the right ITR form
| Form | Use for |
|---|---|
| Form 1 (formerly ITR-1) | Salaried resident individuals with income ≤ ₹50 lakh, one house property, agricultural income ≤ ₹5,000 |
| Form 2 (formerly ITR-2) | Individuals / HUFs with capital gains, multiple house properties, foreign income, partnership profit share |
| Form 3 (formerly ITR-3) | Individuals / HUFs with business or profession income (other than presumptive) |
| Form 4 (formerly ITR-4 Sugam) | Presumptive income under Sections 193 / 194 / 195 (small business, profession, transport) |
| Form 5 (formerly ITR-5) | Firms, LLPs, AOPs, BOIs |
| Form 6 (formerly ITR-6) | Companies (other than those claiming Section 11 exemption) |
| Form 7 (formerly ITR-7) | Trusts, political parties, electoral trusts, NGOs, educational institutions |
Form 1 disqualifiers
A Form 1 filer becomes ineligible if any of the following apply:
- Income > ₹50 lakh
- Income from more than one house property
- Capital gains in the year
- Income from horse races / lotteries / winnings
- Foreign income or foreign asset disclosure required
- Income to be assigned to another person under clubbing
- Has agricultural income > ₹5,000
- Has TDS under Section 194N (cash withdrawals)
- Director in any company at any time during the year
- Has unlisted equity shares (typically applies to ESOPs)
If any of the above apply, the wizard auto-bumps to Form 2.
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