Income Tax Returns Forms(India)

Dear Readers today i want to summarize the necessary things that are required while filing Income tax returns(For Persons Resident in India).Find out the proper ITR form applicable in your case and download it from Incometaxindiaefiling site. You can either download Java Utility or excel utility. Moreover nowadays s/w are also available for preparing and filing such returns. If you have opted for Java utility you need to have latest version of Java installed. The link for such installation is provided in the Income tax site itself, no need to worry about it. Here is the List of ITR forms along with its applicability

For Assessment Year 2019-20
Form No.	Applicability/description
ITR 1	For Individuals being a Resident (other than Not Ordinarily Resident) having Total Income upto Rs.50 lakhs, having Income from Salaries, One House Property, Other Sources (Interest etc.), and Agricultural Income upto Rs.5 thousand(Not for an Individual who is either Director in a company or has invested in Unlisted Equity Shares)
ITR 2	For Individuals and HUFs not having income from profits and gains of business or profession
ITR 3	For individuals and HUFs having income from profits and gains of business or profession
ITR 4	For Individuals, HUFs and Firms (other than LLP) being a Resident having Total Income upto Rs.50 lakhs and having income from Business and Profession which is computed under sections 44AD, 44ADA or 44AE (Not for an Individual who is either Director in a company or has invested in Unlisted Equity Shares)
ITR 5	For persons other than:- (i) Individual, (ii) HUF, (iii) Company and (iv) Person filing Form ITR-7
ITR 6	For Companies other than companies claiming exemption under section 11
ITR 7	For persons including companies required to furnish return under sections 139(4A) or 139(4B) or 139(4C) or 139(4D) After having filled up the appropriate form , do generate xml file and upload it in the income tax site. The document can either be verified through the use of AADHAR or  the acknowledgement generated can be posted to Bangalore in the manner prescribed ITR-V. Links:https://www.incometaxindiaefiling.gov.in/home https://www.oracle.com/technetwork/java/javase/downloads/jdk8-downloads-2133151.html Thanks