CBDT releases Income Tax Return forms for A.Y. 2018-19
Central Board of Direct Taxes has issued Notification No.16/2018 and has released the new Income Tax Return Forms for Assessment Year 2018-19.
The description for each form are laid in the below table:
|1||ITR-1-Sahaj||For Individuals being a resident other than not ordinarily resident having Income from Salaries, one house property, other sources (Interest etc.) and having total income upto Rs.50 lakh|
|2||ITR-2||For Individuals and HUFs not having income from profits and gains of business or profession|
|3||ITR-3||For Individuals and HUFs having income from profits and gains of business or profession|
|4||ITR-4-Sugam||For Presumptive income from business & profession|
|5||ITR-5||For persons other than- (i) Individual, (ii) HUF, (iii) company and (iv) person filing Form ITR-7|
|6||ITR-6||For Companies other than companies claiming exemption under section 11|
|7||ITR-7||For persons including companies required to furnish return under sections 139(4A) or 139(4B) or 139(4C) or 139(4D) or 139(4E) or 139(4F)|
For further information please refer the attached document.
Source: Central Board of Direct Taxes