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The Central Board of Direct Taxes (CBDT) notified the instructions are guidelines to help the taxpayers for filling the particulars in ITR-1 SAHAJ, ITR-2, ITR-3 ITR-4, ITR-5, ITR-6, and ITR-7, for the Assessment Year 2021?22 relating to the Financial Year 2020?21. The CBDT has not made significant changes to ITR forms in comparison to last year to help the taxpayers in view of the ongoing crisis due to the COVID pandemic. There is no change in the manner of filing of ITR Forms as compared to last year either, the tax body further mentioned.

Form No. : ITR-1 SAHAJ
For individuals being a resident (other than not ordinarily resident) having total income upto Rs.50 lakh from

• Income from Salaries,
• one house property,
• other sources (Interest etc.), and
• agricultural income upto Rs.5 thousand.

Note: Not for an individual who is either Director in a company or has invested in unlisted equity shares

Form No. : ITR-2
For Individuals and HUFs having income from

• Every Income from ITR-1 > 50 lakhs
• Capital Gains
• More than one house property
• Foreign Income

Note: Not having income from profits and gains of business or profession

Form No. : ITR-3
For individuals and HUFs having income from

• Every Income from ITR-2
• Business or Profession
• Income from partnership firm
• Presumptive Income > 50 lakhs

Form No. : 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.

Form No. : ITR-5
Applicable to :

• Firms
• LLP
• AOP
• BOI
• AJP (Artificial Juridical Person)
• Estate of deceased
• Business Trust

Form No. : ITR-6
For Companies other than companies claiming exemption under section 11

Form No. : ITR-7
For persons including companies required to furnish return under sections 139(4A) or 139(4B) or 139(4C) or 139(4D) only.

Form No. : 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

Form No. : Acknowledgement
Where the data of the Return of Income in Form ITR-1 (SAHAJ), ITR-2, ITR-3, ITR-4(SUGAM), ITR-5, ITR-6, ITR-7 filed and verified.

CA Jugraj Singh Bedi
Pushpak Thakur