ITR Forms for AY 2022 23
ITR Forms for AY 2022 23, Last Date and Late Filing Fee NEW DELHI: ITR, or income tax return, is the form that is filled by Indian taxpayers to the income tax department. It contains information about the individual's income, other sources income, investments and taxes payable during the financial year. An individual just need to make sure they are they are filing the correct ITR form applicable to them. Types of ITR forms: ITR-1 SAHAJ Resident individuals who have a total income of up to Rs.50 lakh are eligible. Incomes include salaried individuals, one house property, other sources and an agricultural income of up to Rs 5,000. ITR-2 If individuals have capital gains they acquired from sale of mutual funds, stocks or have more than one house property, they are eligible for ITR-2. ITR-3 Individuals who have income from profits and gains of business will be eligible for ITR-3. ITR-4 ITR-4 can be filled by those individuals and HUFs (Hindu Undivided Family) who have an income of up ...