• May
  • 12
  • 2013

Form & mode of filling of Income Tax Return for AY 2013-14

CA Pardeep Kumar

Relevant Sections of Income Tax Act, 1961:

139(1), 139(3), 139(4A), 139(4B), 139(4C), 139(4D), 142(1), 148(1), 153A

All Applicable Return Forms for A Y 2013-14:

ITR – 1 (SAHAJ), ITR – 2, ITR – 3, ITR -4S (SUGAM), ITR – 4, ITR – 5, ITR – 6, ITR – 7

Filling of Income Tax Return in ITR-1 (SAHAJ)

Assessee Category: Only Individuals

Conditions:

Total Income Includes =

1. Salary/Family Pension

2. House Property (Only one house & no b/f loss under HP)

3. Other Sources (Except lottery, horse race)

Exceptions:- Assessee has –

i. Any asset located outside India; Covered under ITR -2
ii. Signing authority in any a/c outside India;
iii. Claimed relief u/s 90,90A or TDS u/s 91;
iv. has income, not  chargeable to tax exceeding Rs. 5,000/-

Filling of Income Tax Return in ITR-2

Assessee Category: Individuals (Not covered by ITR-1)/HUF

Conditions: Assessee has income from –

A. Salary/Family Pension and/or;

B. House Property and/or;

C. Other Sources and/or;

D. STCG/LTCG and/or;

E. Any asset located outside India and/or;

F. Signing authority in any a/c outside India and/or;

G. Claimed relief u/s 90, 90A or TDS u/s 91

H. has income, not chargeable to tax exceeding Rs. 5,000/-

MD

There is no income under head PGBP

Filling of Income Tax Return in ITR-3

Assessee Category: Individual/HUF – Partner in a Firm

Conditions: Assessee has PGBP income (from firm) only from –

1. Salary;

2. Interest;

3. Bonus;

4. Commission;

5. Remuneration.

Filling of Income Tax Return in ITR- 4S (SUGAM)

Assessee Category: Individual/HUF

Conditions: Assessee has income u/s 44AD/44AE.

Exceptions: Assessee has –

i. Any asset located outside India; Covered under ITR -4
ii. Signing authority in any a/c outside India;
iii. Claimed relief u/s 90,90A or TDS u/s 91;
iv. has income, not  chargeable to tax exceeding Rs. 5,000/-

Filling of Income Tax Return in ITR- 4

Assessee Category: Individual/HUF (Not covered by Form ITR-1,ITR-2,ITR-3,ITR-4S)

Conditions: Assessee has PGBP income.

Filling of Income Tax Return in ITR- 5

Assessee Category: AOP, BOI, Firm, Artificial Juridical Persons, Local Authority.

Filling of Income Tax Return in ITR- 6

Assessee Category: Every Company.

Filling of Income Tax Return in ITR- 7

Assessee Category: Person required to file ITR u/s 139(4A), 139(4B), 139(4C), 139(4D).

Mode of Filling Income Tax Return

1. Paper Form;

2. Electronic under digital signature

3. Electronic + ITR-V

4. Bar coded return in Paper Form

Assessee wise Mode of Filling

(A) Paper Form (B) Electronic Filling with or without digital signature (C) E-filling only with Digital Signatures
1. ITR -7I 1. Any person (non-company) plus 

Filling ITR – 7 plus

Total Income exceeds Rs. 5 Lakh

1. Firm filling ITR 5  or Individual/HuF filling ITR – 4 plus tax audit u/s 44AB
2. Not covered under category (B) or (C) 2. Individual/HUF plus ITR-2,ITR-3,ITR-4 plus having asset located outside India or signing authority in any a/c located o/s India. 2. ITR-6
3. Claim of relief u/s 90, 90A or TDS u/s 91

(The author, Pardeep Kumar, is a Chartered Accountant from Rohtak, Haryana. He can be reached at pardeep.kumar2@escorts.co.in)


One Response to “Form & mode of filling of Income Tax Return for AY 2013-14”

  1. Sj says:

    which form is to be used by NRI 9indiidual)

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