1. General Instructions
These instructions are guidelines for filling the particulars in this Return Form. In case of any doubt, please refer to relevant provisions of the Income-tax Act, 1961 and the Income-tax Rules, 1962.
2. Assessment Year for which this Return Form is applicable
This Return Form is applicable for assessment year 2016-17 only, i.e., it relates to income earned in Financial Year 2015-16.
3. Who can use this Return Form
This Return Form is to be used by an individual/ HUF/Partnership Firm whose total income for the assessment year 2016-17 includes:-
Note 1: The income computed shall be presumed to have been computed after giving full effect to every loss, allowance, depreciation or deduction under the Income-tax Act. Note 2: Further, in a case where the income of another person like spouse, minor child, etc. is to be clubbed with the income of the assessee, this Return Form can be used only if the income being clubbed falls into the above income categories.
4. Who cannot use this Return Form
SUGAM cannot be used in following cases
4. SUGAM form is not mandatory
SUGAM Business Form shall not apply at the option of the assessee, if –
In the above scenarios, Regular ITR-4 should be filed and not SUGAM.
5. Annexure-less Return Form
No document (including TDS Certificate) should be attached to this Return Form. All such documents enclosed with this Return Form will be detached and returned to the person filing the return.
6. Manner of filing this Return Form
This Return Form can be filed with the Income-tax Department in any of the following ways–
(i) By furnishing the return in a paper form;
(ii)By furnishing the return electronically under digital signature;
(iii)By transmitting the data in the return electronically under electronic verification code; (iv)By transmitting the data in the return electronically and thereafter submitting the verification of the return in Return Form ITR – V;
Where the Return Form is furnished in the manner mentioned at 6(iv), the assessee should printout two copies of Form ITR – V.
NOTE: One copy of ITR-V, duly signed by the assessee, has to be sent by post to – Post Bag No. 1, Electronic City Office, Bengaluru— 560 100, Karnataka. The other copy may be retained by the assessee for his record.
7. Filling out the acknowledgment
Only one copy of this Return Form is required to be filed. Where the Return Form is furnished in the manner mentioned at 6(i), the acknowledgment/ ITR-V should be duly filled.
8. Obligation to file return
Every individual whose total income before allowing deductions under Chapter VI-A of the Income-tax Act, exceeds the maximum amount which is not chargeable to income tax is obligated to furnish his return of income. The deductions under Chapter VI-A are mentioned in Part C of this Return Form. The maximum amount not chargeable to income tax in case of different categories of individuals is as follows:-
|Sl. No.||Category||Amount (in ₹)|
|(i)||In case of individuals below the age of 60 years||2,50,000|
|(ii)||In case of individuals, being resident in India, who are of the age of 60 years or more at any time during the financial year 2015-16 but below the age of 80 years i.e. born during 1.4.1936 to 31.3.1956||3,00,000|
|(iii)||In case of individuals, being resident in India, who are of the age of 80 years or more at any time during the financial year 2015-16 i.e. born before 1.4.1936||5,00,000|
|1||How to use / Enable E-filing Vault on Income Tax|
|2||Understanding Compliance Query of Income Tax Department|
|3||Rule 12 of Income Tax Rules wef 1st April 2016|
|4||Instructions for filing ITR-4S-SUGAM for AY 2016-17|
|5||Income Tax e-Filing DSC management utility|
|6||How to File Income Tax Return of a Deceased Assessee?|
|7||FAQs on filing the return of income|
|8||For whom e-filing of Income Tax Return (ITR) is Mandatory|
|9||Guide to know ITR applicable: Which ITR Applicable to whom?|
|10||How to reset password when activation link not confirmed while registering PAN in Income Tax Department|