Income Tax Return Forms for Individual & HUF For AY 2021-22

1. ITR – 1 (SAHAJ) – Applicable for Individual– This form is applicable for a Resident (other than Not Ordinarily Resident) Individual having Total Income from any of the following sources upto Rs. 50 lakh.

♦ Salary/Pension

♦ One House Property

♦ Other sources

♦ Agricultural Income upto Rs.5000.

But, this ITR – 1 cannot be used by a person who:-

• Is a director in a Company.
• Has held any unlisted equity shares at anytime during the previous year.
• Has any asset (including financial interest in any entity) located outside India.
• Has any signing authority in any account located outside India.
• Has income from any source outside India.
• Is a person in whose case tax has been deducted u/s 194N.

2. ITR – 2 – Applicable for Individual& HUF – This form is applicable for Individual and HUF –

3. ITR – 3 – Applicable for Individual& HUF – This form is applicable for Individual and HUF –

4. ITR – 4 (SUGAM) – Applicable for Individual, HUF and Firm (Other than LLP)– This form is applicable for an Individual or HUF, who is Resident other than Not Ordinarily Resident) or a Firm having Total Income upto Rs. 50 lakh and having Income from Business and Profession which is computed on presumptive basis and income from any of the following sources:-

But, this ITR – 4 cannot be used by a person who:-

• Is a director in a Company.
• Has held any unlisted equity shares at anytime during the previous year.
• Has any asset (including financial interest in any entity) located outside India.
• Has any signing authority in any account located outside India.
• Has income from any source outside India.