Article discusses who can use ITR 1 (SAHAJ), ITR 2, ITR 3  and ITR 4 Sugam Form for Assessment Year 2018-19 or Say Financial Year 2017-18.

Who can use ITR 1 (SAHAJ) for Assessment Year 2018-19 or Financial Year 2017-18?

  • Income from Salary/Pension
  • Income from 1 house property (except those cases where loss is carried forward from previous year
  • Income from other sources( except income from lottery, winning from race horses, etc)
  • Total income <= Rs.50 lakhs.
  • No income from Capital Gains.
  • Agricultural income <=Rs.5,000/-
  • No Income from Business or Profession
  • No income from outside India

Who can use ITR 2 for Assessment Year 2018-19 or Financial Year 2017-18?

  • Income from Salary/Pension
  • Income from more than 1 house property
  • Income from Capital Gains
  • Income from Other Sources (including winnings from lottery and income from race horses)
  • Agricultural income of more than Rs 5,000
  • Income from outside India or having asset abroad
  • No Income from Business or Profession

Who can use ITR 3 for Assessment Year 2018-19 or Financial Year 2017-18?

  • Individuals & HUFs, who are having proprietary business, profession or having income as a partner in a Partnership firm, can file this return form.
  • Earlier this form was named as ITR 4
  • Income from Salary/Pension
  • Income from more than 1 house property
  • Income from Other Sources (including winnings from lottery and income from race horses)

Who can use ITR 4 Sugam Form for Assessment Year 2018-19 or Financial Year 2017-18?

  • This form can be used by an individual/ HUF/ Partnership firm who show their income under presumptive scheme u/s 44AD, 44ADA & 44AE
  • Agricultural income <=Rs.5,000/-
  • No income from Speculative Business and other special incomes
  • No income from an agency business or income in the nature of commission or brokerage
  • Income from Salary/Pension
  • Income from 1 house property (except those cases where loss is carried forward from previous year
  • Income from other sources( except income from lottery, winning from race horses, etc)
  • No asset outside India
  • No income from abroad

Author Bio

Qualification: CA in Practice
Company: JItender Kanswal & Co
Location: Dehradun, Uttarakhand, IN
Member Since: 31 Jan 2018 | Total Posts: 6
A qualified Chartered Accountant having around 5 years of experience in accounts & finance field. Skilled in project analysis, variance analysis, project report preparation & financial reporting. View Full Profile

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Tags : ITR (611) itr 1 (66) itr 2 (57) ITR 3 (32) ITR 4S Sugam (9)

7 responses to “Who can use ITR 1, ITR 2, ITR 3 and ITR 4 Sugam for A.Y. 2018-19”

  1. Sandesh ratanlal Shah says:

    What is itr forpredumtive income with aggricuture incomemore than 5000

  2. R N Dash says:

    It is not clear whether ITR 1 and 2 can be filed by HUF a

  3. P.P. Kannu says:

    Sir, I have sold a vacant house plot of 4904 sq.ft which was purchased for Rs. 37,000/- during 1992 and now (April2018) sold for Rs.15 Lakhs( under distrus sale) whereas the the sale registration done for the Govt. Guide line of Rs. 32,85,680/-
    The reason for the distrus sale was due to the occupation of TNEB, 230KV O/H Transmission Tower for which I have received a small compensation of Rs. 77,670/- after a court vertict. Please guide me for the capital gain tax procedure and whether I have to Tax file now itself or next year 2019-20

  4. CA DILEEP GANDHI says:

    income from compulsary acquisitation of land by goverment on which tds has been deducted and this income is exempt in which ITR APPLICABLE and whre to show

  5. CA DILEEP GANDHI says:

    income from compulsary acquisitation of land by goverment on which tds has been deducted and this income is exempt

  6. Kaushik says:

    There is no such form called ITR 4S now and ITR 3 has amended last year, this is such a wrong article

    • cajitender1986 says:

      I really appreciate your participation and suggestion. But pls could you tell me where is “ITR 4S” written in this article and pls go through this link if you have any doubts. Because it is very easy to say”this is such a wrong article” as said by you but it takes time and effort to write an artcile. So I request you to never disregard anybody’s effort without knowing full facts.
      https://www.incometaxindia.gov.in/Pages/downloads/income-tax-return.aspx

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