https://www.taxtmi.com/article/detailed?id=8624 The note sets out ITR form applicability rules, mapping principal income heads to the appropriate return forms and listing precise exclusions. ITR 1 is for ordinarily resident individuals with salary/pension, one house property and limited other sources, subject to disqualifying conditions such as non residence, multiple house properties, capital gains, special incomes, foreign assets/income and treaty relief claims. ITR 2 is for individuals/HUFs without business income, ITR 3 for those with business/profession income, ITR 4 for eligible presumptive taxpayers with specified exclusions and audit obligations where presumptive schemes are not adopted, and ITR 5/6/7 for various non individual entities with specified exceptions. en-us Fri, 19 Jul 2019 06:22:20 +0530 Fri, 19 Jul 2019 06:22:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8624 The note sets out ITR form applicability rules, mapping principal income heads to the appropriate return forms and listing precise exclusions. ITR 1 is for ordinarily resident individuals with salary/pension, one house property and limited other sources, subject to disqualifying conditions such as non residence, multiple house properties, capital gains, special incomes, foreign assets/income and treaty relief claims. ITR 2 is for individuals/HUFs without business income, ITR 3 for those with business/profession income, ITR 4 for eligible presumptive taxpayers with specified exclusions and audit obligations where presumptive schemes are not adopted, and ITR 5/6/7 for various non individual entities with specified exceptions. Articles Income Tax Fri, 19 Jul 2019 06:22:20 +0530 https://www.taxtmi.com/article/detailed?id=8624