The filing of income tax return (ITR) is compulsory for those individuals whose annual income is above the basic exemption ...

Here's a detailed guide on how to file ITR returns online and check their status ... For professionals or business owners ITR-4: For presumptive income (under Sections 44AD, 44ADA, etc.) ...

Currently, there are 7 forms notified by the department - ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6, and ITR-7. It is crucial ...

Two of the most commonly used ones — ITR-1 (Sahaj) and ITR-4 (Sugam) — are designed for ease but come with distinct eligibility rules. Understanding ITR-1 (Sahaj) This form is tailored for ...

Senior citizens are given an exemption limit up to Rs 3,00,000 while very senior citizens (people above the age of 80) have a ...

ITR-4 and ITR-5. With respect to ITR-2, there was a growth of 34.69 percent in FY 2025. For ITR-1, there was a marginal increase of 0.54 percent, and for ITR-3, there was 16.66 percent increase.