Apr 5, 2017

CBDT Notifies New Income Tax Return Form ITR 2 and ITR 3 for FY 2017-18

CBDT notifies new income tax return form ITR 2 and ITR 3 for financial year 2017-18. The department already issued ITR1 and ITR 4S SUGAM for for financial year 2017-18 which can be downloaded from the below link. 

There is lot of changes in income tax rules for the financial year 2017-18 as you need to file income tax return upto 31 July whereas for the prevoius return the last date of filing return of income was 31 March. 
CBDT Notifies New Income Tax Return Form ITR 2 and ITR 3 for FY 2017-18

CBDT Notifies New Income Tax Return Form ITR 2 and ITR 3 for FY 2017-18

ITR
Description
Excel Utility
Java Utility
ITR 1
For Individuals having Income from Salaries, one house property, other sources (Interest etc.) and having total income upto Rs.50 lakh
ITR 2
For Individuals and HUFs not carrying out business or profession under any proprietorship
ITR 3
For individuals and HUFs having income from a proprietary business or profession
ITR 4S
SUGAM
For presumptive income from Business & Profession

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