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.
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CBDT Notifies New Income Tax Return Form ITR 2 and ITR 3 for FY 2017-18 |
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CBDT Notifies New Income Tax Return Form ITR 2 and ITR 3 for FY 2017-18 |
ITR
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Description
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Excel Utility
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Java Utility
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ITR 1
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For Individuals having Income from
Salaries, one house property, other sources (Interest etc.) and having total
income upto Rs.50 lakh
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ITR 2
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For Individuals and HUFs not carrying out
business or profession under any proprietorship
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ITR 3
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For individuals and HUFs having income from
a proprietary business or profession
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ITR 4S
SUGAM
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For presumptive income from Business &
Profession
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