April 6 (WTN) ; The Central Board of Direct Taxes(CBDT), Department of Revenue, Ministry of Finance, Government of India  has notified Income Tax Return Forms (ITR Forms) for the Assessment Year 2018-19. The last date for filing the ITR is July 31. The new ITR form mandates salaried class assessees to provide their salary breakup and businessmen their GST number and turnover.

A one page ITR Form-1(Sahaj) has been notified. ITR Form-1 (Sahaj) can be filed by an individual who is resident of India and  having income upto Rs.50 lakh from salary, one house property / other income (interest etc.). Further, the parts relating to salary and house property have been rationalised and furnishing of basic details of salary (as available in Form 16) and income from house property have been mandated.

Download ITR Form-1 (Sahaj)

ITR Form-2 has also been rationalized by providing that Individuals and Hindu Undivided Family (HUFs ) having income under any head other than business or profession shall be eligible to file ITR Form-2.  

Download . ITR Form-2

The Individuals and Hindu Undivided Family (HUFs) having income under the head business or profession shall file either ITR Form-3 or ITR Form-4 (in presumptive income cases).

Download ITR Form-3
Download ITR Form-4

In case of non-residents, the requirement of furnishing details of any one foreign Bank Account has been provided for the purpose of credit of refund. Further, the requirement of furnishing details of cash deposit made during a specified period as provided in ITR Form for the Assessment Year 2017-18 has been done away with from Assessment Year 2018-19.

All these ITR Forms are to be filed electronically. However, where return is furnished in ITR Form-1 (Sahaj) or ITR-4 (Sugam), the following persons have an option to file return in paper form:-
(i)  An Individual of the age of 80 years or more at any time during the previous year; or
(ii) An Individual or HUF whose income does not exceed five lakh rupees and who has not claimed any refund in the Return of Income.

Download Form No.:ITR-5

For Companies other than companies claiming exemption under section 11

Download Form No.:ITR-6

For persons including companies required to furnish return under sections 139(4A) or 139(4B) or 139(4C) or 139(4D) or 139(4E) or 139(4F)

Download Form No.:ITR-7

Download Acknowledgement

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