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Form & mode of filling of Income Tax Return for A Y 2013-14

Relevant Sections of Income Tax Act, 1961:

139(1), 139(3), 139(4A), 139(4B), 139(4C), 139(4D), 142(1), 148(1), 153A

All Applicable Return Forms for A Y 2013-14:

ITR – 1 (SAHAJ)

ITR – 2

ITR – 3

ITR -4S (SUGAM)

ITR – 4

ITR – 5

ITR – 6

ITR – 7

Filling of Income Tax Return in ITR-1(SAHAJ)

Assessee Category: Only Individuals

Conditions:

Total Income Includes =   

1. Salary/Family Pension

2. House Property (Only one house & no b/f loss under HP)

3. Other Sources (Except lottery, horse race)

Exceptions:- Assessee has –

i. Any asset located outside India;

Covered under ITR -2

ii. Signing authority in any a/c outside India;
iii. Claimed relief u/s 90,90A or TDS u/s 91;
iv. has income, not  chargeable to tax exceeding Rs. 5,000/-  

Filling of Income Tax Return in ITR-2

Assessee Category: Individuals (Not covered by ITR-1)/HUF

Conditions: Assessee has income from –

A. Salary/Family Pension and/or;

B. House Property and/or;

C. Other Sources and/or;

D. STCG/LTCG and/or;

E. Any asset located outside India and/or;

F. Signing authority in any a/c outside India and/or;

G. Claimed relief u/s 90, 90A or TDS u/s 91

H. has income, not chargeable to tax exceeding Rs. 5,000/-

MD

There is no income under head PGBP

Filling of Income Tax Return in ITR-3

Assessee Category: Individual/HUF – Partner in a Firm

Conditions: Assessee has PGBP income (from firm) only from –

1. Salary;

2. Interest;

3. Bonus;

4. Commission;

5. Remuneration.

Filling of Income Tax Return in ITR- 4S (SUGAM)

Assessee Category: Individual/HUF

Conditions: Assessee has income u/s 44AD/44AE.

Exceptions: Assessee has –

i. Any asset located outside India;

Covered under ITR -4

ii. Signing authority in any a/c outside India;
iii. Claimed relief u/s 90,90A or TDS u/s 91;
iv. has income, not  chargeable to tax exceeding Rs. 5,000/-      

Filling of Income Tax Return in ITR- 4

Assessee Category: Individual/HUF (Not covered by Form ITR-1,ITR-2,ITR-3,ITR-4S)

Conditions: Assessee has PGBP income.

Filling of Income Tax Return in ITR- 5

Assessee Category: AOP, BOI, Firm, Artificial Juridical Persons, Local Authority.

Filling of Income Tax Return in ITR- 6

Assessee Category: Every Company.

Filling of Income Tax Return in ITR- 7

Assessee Category: Person required to file ITR u/s 139(4A), 139(4B), 139(4C), 139(4D).

Mode of Filling Income Tax Return

1. Paper Form;

2. Electronic under digital signature

3. Electronic + ITR-V

4. Bar coded return in Paper Form

Assessee wise Mode of Filling

(A) Paper Form

(B) Electronic Filling with or without digital signature

(C) E-filling only with Digital Signatures

1. ITR -7I

1. Any person (non-company) plus

Filling ITR – 7 plus

Total Income exceeds Rs. 5 Lakh

1. Firm filling ITR 5  or Individual/HuF filling ITR – 4 plus tax audit u/s 44AB

2. Not covered under category (B) or (C)

2. Individual/HUF plus ITR-2,ITR-3,ITR-4 plus having asset located outside India or signing authority in any a/c located o/s India.

2. ITR-6

3. Claim of relief u/s 90, 90A or TDS u/s 91


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Category Income Tax, Other Articles by - CA Pardeep Chanana 



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