Income Tax in India : Guide to Filing Income Tax Return And Its Forms

Shivani | Last updated: 20 November 2023

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Quick Summary

This guide provides an overview of Income Tax Returns (ITR) in India, explaining what an ITR is and its purpose for individuals, businesses, and HUFs. It details various ITR forms applicable for Assessment Year 2023-2024, including ITR-1 for salaried individuals, ITR-2 and ITR-3 for individuals and HUFs with business income, and ITR-4 for presumptive income. The article also lists other important forms related to tax filing, such as Form 12BB, Form 16, and Form 26AS, explaining their specific uses.

On this page: What is Income Tax Return? Returns Applicable to Individual, Business and HUF for AY 2023-2024 ITR-1 Applicable for Salaried Individuals ITR-2 Applicable for Individual and HUF ITR-3 Applicable for Individual and HUF ITR-4 Applicable for Individual, HUF and

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1 Year PLAN

1999

(Excl. of GST ₹359)

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2 Years PLAN

3499

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999

(Excl. of GST ₹179)

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About the Author

Shivani

Finance Professional

I am passionate about simplifying finance, taxation, investing, insurance, and career trends into practical insights. Through my articles, I help readers make informed financial decisions, understand industry developments, and stay updated on personal finance, CA, and business topics.

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