Which ITR for Director?

Which ITR is applicable for the director of unlisted company not having business income ITR 3 or ITR 2?
Replies (8)
Quick Summary
This discussion clarifies which Income Tax Return (ITR) form a director of an unlisted company should use when they do not have business income. The consensus is that if a director's income sources do not include profits or gains from a business or profession, then ITR 2 is the applicable form. ITR 3 is specifically for individuals or HUFs carrying on a business or profession.

Itr 2
Like an individual category ITR2
Okay Thank you
Itr 1
Bhai kaunse college se CA kar rha hai Krishna Chaudhary
Extremely sorry.

The Current ITR3 Form is to be used by an individual or a Hindu Undivided Family who have income from proprietary business or are carrying on profession. The persons having income from following sources are eligible to file ITR 3 : Carrying on a business or profession. If you are an Individual Director in a company.
Director not having business income should file ITR2.

The ITR 3 is applicable for individual and HUF who have income from profits and gains from business or profession. ITR 2 – For Individuals and HUFs not having income from profits and gains of ... and having income from Business and Profession which is computed under ... is either Director in a company or has invested in Unlisted Equity Shares)

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