Which Income Tax Form to use for ITR filing for Assessment Year 2014-15?

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Income Tax Return
Which form to use for Income Tax Filing
for Asst. Year 2014-15?
The Income Tax Department has come out with all Return Form
applicable for AY 2014-15. The below table will give you details of
usage of forms by Assessee.
Forms
Who can use this Return
Form
Who cannot use this
Return Form
ITR-1
SAHAJ
Indian
Individual
Income Tax
Return
This Return Form is to be
used by an individual whose
total income for the
assessment year 2012-13
includes:-
(a) Income from Salary/
Pension; or
(b) Income from One House
Property (excluding cases
where loss is brought
forward from previous years);
or
(c) Income from Other
Sources (excluding Winning
This return form
should not be used by
individual whose total
income includes:
a) Income from more
than one house
property
b) Income from winning
lottery or income from
race horses
c) Income under head
capital gains

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from Lottery and Income
from Race Horses)
Further in case of income of
another person like spouse,
minor child, etc is to be
clubbed with the Assessee,
this return form can be used
only if income being clubbed
falls into above form category
d)Income from
Agriculture / Exempt
income of more than Rs
5000/- .
e) Income from
Business or Profession
f) Loss under income
from Other Sources
g) Person Claiming
relief under Section 90
ot 91
h) any resident having
any asset (including
financial interest in any
entity) located outside
India or signing
authority in any
account located outside
India.
ITR-2
For
Individuals
and HUFs not
This Return Form is to be
used by an individual or a
Hindu Undivided Family
whose total income for the
This Return Form
should not be used by
an individual whose
total income for the

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having
Income from
Business or
Profession
assessment year 2014-15
includes:
a) Income from Salary /
Pension;
b) Income from House
Property
c) Income from Capital Gains
d) Income from Other
Sources
(including Winning from
Lottery and Income from
Race Horses)
Further, in a case where the
income of another person
like spouse, minor child, etc.
is to be clubbed with the
income of the assessee, this
Return Form can be used
where such income falls in
any of the above categories
assessment year 2014-
15 includes Income
from Business or
Profession.
NOTE:
A resident assessee
having any assets
(including financial
interest in any entity)
located outside India or
signing authority in
any account located
outside India, shall fill
out schedule FA and
furnish the return
in return electronically
under digital signature
or transmit data
electronically and
submit ITR V
ITR-3
This Return Form is to be
used by an individual or an
Hindu Undivided Family who
is a partner in a firm and
where income chargeable to
This Return Form
should not be used by
an individual whose
total income for the
assessment year 2013-

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income-tax under the head
“Profits or gains of business
or profession” does not
include any income except
the income by way of any
interest, salary, bonus,
commission or
remuneration, by whatever
name called, due to, or
received by him from such
firm. In case a partner in the
firm does not have any
income from the firm by way
of interest, salary, etc. and
has only exempt income by
way of share in the profit of
the firm, he shall use this
form only and not Form ITR-
2.
14 includes Income
from Business or
Profession under any
proprietorship.
ITR-4S
SUGAM
This Return Form is to be
used by an individual or a
Hindu Undivided Family
whose total income for the
assessment year 2014-15
includes:
a) Business income were
income is computed in
accordance with the special
provision under section
44AD and 44AE
This return form
should not be used to
file following incomes
a) Income from more
than one house
property
b) Income from winning
lottery or income from
race horses

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b) Income from Salary /
Pension
c) Income from other
source(Excluding Income
from Lottery and income
from race horse )
Further, in a case where the
income of another person
like spouse, minor child, etc.
is to be clubbed with the
income of the assessee, this
Return Form can be used
where such income falls in
any of the above categories
c) Income under head
capital gains
d) Income from
Agriculture / Exempt
income of more than Rs
5000/- .
e) Income from
Speculative Business
f) Income from
Profession
g) Person Claiming
relief under Section 90
ot 91
h) any resident having
any asset (including
financial interest in any
entity) located outside
India or signing
authority in any
account located outside
India

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ITR-4
This Return Form is to be
used by an individual or a
Hindu Undivided Family who
is carrying out a
proprietary business or
profession.
NA
ITR-5
This Form can be used a
person being a firm, LLPs,
AOP, BOI, artificial juridical
person referred to in
section 2(31)(vii), cooperative
society and local authority.
However, a person who is
required to file the return of
income under section
139(4A) or 139(4B) or
139(4C) or 139(4D) shall not
use this form.
This return form
should not be used by
individual and HUF
and Companies
ITR -6
This Form can be used by a
company, other than a
company claiming exemption
under section 11.
This return form
should not be used by
person other than
Companies
ITR- 7
This Form can be used by
persons including companies
who are required to furnish
return under section 139(4A)
or section 139(4B) or section
139(4C) or section 139(4D).
This return form
should not be used by
person other than
Companies

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Manner of filing the return form:
a) By furnishing the return in paper form
b) By furnishing return electronically with digital signature
c) By transmitting the data in the return electronically and there
after submitting ITR V to be send by speed post to Bengaluru.
A resident assessee having any assets (including financial interest
in any entity) located outside India or signing authority in any
account located outside India, shall fill out schedule FA and furnish
the return in the manner provided at either B) or c) above.
From the assessment year 2013-14 onwards all the assessees
having total income more than 5 lakh rupees are required to
furnish the return in the manner provided at B) or c) Also in case of
an assessee claiming relief under section 90, 90A or 91 to whom
Schedule FSI and Schedule TR apply, he has to furnish the return
in the manner provided at either B) or c)
From assessment year 2013-14 onwards in case an assessee who is
required to furnish a report of audit under sections 10(23C)(iv),
10(23C)(v), 10(23C)(vi), 10(23C)(via), 10A, 12A(1)(b), 44AB, 80-IA,
80-IB, 80-IC, 80-ID, 80JJAA, 80LA, 92E or 115JB he shall file the
report electronically on or before the date of filing the return of
income. Further, the assessee who is liable to file the above reports
electronically shall file the return of income in the manner provided
at either B) or c)

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Where the Return Form is furnished in the manner mentioned at c),
the assessee should print out two copies of Form ITR-V. One copy of
ITR-V, duly signed by the assessee, has to be sent by ordinary post
to Post Bag No. 1, Electronic City Office, Bangaluru–560100
(Karnataka). The other copy may be retained by the assessee for his
record.