Filing The Return Of Income - India Page 2

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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.
ITR – 4S
Also known as SUGAM is applicable to individuals or Hindu
Undivided Family or partnership firm who have opted for the
presumptive taxation scheme of section 44AD/44AE.
ITR – 4
It is applicable to an individual or a Hindu Undivided Family who is
carrying on a proprietary business or profession.
ITR – 5
This Form can be used by a person being a firm, LLP, AOP, BOI,
artificial juridical person referred to in section 2(31)(vii), co-
operative 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) or section 139(4E) or section
139(4F) shall not use this form (i.e., trusts, political parties,
institutions, colleges, investment fund etc.)
ITR – 6
It is applicable to a company, other than a company claiming
exemption under section 11 (exemption under section 11 can be
claimed by charitable/religious trust).
ITR – 7
It is applicable to a 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) or section 139(4E) or section 139(4F)
(i.e., trusts, political parties, institutions, colleges, investment fund
etc.).
ITR – V
It is the acknowledgement of filing the return of income.
Modes of filing the return of income
Return Forms can be filed with the Income-tax Department in any of the following ways,
-
(i) by furnishing the return in a paper form;
(ii) by furnishing the return electronically under digital signature;
(iii) by transmitting the data in the return electronically under electronic verification
code;
(iv) by transmitting the data in the return electronically and thereafter submitting
the verification of the return in Return Form ITR-V;
Note
[As amended by Finance Act, 2016]

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