Applicable Income Tax Returns Forms for Assessment Year 2011-12 -Notified by CBDT

 

The Central Board of Direct Taxes has notified new Income Tax Return Forms for the Financial Year 2010-11 and Assessment Year 2011-12.  The new return forms has been made effective vide Notification No. 18/2011 dated 5-4-2011 and the same shall be applicable from 1st April 2011.

For simplicity, the summary of applicable forms applicable to a respective category of taxpayer is mentioned below.

NEW RETURN FORMS FOR ASSESSMENT YEAR 2011-12

 

Form No.                 Particulars

ITR-1 SAHAJ        Indian Individual Income tax Return

ITR-2                       For Individuals and  HUFs not having Income from Business or Profession

ITR-3                       For Individuals/HUFs being partners in firms and not carrying out business or profession under

any proprietorship

SUGAM (ITR-4S) Sugam – Presumptive Business Income tax Return

ITR-4                        For individuals and HUFs having income from  a proprietory business or profession

ITR-5                        For firms, AOPs and BOIs

ITR-6                        For Companies other than companies claiming exemption under section 11

ITR-7                       For persons including companies required to furnish return under section 139(4A) or

section 139(4B) or section 139(4C) or section 139(4D)

ITR-V                       Acknowledgment