Which ITR form should I file for AY 24-25?

The tax filing season is here and many of us often get confused as to what ITR form we should be filing. See, the ITD issues 7 ITR forms and the applicability of these forms are based on two things,

  • The type of taxpayer
  • The sources of Income

In case of individuals like us, any one of the first four forms will be applicable. The rest are for entities like LLPs, companies, and other associations.

Now, to decide the right form for you, you’ll have to ask a few questions.

  • What is my total income for the year?
  • What are my sources of income?

If your answer to the first question is more than ₹50 lakhs, you cannot file ITR-1 and ITR-4. Hence, you will have to go for either ITR-2 or ITR-3 based on what income you have.

The table below lists the forms along with the income sources.

If you still have doubts, you can reply below and we will help you determine the right form for you.