Resident

Private Limited Company Public Limited Company Limited Liability Partnership Section 8 Company One Person Company Nidhi Company

Non-Resident

Liaison Office Branch Office Project Office Subsidiary Company Company Registration in India By Foreigners Global Capability Centre (GCC) in India

Registrations

GST Registration Import Export Code Registration In India Trademark Registration Start-up India Registration MSME Registration FCRA Registration

Regular Compliance

All Compliance Services Secretarial and FEMA Services Goods and Service Tax Direct Tax Services Accounting Services in India Payroll Services Virtual CFO Services

Compliance

ITR Filling Services Increase in Authorized Share Capital Change in Name of Company Strike off a company Appointment of Director Change of Objects

Advisory

ESOP Advisory in India Business Valuation Experts Market Study Legal and Tax Structuring Internal Audit Advisory Due Diligence FEMA Consultant and Advisor Business Deck/Information Memorandum Technical Accounting Advisory

Shareholders Agreement (SHA) Share Subscription Agreement (SSA) Share Purchase Agreement (SPA) Joint Venture Agreements Franchise Agreement Founder Agreement

Valuation

Business Valuation Valuation under Insolvency and Bankruptcy Code (IBC) Portfolio Valuation Valuation of Brands, Intangible Assets & Intellectual Property Fairness Opinion Services Financial Modelling Services | CompaniesNext Merger Valuation & Swap Ratio Valuation of Financial Securities, Instruments & Derivatives Valuation of Infrastructure Assets & Specialized Assets Acquisition Valuation Services Purchase Price Allocation (PPA) Valuation ESOP Valuation Services Startup Valuation Services Impairment Study for Intangible Assets and Goodwill Quick Value DCF Valuation ESOP Valuation

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Which ITR Form to fill?

Question

Which ITR Form to fill?

Expert Answer

Answered 21 Oct 2022

1944 views

Selection of ITR form depends on the nature of Income:

ITR-1	For Individuals (Resident) having Income from Salaries, one house property, other sources (Interest etc.) and having total income up to Rs.50 lakh. (Not for an Individual) who is either Director in a company or has invested in Unlisted Equity Shares)
ITR-2	For Individuals and HUFs not carrying out any business or profession
ITR-3	For individuals and HUFs having income from business or profession.
ITR-4	For individuals, HUF’s and firms (being resident) having u/s 44AD, 44ADA and 44AE and having a total income upto INR 50 lakhs (Not for an Individual who is either Director in a company or has invested in Unlisted Equity Shares)
ITR-5	For persons other than:- Individual HUF Company Person filing Form ITR-7
ITR-6	For Companies other than companies claiming exemption under section 11
ITR-7	For persons including companies required to furnish return under sections 139(4A) or 139(4B) or 139(4C) or 139(4D) or 139(4E) or 139(4F)

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