Archive · 18 Aug 2025
Tax Filing Guide: Choosing the Right ITR Form
When filing your taxes, it's super important to use the right form!
There's a deadline of September 15th.
If you have a simple income like a salary or interest, you might use ITR-1.
If you're self-employed or have more complex income, you may need ITR-3.
The income tax department has released different forms, and they are designed to fit the specific circumstances.
Make sure you select the right one to avoid any rejections.
Taxpayers must use the correct ITR form to file their returns.
The deadline for filing income tax returns for FY2024-25 is September 15.
ITR-1 (Sahaj) is for residents with income up to ₹50 lakh from specific sources.
ITR-2 is for individuals/HUFs ineligible for Sahaj and without business income.
ITR-3 is for individuals/HUFs engaged in business or professions with detailed accounts.
- Who
- Taxpayers filing income tax returns.
- What
- Information on different Income Tax Return (ITR) forms and their eligibility criteria.
- When
- September 15, 2024, is the deadline for FY2024-25.
- Where
- India
- Why
- To ensure taxpayers use the correct forms and avoid rejection.
- Deadline
- September 15
- ITR-1 (Sahaj) Eligibility
- Resident individuals with income up to ₹50 lakh from specific sources
- ITR-2 Use
- Individuals/HUFs without business income and not eligible for Sahaj
- ITR-3 Use
- Individuals/HUFs with income from business or profession
Sources
Your Money | No taxable income? Report capital gains
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