The Indian government has recently notified the PDF format of all the Income Tax Return (ITR) forms for AY 2024-2025 under the tax regime. It is mandatory for all the taxpayers in India to file their returns on time as per the government rules and guidelines. However, in order to make the tax compliance process relatively easy, the income tax department has categorized the taxpayers into different categories on the basis of income and source.
In this article, we will provide a complete description and process of ITR filing along with the PDF format of ITR 1, ITR 2, and 3 (AY 2024-25).
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Meaning & PDF Format of ITR 1 SAHAJ Form AY 2024-25
Let’s guide you about the format and form structure of the ITR Form 1. ITR Form 1 is also known as the Sahaj Form. The filing of the ITR-1 form is mandatory for all individual taxpayers in India who have income up to INR 50 lakh. The individuals who are earning their income from salary, pension, house property, and other sources must file a simple one-page ITR-1 Form. The ITR-1 SAHAJ Form is comprised of six major sections starting from Part A. Individuals in India can submit the form either online or offline.
Download the PDF Format of the ITR 1 (SAHAJ) Form for AY 2024-25
Meaning of ITR 2 Form with PDF Format AY 2024-25
ITR-2 Form filing is only mandatory for individuals and HUFs who are receiving income apart from the ‘Profits and Gains from Business or Profession’. In more specific terms, filing ITR-2 Form is mandatory for the individuals who are earning income from a salary or pension, house property, capital gains, investments, foreign assets, agricultural income (more than 5,000) and income from other sources, including winnings from lotteries, bets on Race Horses, and other forms of legal gambling. Both online and offline submission options are available for individuals to submit the form.
Download the PDF Format of the ITR 2 Form for AY 2024-25
ITR 3 Form Details with PDF Format AY 2024-25
The ITR-3 Form, unlike the ITR-2 Form, is applicable for individuals and HUFs, who are having gains and profits from the business or profession. More specifically, the individuals and HUfs who are carrying on a business and earning income from house property, salary or pension, and other sources are eligible for the ITR-3 Form. ITR-3 forms can be filed both online and offline by the individuals. The offline option is only available for those who are aged 80 years or more. Apart from these, individuals who have less than INR 5 lakh income and do not claim a refund on ITR can opt for the offline option.
Download the PDF Format of ITR 3 Form for AY 2024-25
