Forms at a glance (FY 2025-26)
- ITR-1 Sahaj: resident individuals, total income up to ₹50 lakh from salary, house property, other sources and small LTCG on listed equity.
- ITR-2: individuals/HUFs without business income – capital gains, foreign assets, NRIs, directors, income above ₹50 lakh.
- ITR-3: individuals/HUFs with business or professional income (including partners).
- ITR-4 Sugam: presumptive income, total up to ₹50 lakh (residents; firms other than LLPs).
- ITR-5, 6, 7: firms/LLPs/AOPs, companies, trusts.
Full guide: which ITR form should you file.
Frequently asked questions
What happens if I file the wrong ITR form?
The return may be treated as defective and you may receive a notice to correct it within 15 days, or you may need to file a revised return.
Which form for F&O trading?
F&O income is business income, so ITR-3 applies (or ITR-4 only if you opt for presumptive taxation and are otherwise eligible).
Can NRIs file ITR-1?
No. Non-residents and RNORs cannot use ITR-1.
Tool last reviewed 10 November 2026. Results are estimates for general guidance and are not professional advice.
Have a tax, GST or business question?
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