There are 7 ITR forms, each meant for a different combination of income sources. Filing the wrong one can make your return invalid.
| Form | Who it's for |
|---|---|
| ITR-1 (Sahaj) | Resident individuals, income up to ₹50L, from salary, one house property, and other sources (interest etc). No capital gains or business income. |
| ITR-2 | Individuals/HUFs with capital gains, more than one house property, or foreign assets/income — but no business/professional income. |
| ITR-3 | Individuals/HUFs with income from business or profession. |
| ITR-4 (Sugam) | Individuals, HUFs, and firms (other than LLP) with presumptive business/professional income, up to ₹50L. |
| ITR-5 | Partnership firms, LLPs, AOPs, BOIs. |
| ITR-6 | Companies (other than those claiming exemption under Section 11). |
| ITR-7 | Trusts, political parties, and institutions required to file under specific sections. |
Using ITR-1 when you actually have capital gains (even a small amount from selling shares) is one of the most common filing errors. If you've sold any stocks, mutual funds, or property during the year, you'll need ITR-2 or ITR-3, not ITR-1.
Ready to file? See the exact steps.
Read: How to File Your ITR →Form applicability has specific exceptions and edge cases. Verify on the official e-filing portal or with a CA before filing.