ITR-1 (For an individual who has income from Salary/Pension and Interest) 

ITR Form 1, also known as Sahaj Form, is an income tax return form used by individual taxpayers who earn income from salary or pension, one house property, or other sources (excluding lottery winnings and income from racehorses).

This form is divided into two parts - Part A and Part B. Part A contains personal information, income details, tax computation, and tax payment information. Part B is a summary of the income and tax calculation.

Individuals can file their income tax return using ITR Form 1 electronically on the Income Tax Department's e-filing website or by using offline utilities provided by the Department. The due date for filing ITR Form 1 for individuals is usually July 31st of the following financial year.

ITR-2 (For an individual who has income under different head except PGBP).

ITR Form 2 is an income tax return form used by individuals and Hindu Undivided Families (HUFs) who have income from salary, pension, or more than one house property, or have capital gains or other sources of income, but do not have income from business or profession.

The ITR Form 2 can be filed by taxpayers whose total income for the year is more than Rs. 50 lakh. This form is also used by taxpayers who have income from foreign assets or have claimed relief under Section 90/90A/91 of the Income Tax Act.

The ITR Form 2 requires the taxpayer to provide details of their income, deductions, tax payable, and any taxes already paid. It also requires the taxpayer to disclose details of any foreign assets and foreign income, if applicable.

The due date for filing ITR Form 2 is usually July 31st of the assessment year (i.e., the year following the financial year for which the return is being filed). However, the government may extend the due date in certain cases.

ITR-3  (For partners in a partnership firm)

ITR Form 3 is an income tax return form in India that is used by individuals and Hindu Undivided Families (HUFs) who have income from business or profession. This form is also known as ITR-3 and is part of the income tax return forms notified by the Central Board of Direct Taxes (CBDT).

The ITR-3 form is required to be filed by individuals and HUFs who have income from any of the following sources:

1. Income from business or profession
2. Income from salary or pension
3. Income from house property
4. Income from capital gains
5. Income from other sources

The ITR-3 form needs to be filed online on the Income Tax Department's e-filing website or can be filed manually by submitting a physical copy of the form at the designated income tax office.

It is important to note that the due date for filing the ITR-3 form varies depending on the taxpayer's status and whether tax audit is applicable or not. It is advisable to consult a tax professional or refer to the income tax department's website for the latest information on the due date for filing the ITR-3 form.

ITR-4 (FOR INDIVIDUAL HAVING INCOME  FROM PGBP)

ITR Form 4 is an income tax return form that is filed by individuals and Hindu Undivided Families (HUFs) who have income from proprietary business or profession. This form is also known as Sugam and is meant for taxpayers who have opted for the presumptive taxation scheme under Section 44AD, Section 44ADA, or Section 44AE of the Income Tax Act.

ITR Form 4 is divided into two parts – Part A and Part B. Part A of the form contains the general information about the taxpayer such as name, address, PAN, etc. Part B contains details of income from business or profession and the tax payable.

In order to file ITR Form 4, the taxpayer needs to provide details of their gross receipts, business expenses, depreciation, and any other income earned during the financial year. The tax liability is calculated based on the presumptive rate of taxation prescribed under Section 44AD, Section 44ADA, or Section 44AE.

Once the details are filled in the form, the taxpayer needs to verify it and submit it online on the income tax department's website or physically at the designated income tax office. It is important to file the income tax return within the due date to avoid any penalty or interest on the outstanding tax liability.

 ITR-5 (FOR AOP/BOI)

ITR Form 5 is an income tax return form that is used by individuals, Hindu Undivided Families (HUFs), firms, LLPs, AOPs, BOIs, and any other person except for companies and persons who are required to file returns under ITR-7.

ITR-5 is used to file the income tax return for those who earn income from business or profession, capital gains, and other sources. It is applicable to those who are not eligible to file returns under ITR-1, ITR-2, ITR-3, and ITR-4.

The ITR-5 form has to be filed online, and the return can be filed using a digital signature or by sending a signed copy of the ITR-V form to the Income Tax Department.

The due date for filing ITR-5 is generally July 31 of the assessment year. However, it can be extended by the Income Tax Department for certain individuals based on their circumstances.

ITR-6 (FOR COMPANY)

ITR Form 6 is an Income Tax Return form that is used by companies, other than companies claiming exemption under section 11 of the Income Tax Act, 1961. It is applicable for those companies whose total income includes income from business or profession.

The form requires detailed information about the company's income, deductions, taxes paid, and other relevant financial information. It also requires information about the company's assets and liabilities, along with details of its directors and shareholders.

ITR Form 6 must be filed by the company before the due date specified by the Income Tax Department. The due date for filing ITR Form 6 for companies is generally 30th September of the assessment year.

It is recommended that companies seek professional assistance while preparing and filing their ITR Form 6, as any errors or omissions in the form may result in penalties or legal consequences.

ITR -7 

ITR Form 7 is an income tax return form that is applicable to persons including companies, firms, and individuals who are required to furnish return under Section 139(4A) or Section 139(4B) or Section 139(4C) or Section 139(4D) of the Income Tax Act.

The following persons are required to file ITR Form 7:

1. Companies
2. Firms
3. Local authorities
4. Association of persons (AOPs)
5. Body of Individuals (BOIs)
6. Artificial Juridical Persons (AJP)

ITR Form 7 has to be filed online on the income tax e-filing portal. The due date for filing ITR Form 7 is generally 30th September of the assessment year for which the return is being filed. However, the due date can be extended by the government in certain circumstances.

The ITR Form 7 contains various schedules and parts, which need to be filled as per the requirements of the taxpayer. It is recommended that taxpayers take the help of a tax professional or a chartered accountant while filing ITR Form 7 to ensure accurate and error-free filing.