Which ITR form you should use to file your income tax return depends on your income sources and taxpayer category: Here’s how to pick right

While filing income tax returns, it is important to select the correct ITR form. The Income Tax Department has released updated forms for Assessment Year 2025-26. Individuals with salary, investments, or business income must choose carefully, depending on their category. ITR 1 suits simple incomes, while ITR 2 is for investors and NRIs. Business owners use ITR 3, and small businesses may use ITR 4.

from Tax-Wealth-Economic Times https://ift.tt/Vb73BGF