CBDT releases instructions for filling of ITR forms for AY 2020-21

The Central Board of Direct Taxes (CBDT) has issued the instructions for filling of Income-tax Return (ITR) forms for Assessment Year 2020-21.

The issued instructions will be helpful for taxpayers to fill the particulars in Income-tax Return (ITR) Form 1 to 7 for the Assessment Year 2020-21.

Form: ITR-1 (SAHAJ)

For individuals being a resident (other than not ordinarily resident) having total income upto INR 5 Million, having Income from Salaries, one house property, other sources (Interest etc.), and agricultural income upto INR 5000

Instructions: Click Here Form: ITR-2

For Individuals and HUFs not having income from profits and gains of business or profession

Instructions: Click Here Form: ITR-3

For individuals and HUFs having income from profits and gains of business or profession

Instructions: Click Here Form: ITR-4 (Sugam)

For Individuals, HUFs and Firms (other than LLP) being a resident having total income upto INR 5 Million and having income from business and profession which is computed under sections 44AD, 44ADA or 44AE

Instructions: Click Here Form: ITR-5

For persons other than- (i) individual, (ii) HUF, (iii) company and (iv) person filing Form ITR-7

Instructions: Click Here Form: ITR-6

For Companies other than companies claiming exemption under section 11

Instructions: Click Here Form: ITR-7

For persons including companies required to furnish return under sections 139(4A) or 139(4B) or 139(4C) or 139(4D) only

Instructions: Click Here Last updated: 29/10/2020 Taxation Department MBG Corporate Services

Tag: AY 2020-21, CBDT, Income Tax, Income Tax Return, ITR