The Income Tax Department issued revised instructions for filing of Income Tax Return (ITR) 2, 3, 5, 6 & 7 for better clarity.

The department while issuing the Instruction for use of offline utilities guided that the taxpayer must select the Assessment Year, then download either excel or Java utility. The utility by default will get downloaded in your system ‘download’ folder in a compressed mode (ZIP file).

Finally Extract (un-compress) the zip file containing the utilities. The folder will be extracted in the same location where the compressed utility was downloaded. Open the utility and start filling.

The ITR 1 is in respect of individuals being a Resident (other than Not Ordinarily Resident) having Total Income upto Rs.50 lakhs, having Income from Salaries, One House Property, Other Sources (Interest etc.), and Agricultural Income upto Rs.5 thousand (not for an Individual who is either Director in a company or has invested in Unlisted Equity Shares).

The ITR 2 is in respect of individuals and HUFs not having income from profits and gains of business or profession.

The ITR 4 is in respect of Individuals, HUFs and Firms (other than LLP) being a Resident having Total Income upto Rs.50 lakhs and having income from Business and Profession which is computed under sections 44AD, 44ADA or 44AE (Not for an Individual who is either Director in a company or has invested in Unlisted Equity Shares).

The ITR 5 is in respect of persons other than Individual, HUF, Company and person filing Form ITR-7.

The ITR 6 is in respect of companies other than companies claiming exemption under section 11.

The ITR 6 is in respect of persons including companies required to furnish return under sections 139(4A) or 139(4B) or 139(4C) or 139(4D).