Central Board of Direct Taxes has issued Notification No.16/2018 and has released the new Income Tax Return Forms for Assessment Year 2018-19.
The description for each form are laid in the below table:
| Sl No. | ITR | Description |
| 1 | ITR-1-Sahaj | For Individuals being a resident other than not ordinarily resident having Income from Salaries, one house property, other sources (Interest etc.) and having total income upto Rs.50 lakh |
| 2 | ITR-2 | For Individuals and HUFs not having income from profits and gains of business or profession |
| 3 | ITR-3 | For Individuals and HUFs having income from profits and gains of business or profession |
| 4 | ITR-4-Sugam | For Presumptive income from business & profession |
| 5 | ITR-5 | For persons other than- (i) Individual, (ii) HUF, (iii) company and (iv) person filing Form ITR-7 |
| 6 | ITR-6 | For Companies other than companies claiming exemption under section 11 |
| 7 | ITR-7 | For persons including companies required to furnish return under sections 139(4A) or 139(4B) or 139(4C) or 139(4D) or 139(4E) or 139(4F) |
| 8 | ITR-V | ITR Acknowledgement |
For further information please refer the attached document.
Source: Central Board of Direct Taxes
