Which ITR Form is Right for You?
There are 4 ITR forms for individuals — each for a specific income profile. Click the card that matches your situation to get started with expert CA-assisted filing.
For resident individuals earning salary or pension income with one house property and other sources. Total income must not exceed ₹50 Lakhs. No capital gains, no business income, no foreign assets.
For those with capital gains from shares, mutual funds, property or crypto; NRI or RNOR status; foreign assets; income from multiple house properties; or total income exceeding ₹50 Lakhs.
For individuals and HUFs with business income, professional income (freelancers, doctors, CAs), F&O trading income, or partnership firm partners. Covers all income heads — salary, capital gains, house property, and foreign income alongside business income.
For small businesses (Section 44AD, turnover ≤ ₹3 Crore), specified professionals (Section 44ADA, receipts ≤ ₹75 Lakhs), and goods transport operators (Section 44AE). Declare a fixed % of turnover as income — no books of accounts required. Total income must not exceed ₹50 Lakhs.
ITR Form Comparison at a Glance
| Income / Condition | ITR-1 | ITR-2 | ITR-3 | ITR-4 |
|---|---|---|---|---|
| Salary / Pension | ✓ Yes | ✓ Yes | ✓ Yes | ✓ Yes |
| One House Property | ✓ Yes | ✓ Yes | ✓ Yes | ✓ Yes |
| Multiple House Properties | ✗ No | ✓ Yes | ✓ Yes | ✗ No |
| Capital Gains (Shares / MF / Property) | ✗ No | ✓ Yes | ✓ Yes | ✗ No |
| Business / Professional Income | ✗ No | ✗ No | ✓ Yes (with books) | ◑ Presumptive only |
| F&O / Intraday Trading Income | ✗ No | ✗ No | ✓ Yes | ✗ No |
| NRI / RNOR Status | ✗ No | ✓ Yes | ✓ Yes | ✗ No |
| Foreign Assets / Foreign Income | ✗ No | ✓ Yes | ✓ Yes | ✗ No |
| Total Income Exceeds ₹50 Lakhs | ✗ No | ✓ Yes | ✓ Yes | ✗ No |
| Director in a Company | ✗ No | ✓ Yes | ✓ Yes | ✗ No |
| Books of Accounts Required | No | No | Yes | No |
| Tax Audit (Sec 44AB) | Never | Never | If turnover > threshold | If opt-out & below rate |
| Due Date AY 2026-27 | 31 Jul 2026 | 31 Jul 2026 | 31 Jul / 31 Oct 2026 | 31 Jul 2026 |
⚠️ Filing the wrong ITR form is a defective return
Under Section 139(9), filing an incorrect ITR form results in the Income Tax Department issuing a defective return notice. You are required to re-file the correct form within 15 days. This can also delay your refunds and invite scrutiny. Always verify your applicable ITR form with an expert before filing. Not sure? Call +91 94151 79453 for a free consultation.
Not Sure Which ITR Form Applies to You?
Our CA experts will assess your income profile and guide you to the correct form — free of charge. Accurate ITR filing for AY 2026-27, due 31st July 2026.