All Income Tax Return forms are now available online
By Team Legistify / 2017-05-20

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Since 1 April, the income tax department has been uploading the various income tax return (ITR) forms for assessment year (AY) 2017-18. And now, all of them are available online at the income-tax department’s e-filing website www.inometaxefiling.gov.in . If all your documents are in place, you can now e-file the tax returns. Also note that the number of ITR forms has been reduced to seven for this assessment year, compared to nine forms in the previous one. Now let’s read more about e-filing taxes.

Almost everybody has to e-file the tax return

All income tax assessees can file their returns online, however there are exemption for very senior citizens (individual above 80 years, at any time during the previous year) or an individual or Hindu undivided family (HUF) having income of less than Rs5 lakh and who have not claimed any refund in the return of income, can also file their returns in physical forms. Rest all are compulsory required to e-file their ITRs.

Rationalised ITR Forms

In order to simplify the filing of taxes, the Central Board of Direct Taxes (CBDT) has made some amendments in the ITR forms. For the current assessment year, the numbers of forms have been reduced to seven, from nine, because in place of three ITR forms—ITR-2, ITR-2A and ITR-3—a single ITR-2 has been notified. Consequently, ITR-4 has been renumbered as ITR-3 and ITR-4S (Sugam) as ITR-4 (Sugam).

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