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TMI BlogReturn of incomeX X X X Extracts X X X X X X X X Extracts X X X X ..... except winnings from lottery or income from race horses 21[and does not have any loss under the head], be in Form 7[SAHAJ] (ITR-1) and be verified in the manner indicated therein;] 22[Provided that the provisions of this clause shall not apply to a person who,- 79[(I) has assets (including financial interest in any entity) located outside India; (IA) has signing authority in any account located outside India; (IB) has income from any source outside India; (IC) has income to be apportioned in accordance with provisions of section 5A;] 84[(ID) has claimed deduction under section 57, other than deduction claimed under clause (iia) thereof; (IE) is a director in any company; (IF) has held any unlisted equity share at any time during the previous year; (IG) is assessable for the whole or any part of the income on which tax has been deducted at source in the hands of a person other than the assesse;] (II) has claimed any relief of tax under sections 90 or 90A or deduction of tax under section 91; 63[***] (III) 53[has agricultural income, exceeding five thousand rupees;]] 64[(IV) has total income, exceeding fifty lakh rupees; (V) has income taxable under secti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... me of the nature specified in clause (vi) of sub-section (2) of section 17 on which tax is payable or deductible, as the case may be, under sub-section (2) of section 191 or sub-section (1C) of section 192;.] (d) in the case of a person being an individual or a Hindu undivided family other than the individual or Hindu undivided family referred to in clause (a) 70[***] or clause (c) 9[or clause (ca)] and 81[having income under the head] business or profession, be in 71[ Form No. ITR-3 ] and be verified in the manner indicated therein; (e) in the case of a person not being an individual or a Hindu undivided family or a company or a person to which clause (g) applies, be in Form No. ITR-5 and be verified in the manner indicated therein; (f) in the case of a company not being a company to which clause (g) applies, be in Form No. ITR-6 and be verified in the manner indicated therein; (g) in the case of a person including a company whether or not registered under section 25 of the Companies Act, 1956 (1 of 1956), required to file a return under sub-section (4A) or sub-section (4B) or sub-section (4C) or sub-section (4D) 87[******] of section 139, be in Form No. ITR-7 and be verif ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ; (c) In any other case (A) Electronically under digital signature; or (B) Transmitting the data electronically in the return under electronic verification code; or (C) Transmitting the data in the return electronically and thereafter submit ting the verification of the return in Form ITR-V.] 2. Company In all cases. Electronically under digital signature. 3 A person required to furnish the return in Form ITR-7 (a) In case of a political party; Electronically under digital signature; (b) In any other case (A) Electronically under digital signature; or (B) Transmitting the data in the return electronically under electronic verification code; or (C) Transmitting the data in the return electronically and thereafter submitting the verification of the return in Form ITR-V. 4. Firm or limited liability Partnership or any person (other than a Person mentioned in Sl. 1 to 3 above) who is required to file return in Form ITR-5 (a) Accounts are required to be audited under section 44AB of the Act; Electronically under digital signature; (b) In any other case. (A) Electronically under digital signature; or (B) Transmitting the data in the return electronically under ele ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vide Notification No. 50/2008 dated 28/3/2008, or the words, figures and letters "on the 1st day of April, 2007", the words, figures and letters "on the 1st day of April, 2008" substituted vide Notification No. 32/2009 (9th amendment rules, 2009), further for the figures "2008" the figures "2009" substituted vide notification no. 29/2010 dated 23-4-2010 and vide notification no. 33/2010 dated 11/5/2010. Further for the figures "2009" the figures "2010" substituted vide notification no. 18/2011 dated 5-4-2011 Further Substituted vide Notification No.14/2012, Dated 28-3-2012, before it was read as:- "2010" 3. For the words and figures "Form No. ITR-1", at both the places where they occur, the words and figures "Form SARAL-II (ITR-1)", has been substituted vide notification no. 33/2010 dated 11/5/2010 4. Substituted vide vide notification no. 33/2010 dated 11/5/2010, before it was read as, "(a)in the case of a person being an individual where the total income includes income chargeable to income-tax under the head Salaries or income in the nature of family pension as defined in the Expl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ) a firm required to furnish the return in Form ITR-5 and to whom provisions of section 44AB are applicable shall furnish the return in the manner specified in clause (ii) or clause (iii); (aa) an individual or HUF required to furnish the return in Form ITR-4 and to whom provisions of section 44AB are applicable shall furnish the return for Assessment Year 2010-11 and subsequent Assessment Years in the manner specified in clause (ii) or clause (iii);" 15. Inserted vide Notification No.14/2012, DATED 28-3-2012 16. in sub-rule (3), in the proviso, clause (a) shall be renumbered clause (aaa) and before clause (a), as so renumbered the following clauses has been Inserted vide Notification No.14/2012, Dated 28-3-2012 17. Substituted vide Notification No.25/2012, Dated 2-7-2012, before it was read as:- "being an individual, who is a resident" 18. Substituted vide Notification No.25/2012, Dated 2-7-2012, before it was read as:- "being an individual or Hindu undivided family, who is a resident" 19. Inserted vide Notification No.25/2012, Dated 2-7-2012, 20. Substituted vide Notification No. 34/2013 dated 1/05/2013, before it was read as:- "2012", 21. Inserted vide Notificatio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ril, 2014. Before it was read as, 20[2013] 37. Inserted vide NOTIFICATION NO. 24/2014, Dated: April 1, 2014 w.e.f. 1st day of April, 2014. 38. Inserted vide NOTIFICATION NO. 24/2014, Dated: April 1, 2014 w.e.f. 1st day of April, 2014. 39. Substituted vide NOTIFICATION NO. 24/2014, Dated: April 1, 2014 w.e.f. 1st day of April, 2014. Before it was read as, " (b) a person required to furnish the return in Form ITR-7 shall furnish the return in the manner specified in clause (i) 29[or clause (ii) or clause (iii)]." 40. Inserted vide NOTIFICATION NO. 24/2014, Dated: April 1, 2014 w.e.f. 1st day of April, 2014. 41. Substituted vide NOTIFICATION NO. 24/2014, Dated: April 1, 2014 w.e.f. 1st day of April, 2014. Before it was read as, "31[2012]" 42. Inserted vide NOTIFICATION NO. 28/2014 dated 30th day of May, 2014 w.e.f. 1st day of April, 2014. 43. Inserted vide NOTIFICATION NO. 28/2014 dated 30th day of May, 2014 w.e.f. 1st day of April, 2014. 44. Substituted vide NOTIFICATION NO. 28/2014 dated 30th day of May, 2014 w.e.f. 1st day of April, 2014. Before it was read as "or section 115JB" 45. Inserted vide Not. 41/2015 - Dated 15-4-2015 w.e.f. 1st day of April, 2015 46. S ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... relief of tax under section 90 or 90A or deduction of tax under section 91 of the Act, other than a person to whom clause (aaa) or clause (ab) is applicable, shall furnish the return for assessment year 2013-14 and subsequent assessment years in the manner specified in clause (ii) or clause (iii) ] 38[(aac) a person required to furnish the return in Form ITR-5, other than a firm to which clause (aaa) is applicable, shall furnish the return for the assessment year 2014-15 and subsequent assessment years in the manner specified in clause (ii) or clause (iii);] (ab)a company required to furnish the return in Form ITR-6 shall furnish the return for Assessment Year 2010-11 and subsequent Assessment Years in the manner specified in clause (ii)] 39[(b) a person required to furnish the return in Form ITR-7 shall furnish the return for assessment year 2014-15 and subsequent assessment years,- (A) in case it is furnished under sub-section (4B) of section 139, in the manner specified in clause (ii); (B) in other cases, in the manner specified in clause (i) or clause (ii) or clause (iii):] 35[Provided further that a person who is required to furnish any report of audit referred to in pro ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lies or a Hindu undivided family where the total income does not include any income chargeable to income-tax under the heads "Profits or gains of business or profession" and "Capital gains" and to whom the provisions of clause (I) and clause (II) of the proviso to clause (a) does not apply, be in Form No. ITR-2A and be verified in the manner indicated therein;]" 66. Substituted vide Not. 21/2017 - Dated 30-3-2017, w.e.f. 1st day of April, 2017, before it was read as, "(c) in the case of a person being an individual or a Hindu undivided family who is a partner in a firm and where income chargeable to income-tax under the head Profits and gains of business or profession does not include any income except the income by way of any interest, salary, bonus, commission or remuneration, by whatever name called, due to, or received by him from such firm, be in Form No. ITR-3 and be verified in the manner indicated therein;" 67. Substituted vide Not. 21/2017 - Dated 30-3-2017, w.e.f. 1st day of April, 2017, before it was read as,"business income and such income is computed in accordance with special provisions, referred to in section 44AD and section 44AE of the Act f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ting the data in the return electronically and thereafter submitting the verification of the return in Form ITR-V; or (D) Paper form; 74. Substituted vide Not. 21/2017 - Dated 30-3-2017, w.e.f. 1st day of April, 2017, before it was read as, "61[ 2015 ]" 75. Inserted vide Not. 80/2017 - Dated 18-8-2017 76. Substituted vide F. No.16/2018/ F.No.370142/1/2018-TPL - Dated 03-04-2018, before it was read as, "62[2017]" 77. Substituted vide F. No.16/2018/ F.No.370142/1/2018-TPL - Dated 03-04-2018, before it was read as, "an individual" 78. Inserted vide F. No.16/2018/ F.No.370142/1/2018-TPL - Dated 03-04-2018, 79. Substituted vide F. No.16/2018/ F.No.370142/1/2018-TPL - Dated 03-04-2018, before it was read as, "(I) is a resident, other than not ordinarily resident in India within the meaning of sub-section (6) of section 6 and has,- (i) assets (including financial interest in any entity) located outside India; or 47[(ii) signing authority in any account located outside India; or (iii) income from any source outside India;]" 80. Substituted vide F. No.16/2018/ F.No.370142/1/2018-TPL - Dated 03-04-2018, before it was read as, "der ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ted 03-01-2020 w.e.f. 01-04-2020 before it was read as "89[2018]" 95. Inserted vide NOTIFICATION NO. 31/2020 dated 29-05-2020 96. Omitted vide NOTIFICATION NO. 31/2020 dated 29-05-2020 before it was read as "92[(VII) owns a house property in joint-ownership with two or more persons; or (VIII) is required to furnish a return of income under seventh proviso to sub-section (1) of section 139.]" 97. Omitted vide NOTIFICATION NO. 31/2020 dated 29-05-2020 before it was read as "93[(VI) owns a house property in joint-ownership with two or more persons.]" 98. Substituted vide NOTIFICATION NO. 21/2021 dated 31-03-2021 w.e.f. 01-04-2021 before it was read as "90[2020]" 99. Omitted vide NOTIFICATION NO. 21/2021 dated 31-03-2021 w.e.f. 01-04-2021 before it was read as "95[or]" 100. Inserted vide NOTIFICATION NO. 21/2021 dated 31-03-2021 w.e.f. 01-04-2021 Earlier, items (VII) and (VIII) was omitted by the Income Tax (Twelfth Amdt. ) Rules, 2020 w.e.f. 29-05-2020 101. Inserted vide NOTIFICATION NO. 21/2021 dated 31-03-2021 w.e.f. 01-04-2021. Earlier this clause (VI) 97[****] was omitted 102. Substituted vide NOTIFICATION NO. 82/2021 d ..... X X X X Extracts X X X X X X X X Extracts X X X X
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