• For individuals (who are resident of India)

This form is applicable to Salaried Person or Pension holder, Income from single house property, for agriculture income less than 5000, Income from other sources and having total income upto Rs.50Lakhs.

• For individuals and HUF (including NRI) not having income from B&P

This form is applicable to Income from Salary or Pension, Capital gains, Income from more than one house property, holding assets outside India, Agriculture income more than 5000, Income from lotteries or horse racing.

• For individuals and HUF having income from B&P

ITR-3 Form can also be used by a taxpayer who is a partner in a firm but who do not conduct any business under the firm or who do not earn any income from the business conducted by the firm and whose taxable income earned from business is only in the form of the following received as a partner:

Salary, Commission, Bonus, Interest, Remuneration

The ITR-3 can be used by those individuals also who conduct a business or who earn income through a profession. This form is applicable to any type of business, undertaking or profession, with no limit on the income earned. Along with the income earned from business, taxpayers can also club any income they receive from windfalls, speculation, salaries, lotteries, housing properties etc with their business income. Any individual ranging from shopkeepers, doctors, designers, agents, retailers, contractors etc is eligible to file their income tax returns using this form.

• For individuals and HUF to declare income from Presumptive Business

This form is applicable to Income from any business, Income from Single house property, Agriculture income less than 5000

This income tax return form is used in special circumstances and applies to businesses where any income earned is based on a presumptive method of calculation.

• For Firms
• Limited Liability Partnerships (LLPs)
• Body of Individuals (BOIs)
• Association of Persons (AOPs)
• Co-operative Societies
• Artificial Judicial Persons
• Local Authorities

• For Companies (other than companies or organisations that claim tax exemption as per Section 11)

• For individuals or companies that are required to submit their returns under the following sections:

• Section 139(4A) – Under this section, returns can be filed by those individuals who receive income from any property that is held for the purpose of charity or religion in the form of a trust or legal obligation
• Section 139(4B) – Under this section, returns are to be filed by political parties provided their total income earned is above the non-taxable limit
• Section 139(4C) – Under this section, returns are to filed by the following entities:
• Any institution or association mentioned under Section 10(23A)
• Any association involved with scientific research
• Any institution mentioned in Section 10(23B)
• Any news agency
• Any fund, medical institution or educational institution
• Section 139(4D) – Under this section, returns are to be filed by entities such as colleges, universities or any other such institution wherein income returns or loss are not required to be provided in accordance with other provisions outlined in this section.

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