ITR Filing 2025 Forms ITR-1 to ITR-5 Notified 

Forms ITR-1 to ITR-5 Notified ITR Filing 2025: Forms ITR-1 to ITR-5 Notified The Income Tax Department has started rolling out the Income Tax Return (ITR) forms for Assessment Year 2025–26 (Financial Year 2024–25). As of now, five forms – ITR-1, ITR-2, ITR-3, ITR-4, and ITR-5 – have been officially notified. Each of these forms serves a specific taxpayer category based on their income sources and legal status.

Filing the correct ITR form is crucial. ITR Filing 2025 Forms ITR-1 to ITR-5 Notified Using the wrong form may lead to rejection, defective return notices under Section 139(9), or even penalties. In this guide, we’ll simplify how each ITR form works and help you decide which one applies to you.

🔵 ITR-1 (Sahaj) – For Salaried Individuals with Simple Income

✔️ Who Can File ITR-1?

Forms ITR-1 to ITR-5 Notified ITR Filing 2025: Forms ITR-1 to ITR-5 Notified ITR-1 is meant for resident individuals whose total income is up to ₹50 lakh and comes from the following sources:

• Salary or pension
• One house property (excluding cases of brought-forward loss)
• Income from other sources (such as interest from bank deposits or family pension)
• Agricultural income up to ₹5,000

❌ Who Cannot File ITR-1?

You are not eligible to file ITR-1 if:

• You are a Non-Resident (NRI)
• You are a director in a company
• You own unlisted equity shares
• You earn capital gains
• You have foreign assets or foreign income
• Your agricultural income exceeds ₹5,000
• You have more than one house property

👉 Best for: Salaried individuals and pensioners with no complex income sources.

🟠 ITR-2 – For Individuals and HUFs without Business or Professional Income

✔️ Who Can File ITR-2?

This form applies to individuals and Hindu Undivided Families (HUFs) who:

• Don’t earn income from business or profession
• Earn income from capital gains (stocks, mutual funds, property, etc.)
• Own more than one house property
• Have foreign income or foreign assets
• Hold unlisted shares
• Have income of spouse or minor child clubbed with their own (excluding business income)

❌ Who Cannot File ITR-2?

You cannot use ITR-2 if you have:

• Income from business or profession

👉 Best for: Salaried individuals or HUFs with capital gains, foreign income, or multiple properties.

🟡 ITR-3 – For Individuals and HUFs with Business or Professional Income

✔️ Who Can File ITR-3?

ITR-3 is for individuals and HUFs who:

• Earn income from business or profession (proprietorship, freelancing, consultancy)
• Maintain books of accounts
• Are partners in a firm (other than LLPs filing ITR-5)
• Have stock-in-trade transactions, professional services, or commission income

❌ Who Cannot File ITR-3?

• LLPs, Companies, and Trusts (they have separate forms)
• Individuals without business/professional income (they should opt for ITR-1 or ITR-2)

👉 Best for: Professionals like doctors, lawyers, consultants, freelancers, and traders with business income.

🟢 ITR-4 (Sugam) – For Presumptive Income up to ₹50 Lakh

✔️ Who Can File ITR-4?

ITR-4 is for resident individuals, HUFs, and firms (excluding LLPs) with:

• ITR Filing 2025: Forms ITR-1 to ITR-5 Notified Total income up to ₹50 lakh
• Income from business or profession under presumptive taxation schemes:
  • Section 44AD – Small business
  • Section 44ADA – Professionals (e.g., freelancers, consultants)
  • Section 44AE – Transporters (owning goods vehicles)

❌ Who Cannot File ITR-4?

• If your turnover exceeds ₹2 crore (or ₹3 crore as per new conditions)
• You maintain regular books of account
• You have foreign assets or income
• You’re a company director or own unlisted shares
• You earn capital gains or income from more than one house property

👉 Best for: Small business owners, freelancers, and transporters opting for simplified tax filing.

🔴 ITR-5 – For Firms, LLPs, AOPs, BOIs, and Others

✔️ Who Can File ITR-5?

ITR-5 is applicable to:

• Firms (including partnership firms)
• LLPs (Limited Liability Partnerships)
• AOPs (Association of Persons)
• BOIs (Body of Individuals)
• Trusts, societies, and cooperative societies
• Artificial Juridical Persons

❌ Who Cannot File ITR-5?

• Individuals and HUFs
• Companies (They file ITR-6 or ITR-7)

👉 Best for: LLPs, firms, associations, and societies with multiple partners or members.

📌 Quick ITR Form Selection Table

⚠️ Why Choosing the Right ITR Form Matters

Filing the wrong ITR form can result in:

• Return being treated as defective under Section 139(9)
• Delay in refund processing
• Increased scrutiny or notices
• Loss of carry-forward benefits (like capital losses or depreciation)

✅ Conclusion

ITR Filing 2025: Forms ITR-1 to ITR-5 Notified With the release of ITR-1 to ITR-5 for AY 2025–26, taxpayers must now assess their income types, residency status, and entity structure carefully before choosing the ITR form. ITR Filing 2025: Forms ITR-1 to ITR-5 Notified Always cross-verify your eligibility with the latest CBDT notifications or consult a tax expert for accurate filing.

Filing the correct return on time ensures faster refunds, avoids notices, and keeps your compliance record clean.

Sources Link – https://www.incometax.gov.in/iec/foportal/downloads/income-tax-returns#itr-1

For More Information : https://taxgyany.com/