New Income Tax Return Forms (ITRs) for AY 2016-17 Notified by CBDT
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
[CENTRAL BOARD OF DIRECT TAXES]
Notification No. 24/2016
New Delhi, the 30th day of March, 2016
Income-tax
S.O. 1262(E).– In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:-
1. (1) These rules may be called the Income-tax (9th Amendment) Rules, 2016.
(2) They shall come into force with effect from the 1st day of April, 2016.
2. In the Income-tax rules, 1962,−
(1) in rule 12,−
(a) in sub-rule (1),-
(A) after the word, brackets, figure and letter “sub-section (4E)”, the words, brackets, figure and letter “or sub-section (4F)” shall be inserted;
(B) for the figures “2015”, the figures “2016” shall be substituted;
(C) in clause (ca), after the words “Hindu undivided family”, the words “or a firm, other than a limited liability partnership firm,” shall be inserted;
(D) in clause (g), after the word, brackets, figure and letter “sub-section (4E)”, the words, brackets, figure and letter “or sub-section (4F)” shall be inserted;
(b) in sub-rule (5), for the figures “2014”, the figures “2015” shall be substituted.
(2) in Appendix-II, for “Forms Sahaj (ITR-1), ITR-2, ITR-2A, ITR-3, Sugam (ITR-4S), ITR-4, ITR-5, ITR-6, ITR-7 and ITR-V”, the following forms shall respectively be substituted, namely:-
| Form No. ITR-1 Sahaj | For Individuals having Income from Salaries, One house property, Other sources (Interest etc.) Refer to Instructions for eligibility |
| Form No. ITR-2 | For Individuals and HUFs not having Income from Business or Profession |
| Form No. ITR-2A | For Individuals and HUFs not having Income from Business or Profession and Capital Gains and who do not hold foreign assets |
| Form No. ITR-3 | For Individuals/HUFs being partners in firms and not carrying out business or profession under any proprietorship |
| Form No. ITR-4 | For individuals and HUFs having income from a proprietary business or profession |
| Form No. ITR-4S Sugam | Presumptive business income tax return |
| Form No. ITR-5 | For persons other than,- (i) individual, (ii) HUF, (iii) company and (iv) person filing Form ITR-7 |
| Form No. ITR-6 | For Companies other than companies claiming exemption under section 11 |
| Form No. ITR-7 | For persons including companies required to furnish return under sections 139(4A) or 139(4B) or 139(4C) or 139(4D) or 139(4E) or 139(4F) |
[F.No.370142/2/2016-TPL]
(Ekta Jain)
Deputy Secretary to the Government of India
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