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
Income Tax Department Pune is engaging Young Professionals CA for assistance in ITAT representation With a view to augment departmental…
IDBI invites application for empanelment of Chartered Accountant firms as Concurrent Auditor for FY 2026-27 IDBI Bank has invited online…
Audit reports must be disclosed if considered relevant by banks in classifying the account of a customer as fraud –…
ICAI sets up a branch of CIRC at Korba city (Chhattisgarh) w.e.f. 6th February, 2026 Council of the Institute of…
Chartered Accountants Final Examination to be held twice a year from May 2026 Examination onwards ICAI vide Notification dated 15.04.2024…
Practice of adjustment of receipts in working progress accounts and offering the net figure for taxation is not supported by…