Excel Utilities of ITR-1, ITR-2, ITR-4 ITR-6 and ITR-7 & Offline Utilities for ITR-1, ITR-2, ITR-4 and ITR 6 for AY 2024-25 available for filing.
CBDT in March 2024 has notified all income tax returns (ITRS) forms ITRs 1 Sahaj ITR-2, 3, ITR 4 Sugam, ITR-5, ITR-6 and ITR-7 for Assessment Year 2024-25
CBDT by now has notified all income tax return forms (ITRS) for AY 2024-25. The new forms incorporates theĀ changes required by the operation of section 115BAC as starting from AY 2024-25, new personal tax regime has been made the default one and one has to opt out of it in order to stick to the old regime.Ā
Accordingly the new ITRs-now contain the following response:
Have you exercised the option u/s 115BAC(6) of Opting out of new tax regime? (default is āNoā) ļÆ No ļÆ Yes, within the due date ļÆ Yes, but beyond the due date ( If option other than āNoā is selected, please furnish date of filing and Acknowledgement number of form 10-IEA)
Do you wish to exercise the option u/s 115BAC(6) of Opting out of new tax regime? (default is āNoā) ļÆ Yes ļÆ No
Note-For Opting out, option should be exercised on or before the due date for filing return u/s 139(1)
| ITR | Applicability | Version/Date | e-filing / Excel Utility |
| All ITRs | Common Offline Utility for filing Income-tax Returns ITR 1, ITR 2 and ITR 4 for the AY 2024-25.Ā | 1.10 dated 01.04.2024 | Click Here >> |
| ITR-1 Sahaj | For individuals being a resident (other than notĀ ordinarilyĀ resident) having total income up to Rs.50 lakh, having Income from Salaries, one house property, other sources (Interest etc.), and agricultural income up to Rs.5 thousand | 1.00 dated 01.04.2024 | Excel Utility Click Here >> |
| ITR-2 | For Individuals and HUFs not having income fromĀ profits andĀ gains of business or profession | 1.00 dated 01.04.2024 | Excel Utility Click Here >> |
| ITR-3 | For individuals and HUFs having income fromĀ profits andĀ gains of business or profession |
1.00 dated 09.05.2024 |
Excel Utility Click Here >> |
| ITR-4 Sugam | For Individuals, HUFs and Firms (other than LLP) being aĀ resident having total income upto Rs.50 lakh and having income from business and profession which is computed under sections 44AD, 44ADA or 44AE | 1.00 dated 01.04.2024 | Excel Utility Click Here >> |
| ITR-5 | For persons other than- (i) individual, (ii) HUF, (iii) company and (iv) person filing Form ITR-7 | 1.00 31.05.2024 |
Excel Utility Click Here >> |
| ITR-6 | For Companies other than companies claimingĀ exemption underĀ section 11 |
1.10 dated 01.04.2024 1.00 dated 23.04.2024 |
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| ITR-7 | For persons including companies required toĀ furnish returnĀ under sections 139(4A) or 139(4B) or 139(4C) or 139(4D) only | 1.10 dated 08.07.2024 | Excel Utility Click Here >> |
Tag: CBDT Notification No. 105/2023 to 24/2024Ā
- Liability under MV Act canāt be decided on the grounds of sympathy alone ā Supreme Court
- ICAI notifies dates of CA Foundation, Intermediate & Final Exams May 2026
- Interest u/s 234A can’t be levied on self-assessment tax paid before due date of filing ITR
- SEBI defers timeline for implementation of Phase III of Nomination
- RBI revises directions on opening & Maintenance of CC, CA & OD by Banks
