ITR-1 to ITR-7: Which Form Fits

Which ITR form is which

• ITR-1: salary, one house property, and other sources within the form’s limits
• ITR-2: capital gains, foreign assets, or more than one house — no business income
• ITR-3: business or profession where you are not using the presumptive scheme
• ITR-4: presumptive business or profession. ITR-5 firm/LLP, ITR-6 company, ITR-7 trust

Coimbatore business context

The form follows the income, not the other way around. ITR-1 is the small salary and interest return. ITR-2 adds capital gains and more than one house. ITR-3 is for business or professional income with books. ITR-4 is the presumptive return where 44AD, 44ADA, or 44AE applies. ITR-5 is for firms and LLPs, ITR-6 for companies, and ITR-7 for trusts and specified institutions. Filing ITR-1 when you have capital gains or business income is the mistake this page is meant to prevent.

Why Coimbatore clients choose Future Tax

• Each form is named with the income that belongs in it
• Capital gains are not forced into the salaried ITR page
• Firms and companies are not filed on an individual form
• Statewide desk: GST consultant Tamil Nadu
• City index: All Tamil Nadu cities

How engagement works for Coimbatore

1. List income sources: salary, rent, shares, property sale, business, or trust.
2. We name the form and the documents that form needs.
3. Match AIS and Form 16 or the books before e-filing.
4. E-file and send the acknowledgement. Capital-gains workings stay on the capital gains page.