The Central Board of Direct Taxes (CBDT) had enabled the forms for all the assessees to file their Income Tax Returns (ITR) on 29th May 2020 for the previous year 2019-20. Now the assessees can file their returns through all the seven forms that are made available by the government. The seven forms, as issued by the department are: ITR-1 (Sahaj) This form is to be used by all the assessees having an earning from salary, house property and/or income from other sources. Assessees earning up to Rs. 50 lakhs can file their ITR through Gen Income Tax Software on this form. ITR-2 This form is to be used by all the assessees of Hindu Undivided Family who are not engaged in the business of proprietary or any profession. ITR-3 This form is to be used by all the assessees of Hindu Undivided Family who are engaged in the business of proprietary or any profession. ITR-4 (Sugam) This form is to be used by all the assessees getting their income from a business or profession. ITR-5 ...
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