New Delhi. Income Tax Department has said that till now more than Rs 1.7 crore has been deposited for the assessment year 2026-27. income tax return (ITR) has been filed. According to the department, more than 10 lakh returns were filed on Friday alone. The last date for filing returns through ITR-1 and ITR-2 is fixed as July 31.
ITR-1 ITR Filing for Small Taxpayers
ITR-1 or Sahaj form is for individual taxpayers whose annual income is up to Rs 50 lakh. This form can be used by people whose source of income is salary, a house and agricultural income up to Rs 5,000 annually.
Who is ITR-2 ITR Filing for?
ITR-2 is for individuals and Hindu Undivided Families (HUFs) whose income is not from business or profession but from other sources such as capital gains.
Comments are closed.