Income Tax Department Releases Updated Excel-based Utility for Income Tax Returns (ITR) for FY 2022-23 (AY 2023-24)

The Income Tax Department has released the updated Excel-based utility for Income Tax Returns (ITR) ranging from ITR-1 to ITR-7 for the Financial Year 2022-23 (Assessment Year 2023-24). ITR 1 For individuals being a resident (other than not ordinarily resident) having total income upto Rs.50 lakh, having Income from Salaries, one house property, other sources […]

Income Tax Department has released the updated Excel-based utility for Income Tax Returns (ITR) ranging from ITR-1 to ITR-7 for the Financial Year 2022-23 (Assessment Year 2023-24).

The Income Tax Department has released the updated Excel-based utility for Income Tax Returns (ITR) ranging from ITR-1 to ITR-7 for the Financial Year 2022-23 (Assessment Year 2023-24).

ITR 1

For individuals being a resident (other than not ordinarily resident) having total income upto Rs.50 lakh, having Income from Salaries, one house property, other sources (Interest etc.), and agricultural income upto Rs.5 thousand.

Document: Utility Excel Based

Date of release of latest version of utility 01-Jan-2024

ITR 2

For Individuals and HUFs not having income from profits and gains of business or profession

Document: Utility Excel Based

Date of release of latest version of utility 01-Jan-2024

ITR 3

For individuals and HUFs having income from profits and gains of business or profession.

Document: Utility Excel Based

Date of release of latest version of utility 01-Jan-2024

ITR 4

For Individuals, HUFs and Firms (other than LLP) being a resident having total income upto Rs.50 lakh and having income from business and profession which is computed under sections 44AD, 44ADA or 44AE and agricultural income upto Rs.5 thousand.

Document: Utility Excel Based

Date of release of latest version of utility 01-Jan-2024

ITR 5

For persons other than- (i) individual, (ii) HUF, (iii) company and (iv) person filing Form ITR-7

Document: Utility Excel Based

Date of release of latest version of utility 01-Jan-2024

ITR 6

For Companies other than companies claiming exemption under section 11

Document: Utility Excel Based

Date of release of latest version of utility 01-Jan-2024

ITR 7

For persons including companies required to furnish return under sections 139(4A) or 139(4B) or 139(4C) or 139(4D) only

Document: Utility Excel Based

Date of release of latest version of utility 01-Jan-2024

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