The number of Income Tax Return (ITR) forms can vary from country to country, and even within a country, it may change over time. Since you haven’t specified a particular country, I will provide a general overview.
In many countries, including India, there are multiple types of ITR forms designed to cater to different types of taxpayers, depending on their sources of income, residential status, and other factors. The specific ITR forms and their corresponding numbers can change with revisions to tax laws. However, I will provide an overview of the ITR forms commonly used in India as of my knowledge cutoff in September 2021:
- ITR-1 (SAHAJ): This form is known as “Sahaj” and is primarily used by individuals having income from salary, one house property, and other sources such as interest income, etc. It is meant for residents whose total income does not exceed a specified threshold.
- ITR-2: This form is for individuals and Hindu Undivided Families (HUFs) who have income from various sources, including salary, house property, capital gains, and more. It is applicable to both residents and non-residents.
- ITR-3: This form is meant for individuals and HUFs having income from a proprietary business or profession.
- ITR-4 (SUGAM): Also known as “Sugam,” this form is for individuals, HUFs, and firms (other than LLPs) who have opted for the presumptive taxation scheme under Section 44AD, 44ADA, or 44AE of the Income Tax Act.
- ITR-5: This form is for entities such as partnerships, LLPs (Limited Liability Partnerships), associations, and body of individuals (BOIs).
- ITR-6: This form is meant for companies that are not claiming an exemption under Section 11 (income from property held for charitable or religious purposes).
- ITR-7: This form is for persons, including companies, who are required to file returns under Section 139(4A), 139(4B), 139(4C), or 139(4D) of the Income Tax Act. It is applicable to entities such as trusts, political parties, institutions, colleges, etc.
It’s important to note that the above list may not be exhaustive, and there could be additional forms or variations based on changes in tax laws or specific circumstances. Therefore, it is advisable to refer to the official tax authority website or consult with a tax professional in your country to obtain the most up-to-date and accurate information regarding the types of ITR forms available.