Know how to select the right ITR form: Key Highlights | TheBriefWire
Know how to select the right ITR form
Published 30 July 2026 ยท politics
Synopsis Choosing the right Income Tax Return form for AY 2026-27 depends on income sources. ITR-1 now allows reporting income from two house properties. Salary
Synopsis Choosing the right Income Tax Return form for AY 2026-27 depends on income sources. ITR-1 now allows reporting income from two house properties. Salary, house property, and other sources can be reported in ITR-2. Business or professional income generally requires ITR-3 or ITR-4. Complete income profile determines the final ITR form selection.
Published: July 30, 2026 โข 3:12 PM IST ยท Updated: July 30, 2026 โข 4:07 PM ISTBy TheBriefWire Editorial Team
Key points
Synopsis Choosing the right Income Tax Return form for AY 2026-27 depends on income sources.
ITR-1 now allows reporting income from two house properties.
Salary, house property, and other sources can be reported in ITR-2. Business or professional income generally requires ITR-3 or ITR-4. Complete income profile determines the final ITR form selection.