ITR

ITR (Income Tax Return) is the form you file with the Income Tax Department to report your income, claim deductions and tax credits, and either pay more tax or claim a refund. Different ITR forms exist for different taxpayer profiles: ITR-1 for simple salaried income, ITR-2 for capital gains, ITR-3 for business/profession income, ITR-4 for presumptive income. The due date for most individuals is 31 July of the assessment year.