{"id":10271,"date":"2020-12-18T10:21:37","date_gmt":"2020-12-18T04:51:37","guid":{"rendered":"https:\/\/www.mintyapp.in\/blog\/?p=9453"},"modified":"2021-07-06T19:19:48","modified_gmt":"2021-07-06T13:49:48","slug":"which-itr-form-to-use-for-filing-returns-for-ay-2020-21","status":"publish","type":"post","link":"https:\/\/blog.fintoo.in\/blog\/which-itr-form-to-use-for-filing-returns-for-ay-2020-21\/","title":{"rendered":"Which ITR form to use for filing returns for AY 2020-21?"},"content":{"rendered":"\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Friday First Cut - Which ITR form to use for filing returns for AY 2020-21?\" width=\"940\" height=\"529\" src=\"https:\/\/www.youtube.com\/embed\/4iLhyLbvOIE?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen class=\"no-lazyload\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>When it comes to ITR filing, it gets tricky to choose the income tax return form amidst various options available. Currently, there are seven valid forms to choose from as some of the previous ones have been discontinued or replaced by others. The Income Tax Return forms have to be filled with information regarding the company or individual\u2019s income and tax, which then needs to be submitted to the Income Tax Department. In fact, if you are filing returns for yourself, there are four different kinds of forms that could be applicable to you.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><br><strong>ITR Form 1 or Sahaj<\/strong><\/h4>\n\n\n\n<p>ITR form 1 is applicable to any individual, or a Hindu Undivided Family (HUF) whose annual income is below 50 lakhs INR (through pension or salary).<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>ITR-2<\/strong><\/h4>\n\n\n\n<p>The ITR 2 form is very similar to the ITR-1 form, with just a few differences. You can\u2019t use the ITR-2 form if your total income includes revenue from any business or vocation.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>ITR- 3<\/strong><\/h4>\n\n\n\n<p>Any individual or HUF earning income from a business that is proprietary in nature or from more than one property is eligible to conduct their e tax filing using this form.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><br><strong>ITR-4<\/strong><\/h4>\n\n\n\n<p>Anybody is eligible for this option provided you have engaged in the Income Scheme (Presumptive) of Sections 44AE, 44AD, and 44ADA of the ITA (Income Tax Act).<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><br><strong>ITR- 5<\/strong><\/h4>\n\n\n\n<p>The specifications of the ITR 5 stand very clear for making it applicable to LLPs, firms of every kind, Association of Persons (AOP), And Body Of Individuals (BOI).<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><br><strong>ITR-6<\/strong><\/h4>\n\n\n\n<p>The ITR 6 is applicable to any establishment earning an income through the property(s) used for religious or charitable causes.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><br><strong>ITR-7<\/strong><\/h4>\n\n\n\n<p>To find out if you are eligible for this, you must go through sections 139(4A), 139(4B), 139(4C), or even 139(4D).<br>While filing your ITR, you need to make sure that you know about all the available options for completing the same in an honest and timely manner!<\/p>\n\n\n\n<p><em>A financial planning platform where you can plan all your goals, cash flows, expenses management, etc., which provides you advisory on the go. Unbiased and with uttermost data security, create your Financial Planning without any cost on:&nbsp;<a href=\"http:\/\/bit.ly\/Robo-Fintoo\" target=\"_blank\" rel=\"noreferrer noopener\">http:\/\/bit.ly\/Robo-Fintoo<\/a><\/em><\/p>\n\n\n\n<p><em>To Invest and keep regular track of your portfolio download: Fintoo App Android&nbsp;<a href=\"http:\/\/bit.ly\/2TPeIgX\" class=\"broken_link\">http:\/\/bit.ly\/2TPeIgX<\/a>&nbsp;\/ Fintoo App iOS&nbsp;<a href=\"http:\/\/apple.co\/2Nt75LP\">http:\/\/apple.co\/2Nt75LP<\/a><\/em><\/p>\n\n\n\n<p><em>Disclaimer: The views shared in blogs are based on personal opinion and does not endorse the company\u2019s views. Investment is a subject matter of solicitation and one should consult a Financial Adviser before making any investment using the app. Making an investment using the app is the sole decision of the investor and the company or any of its communication cannot be held responsible for it.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>When it comes to ITR filing, it gets tricky to choose the income tax return form amidst various options available. Currently, there are seven valid forms to choose from as some of the previous ones have been discontinued or replaced by others. The Income Tax Return forms have to be filled with information regarding the [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[809],"tags":[475,459],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Which ITR form to use for filing returns for AY 2020-21? - Fintoo Blog<\/title>\n<meta name=\"description\" content=\"ITR form have to be filled with information regarding the company or individual\u2019s income and tax, which then needs to be submitted to the IT Department.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blog.fintoo.in\/blog\/which-itr-form-to-use-for-filing-returns-for-ay-2020-21\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Which ITR form to use for filing returns for AY 2020-21? - Fintoo Blog\" \/>\n<meta property=\"og:description\" content=\"ITR form have to be filled with information regarding the company or individual\u2019s income and tax, which then needs to be submitted to the IT Department.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blog.fintoo.in\/blog\/which-itr-form-to-use-for-filing-returns-for-ay-2020-21\/\" \/>\n<meta property=\"og:site_name\" content=\"Fintoo Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/fintooapp\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-18T04:51:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-07-06T13:49:48+00:00\" \/>\n<meta name=\"author\" content=\"Nidhi Manchanda\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@FintooApp\" \/>\n<meta name=\"twitter:site\" content=\"@FintooApp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nidhi Manchanda\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/blog.fintoo.in\/blog\/which-itr-form-to-use-for-filing-returns-for-ay-2020-21\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/blog.fintoo.in\/blog\/which-itr-form-to-use-for-filing-returns-for-ay-2020-21\/\"},\"author\":{\"name\":\"Nidhi Manchanda\",\"@id\":\"https:\/\/blog.fintoo.in\/blog\/#\/schema\/person\/15696107a9a027cf8cfe4723332c8384\"},\"headline\":\"Which ITR form to use for filing returns for AY 2020-21?\",\"datePublished\":\"2020-12-18T04:51:37+00:00\",\"dateModified\":\"2021-07-06T13:49:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/blog.fintoo.in\/blog\/which-itr-form-to-use-for-filing-returns-for-ay-2020-21\/\"},\"wordCount\":466,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/blog.fintoo.in\/blog\/#organization\"},\"keywords\":[\"ITR filing dates\",\"ITR forms\"],\"articleSection\":[\"Friday First Cut\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/blog.fintoo.in\/blog\/which-itr-form-to-use-for-filing-returns-for-ay-2020-21\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/blog.fintoo.in\/blog\/which-itr-form-to-use-for-filing-returns-for-ay-2020-21\/\",\"url\":\"https:\/\/blog.fintoo.in\/blog\/which-itr-form-to-use-for-filing-returns-for-ay-2020-21\/\",\"name\":\"Which ITR form to use for filing returns for AY 2020-21? - Fintoo Blog\",\"isPartOf\":{\"@id\":\"https:\/\/blog.fintoo.in\/blog\/#website\"},\"datePublished\":\"2020-12-18T04:51:37+00:00\",\"dateModified\":\"2021-07-06T13:49:48+00:00\",\"description\":\"ITR form have to be filled with information regarding the company or individual\u2019s income and tax, which then needs to be submitted to the IT Department.\",\"breadcrumb\":{\"@id\":\"https:\/\/blog.fintoo.in\/blog\/which-itr-form-to-use-for-filing-returns-for-ay-2020-21\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/blog.fintoo.in\/blog\/which-itr-form-to-use-for-filing-returns-for-ay-2020-21\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/blog.fintoo.in\/blog\/which-itr-form-to-use-for-filing-returns-for-ay-2020-21\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Fintoo\",\"item\":\"https:\/\/blog.fintoo.in\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Which ITR form to use for filing returns for AY 2020-21?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/blog.fintoo.in\/blog\/#website\",\"url\":\"https:\/\/blog.fintoo.in\/blog\/\",\"name\":\"Fintoo Blog\",\"description\":\"A Personal Finance and Investment Blog\",\"publisher\":{\"@id\":\"https:\/\/blog.fintoo.in\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/blog.fintoo.in\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/blog.fintoo.in\/blog\/#organization\",\"name\":\"Fintoo\",\"url\":\"https:\/\/blog.fintoo.in\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/blog.fintoo.in\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.fintoo.in\/blog\/wp-content\/uploads\/2021\/03\/fintoo.png\",\"contentUrl\":\"https:\/\/www.fintoo.in\/blog\/wp-content\/uploads\/2021\/03\/fintoo.png\",\"width\":120,\"height\":90,\"caption\":\"Fintoo\"},\"image\":{\"@id\":\"https:\/\/blog.fintoo.in\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/fintooapp\",\"https:\/\/x.com\/FintooApp\",\"https:\/\/www.instagram.com\/fintoo.app\/\",\"https:\/\/www.linkedin.com\/company\/13467061\/\",\"https:\/\/www.youtube.com\/channel\/UC00AMcwwfUKrV-XD5n6hWyQ\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/blog.fintoo.in\/blog\/#\/schema\/person\/15696107a9a027cf8cfe4723332c8384\",\"name\":\"Nidhi Manchanda\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/blog.fintoo.in\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/065818c899bd36c8e334dcb3d53d5a97?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/065818c899bd36c8e334dcb3d53d5a97?s=96&d=mm&r=g\",\"caption\":\"Nidhi Manchanda\"},\"sameAs\":[\"http:\/\/nidhi.manchanda@financialhospital.in\"],\"url\":\"https:\/\/blog.fintoo.in\/blog\/author\/nidhi-manchanda\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Which ITR form to use for filing returns for AY 2020-21? - Fintoo Blog","description":"ITR form have to be filled with information regarding the company or individual\u2019s income and tax, which then needs to be submitted to the IT Department.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/blog.fintoo.in\/blog\/which-itr-form-to-use-for-filing-returns-for-ay-2020-21\/","og_locale":"en_US","og_type":"article","og_title":"Which ITR form to use for filing returns for AY 2020-21? - Fintoo Blog","og_description":"ITR form have to be filled with information regarding the company or individual\u2019s income and tax, which then needs to be submitted to the IT Department.","og_url":"https:\/\/blog.fintoo.in\/blog\/which-itr-form-to-use-for-filing-returns-for-ay-2020-21\/","og_site_name":"Fintoo Blog","article_publisher":"https:\/\/www.facebook.com\/fintooapp","article_published_time":"2020-12-18T04:51:37+00:00","article_modified_time":"2021-07-06T13:49:48+00:00","author":"Nidhi Manchanda","twitter_card":"summary_large_image","twitter_creator":"@FintooApp","twitter_site":"@FintooApp","twitter_misc":{"Written by":"Nidhi Manchanda","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/blog.fintoo.in\/blog\/which-itr-form-to-use-for-filing-returns-for-ay-2020-21\/#article","isPartOf":{"@id":"https:\/\/blog.fintoo.in\/blog\/which-itr-form-to-use-for-filing-returns-for-ay-2020-21\/"},"author":{"name":"Nidhi Manchanda","@id":"https:\/\/blog.fintoo.in\/blog\/#\/schema\/person\/15696107a9a027cf8cfe4723332c8384"},"headline":"Which ITR form to use for filing returns for AY 2020-21?","datePublished":"2020-12-18T04:51:37+00:00","dateModified":"2021-07-06T13:49:48+00:00","mainEntityOfPage":{"@id":"https:\/\/blog.fintoo.in\/blog\/which-itr-form-to-use-for-filing-returns-for-ay-2020-21\/"},"wordCount":466,"commentCount":0,"publisher":{"@id":"https:\/\/blog.fintoo.in\/blog\/#organization"},"keywords":["ITR filing dates","ITR forms"],"articleSection":["Friday First Cut"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/blog.fintoo.in\/blog\/which-itr-form-to-use-for-filing-returns-for-ay-2020-21\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/blog.fintoo.in\/blog\/which-itr-form-to-use-for-filing-returns-for-ay-2020-21\/","url":"https:\/\/blog.fintoo.in\/blog\/which-itr-form-to-use-for-filing-returns-for-ay-2020-21\/","name":"Which ITR form to use for filing returns for AY 2020-21? - Fintoo Blog","isPartOf":{"@id":"https:\/\/blog.fintoo.in\/blog\/#website"},"datePublished":"2020-12-18T04:51:37+00:00","dateModified":"2021-07-06T13:49:48+00:00","description":"ITR form have to be filled with information regarding the company or individual\u2019s income and tax, which then needs to be submitted to the IT Department.","breadcrumb":{"@id":"https:\/\/blog.fintoo.in\/blog\/which-itr-form-to-use-for-filing-returns-for-ay-2020-21\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/blog.fintoo.in\/blog\/which-itr-form-to-use-for-filing-returns-for-ay-2020-21\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/blog.fintoo.in\/blog\/which-itr-form-to-use-for-filing-returns-for-ay-2020-21\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Fintoo","item":"https:\/\/blog.fintoo.in\/blog\/"},{"@type":"ListItem","position":2,"name":"Which ITR form to use for filing returns for AY 2020-21?"}]},{"@type":"WebSite","@id":"https:\/\/blog.fintoo.in\/blog\/#website","url":"https:\/\/blog.fintoo.in\/blog\/","name":"Fintoo Blog","description":"A Personal Finance and Investment Blog","publisher":{"@id":"https:\/\/blog.fintoo.in\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/blog.fintoo.in\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/blog.fintoo.in\/blog\/#organization","name":"Fintoo","url":"https:\/\/blog.fintoo.in\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/blog.fintoo.in\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.fintoo.in\/blog\/wp-content\/uploads\/2021\/03\/fintoo.png","contentUrl":"https:\/\/www.fintoo.in\/blog\/wp-content\/uploads\/2021\/03\/fintoo.png","width":120,"height":90,"caption":"Fintoo"},"image":{"@id":"https:\/\/blog.fintoo.in\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/fintooapp","https:\/\/x.com\/FintooApp","https:\/\/www.instagram.com\/fintoo.app\/","https:\/\/www.linkedin.com\/company\/13467061\/","https:\/\/www.youtube.com\/channel\/UC00AMcwwfUKrV-XD5n6hWyQ"]},{"@type":"Person","@id":"https:\/\/blog.fintoo.in\/blog\/#\/schema\/person\/15696107a9a027cf8cfe4723332c8384","name":"Nidhi Manchanda","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/blog.fintoo.in\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/065818c899bd36c8e334dcb3d53d5a97?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/065818c899bd36c8e334dcb3d53d5a97?s=96&d=mm&r=g","caption":"Nidhi Manchanda"},"sameAs":["http:\/\/nidhi.manchanda@financialhospital.in"],"url":"https:\/\/blog.fintoo.in\/blog\/author\/nidhi-manchanda\/"}]}},"uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false,"gt3theme_mobile":false,"qi_addons_for_elementor_image_size_square":false,"qi_addons_for_elementor_image_size_landscape":false,"qi_addons_for_elementor_image_size_portrait":false,"qi_addons_for_elementor_image_size_huge-square":false},"uagb_author_info":{"display_name":"Nidhi Manchanda","author_link":"https:\/\/blog.fintoo.in\/blog\/author\/nidhi-manchanda\/"},"uagb_comment_info":1,"uagb_excerpt":"When it comes to ITR filing, it gets tricky to choose the income tax return form amidst various options available. Currently, there are seven valid forms to choose from as some of the previous ones have been discontinued or replaced by others. The Income Tax Return forms have to be filled with information regarding the&hellip;","_links":{"self":[{"href":"https:\/\/blog.fintoo.in\/blog\/wp-json\/wp\/v2\/posts\/10271"}],"collection":[{"href":"https:\/\/blog.fintoo.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.fintoo.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.fintoo.in\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.fintoo.in\/blog\/wp-json\/wp\/v2\/comments?post=10271"}],"version-history":[{"count":2,"href":"https:\/\/blog.fintoo.in\/blog\/wp-json\/wp\/v2\/posts\/10271\/revisions"}],"predecessor-version":[{"id":12397,"href":"https:\/\/blog.fintoo.in\/blog\/wp-json\/wp\/v2\/posts\/10271\/revisions\/12397"}],"wp:attachment":[{"href":"https:\/\/blog.fintoo.in\/blog\/wp-json\/wp\/v2\/media?parent=10271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.fintoo.in\/blog\/wp-json\/wp\/v2\/categories?post=10271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.fintoo.in\/blog\/wp-json\/wp\/v2\/tags?post=10271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}