ITR Eligibility Checker & Form Guide
Even if your taxable income is below the basic exemption threshold, the Seventh Proviso to Section 139(1) makes filing an Income Tax Return mandatory if you trigger specific high-value transaction criteria. Take this questionnaire to find your exact obligations and form type.
Mandatory Criteria Questionnaire Section 139(1)
1. Does your total gross income (before deductions) exceed ₹2.5 Lakhs (or ₹3L under New Regime)?
2. Have you spent more than ₹2 Lakhs on foreign travel for yourself or anyone else during the FY?
3. Has your electricity bill consumption exceeded ₹1 Lakh in aggregate during the FY?
4. Has total TDS / TCS deducted from your PAN exceeded ₹25,000 (or ₹50,000 for senior citizens)?
5. Do you hold any foreign assets, foreign shares (e.g. US stocks, RSUs), or foreign bank accounts?
6. Do you have business or professional income?
7. Do you have capital gains from shares, mutual funds, or real estate?
Filing Determination
Filing is Mandatory for You
You trigger statutory criteria under Section 139(1) or the 7th Proviso.
For salaried individuals with income up to ₹50 Lakhs, one house property, and other sources (interest).
Summary of ITR Form Categories
| Form | Eligible Taxpayers | Key Inclusions & Restrictions |
|---|---|---|
| ITR-1 (Sahaj) | Resident individuals with income up to ₹50 Lakhs | Salary, one house property, interest/dividends. Cannot have capital gains or foreign assets. |
| ITR-2 | Individuals & HUFs without business income | Capital gains (stocks, crypto, property), foreign assets/ESOPs, multiple house properties. |
| ITR-3 | Individuals & HUFs having business or profession | Proprietorship firms, professional freelance practice, partners in partnership firms. |
| ITR-4 (Sugam) | Small businesses and professionals opting for presumptive tax | Turnover up to ₹3 Cr u/s 44AD or professional gross receipts up to ₹75 Lakhs u/s 44ADA. |