The Excel utilities for filing Income Tax Returns (ITR) 1, ITR 2, and ITR 4 for the Assessment Year 2024-25 have been released. These utilities are available for individuals and HUFs to help them prepare and file their tax returns. ITR-1 is for residents with income up to Rs. 50 lakh from salary, one house property, and other sources. ITR-2 is for individuals and HUFs without business or professional income. ITR-4 is for residents with income up to Rs. 50 lakh from business or profession, computed under specific sections.
Excel Utilities of ITR-1, ITR-2 and ITR-4 for AY 2024-25 are available for filing
ITR 1
For individuals being a resident (other than not ordinarily resident) having total income upto Rs.50 lakh, having Income from Salaries, one house property, other sources (Interest etc.), and agricultural income upto Rs.5 thousand.
- Document: Utility Excel Based (Version 1.0) (2.65 MB)
- Date of release of first version of utility: 01-Apr-2024
ITR 2
For Individuals and HUFs not having income from profits and gains of business or profession.
- Document: Utility Excel Based (Version 1.0) (7.83 MB)
- Date of release of first version of utility: 01-Apr-2024
ITR 4
For Individuals, HUFs and Firms (other than LLP) being a resident having total income upto Rs.50 lakh and having income from business and profession which is computed under sections 44AD, 44ADA or 44AE and agricultural income upto Rs.5 thousand.
- Document: Utility Excel Based (Version 1.0) (3.91 MB)
- Date of release of first version of utility: 01-Apr-2024
FAQ :
The Excel utilities for ITR-1, ITR-2, and ITR-4 for Assessment Year 2024-25 have been released.
The first version of the utilities for ITR-1, ITR-2, and ITR-4 were released on 01-Apr-2024.
ITR-1 is for individuals who are residents (other than not ordinarily resident) with a total income up to Rs. 50 lakh, having income from Salaries, one house property, other sources (like interest), and agricultural income up to Rs. 5 thousand.
ITR-2 is for Individuals and HUFs who do not have income from profits and gains of business or profession.
ITR-4 is for Individuals, HUFs, and Firms (other than LLPs) who are residents with a total income up to Rs. 50 lakh and have income from business and profession computed under sections 44AD, 44ADA, or 44AE, along with agricultural income up to Rs. 5 thousand.