CBDT has issued the Income tax return (ITR) forms for the financial year 2015-2016 (AY 2016-2017). Normally the last date of filing returns in 31st July.
| ITR No | Eligibility | Forms |
| ITR 1 | For Individuals having Income from Salaries, One house property, Other sources (Interest etc.) | itr12016 |
| ITR 2 | For Individuals and HUFs not having Income from Business or Profession | itr22016 |
| ITR 2A | For Individuals and HUFs not having Income from Business or Profession and Capital Gains and who do not hold foreign assets | itr2a2016 |
| ITR 3 | For Individuals/HUFs being partners in firms and not carrying out business or profession under any proprietorship | itr32016 |
| ITR 4 | For individuals and HUFs having income from a proprietary business or profession | itr42016 |
| ITR 4A | Presumptive business income tax return | itr4s2016 |
| ITR 5 | For persons other than,- (i) individual, (ii) HUF, (iii) company and (iv) person filing Form ITR-7 | itr52016 |
| ITR 6 | For Companies other than companies claiming exemption under section 11 | itr62016 |
| ITR 7 | For persons including companies required to furnish return under sections 139(4A) or 139(4B) or 139(4C) or 139(4D) or 139(4E) or 139(4F) | itr72016 |
Some changes to IT Forms
1) Schedule AL added to all forms (including for ITR1 , ITR 2) – Declare Net Worth if Income more than Rs 50 Lakhs. See detailed post on this requirement.
2) In ITR 4s – Nature of Business needs to be mentioned, If more than one Business, then indicate three main activities or products.