Filing the right ITR avoids penalties.

ITR-1 (Sahaj)

Income up to ₹50L from salary & house.

When ITR-1 Is Not Applicable

No capital gains or foreign income.

ITR-2

Salary, capital gains, or foreign assets.

ITR-3

Business income with salary or capital gains.

ITR-4 (Sugam)

Presumptive taxation up to ₹50L.

ITR-5

For LLPs, firms, AOPs, BOIs.

ITR-6

For companies not claiming exemptions.

Final Tips

Review income and consult a pro.