Which ITR Form Should You File for FY 2024-25?

ITR-1 (Sahaj) is for resident individuals with total income up to Rs 50 lakh from salary, one house property, other sources (interest, dividends), and agricultural income up to Rs 5,000. Capital gains and business income are not allowed. ITR-2 is for individuals and HUFs without business income but with capital gains, more than one house property, foreign income, or director/shareholder of a company. ITR-3 is for individuals and HUFs with business or professional income. ITR-4 (Sugam) is for the presumptive taxation scheme under Sections 44AD, 44ADA, or 44AE.