Audited against published schedules under the Income-tax Act, 1961 (as amended by Finance Acts) from Income Tax Department (CBDT).
ITR Calculator & Selection Guide — Pick the Right Form & Avoid Section 139(9) Notices
Filing season for FY 2025-26 (Assessment Year 2026-27) is underway. The statutory due date for non-audit individual taxpayers is 31 July 2026, while audit cases under Section 44AB must be filed by 31 October 2026. Selecting the wrong ITR form triggers a defective return notice under Section 139(9) of the Income-tax Act, 1961. Use this online ITR calculator to automatically identify whether you need ITR-1 (Sahaj), ITR-2, ITR-3, or ITR-4 (Sugam), estimate your tax under both Old and New Tax Regimes, and claim your eligible TDS refunds.
Which ITR Form Do You Need? (Statutory Eligibility Matrix)
| Form | Who Files It | Income Ceiling | Permitted Income Sources | Ineligible If Having |
|---|---|---|---|---|
| ITR-1 (Sahaj) | Resident salaried individuals & pensioners | Up to ₹50 Lakh | Salary/pension, single house property, interest & dividend income, agricultural income $\le$ ₹5,000 | Business profits, capital gains/losses, unlisted shares, foreign assets/income, >1 house property |
| ITR-2 | Individuals & HUFs without business/profession income | No income limit | All ITR-1 income + capital gains (stocks, mutual funds, property), multiple house properties, foreign assets/income, directorship | Profits and gains of business or profession (PGBP) |
| ITR-3 | Business owners, consultants, freelancers claiming actual expenses, F&O/equity traders, firm partners | No income limit | PGBP business & freelance income, salary, capital gains, intraday/derivatives trading, house property, foreign assets | None (Comprehensive Form) |
| ITR-4 (Sugam) | Individuals, HUFs, and partnership firms opting for presumptive taxation | Up to ₹50L (Sec 44ADA) / ₹2–3 Cr (Sec 44AD) | Presumptive professional profits (50% under 44ADA) or business profits (6%/8% under 44AD), salary, 1 house property, other sources | Non-presumptive business, capital losses, foreign assets, total income > ₹50 Lakh |
Quick Decision Guide: Which ITR Form Should You Choose?
→ File ITR-1 (Sahaj).
→ File ITR-2.
→ File ITR-3 (or ITR-4 if declaring flat 50% deemed profit under 44ADA).
→ File ITR-3 (mandatory for derivatives & business turnover).
→ File ITR-4 (Sugam).
→ File ITR-2 (or ITR-3 if having proprietary business income in India).
How to File ITR-3: 5-Step Filing Workflow on incometax.gov.in
Download your Annual Information Statement (AIS), TIS, and Form 26AS to reconcile all client TDS credits (194J/194C) and advance taxes.
Fill Schedule PGBP by entering gross receipts, deducting legitimate business expenses (hardware, SaaS, subcontractor payouts), and computing net profit.
Report salary in Schedule S, capital gains in Schedule CG (12.5% LTCG / 20% STCG), and interest/dividends in Schedule OS.
Choose New Regime (default, zero tax up to ₹12L net under 87A) or submit Form 10-IEA if opting for the Old Regime to claim 80C/80D deductions.
Calculate final tax balance. Claim direct bank refund or pay self-assessment tax, submit JSON utility, and e-Verify within 30 days via Aadhaar OTP.
Statutory ITR Filing Due Dates for AY 2026-27 (FY 2025-26)
31 July 2026
Due date for individuals, HUFs, salaried employees, and non-audit business filers (ITR-1, ITR-2, ITR-4, non-audit ITR-3).
31 October 2026
Due date for businesses/professionals liable to audit under Section 44AB (Audit Report Form 3CA/3CB-3CD due 30 Sept 2026).
30 November 2026
Due date for taxpayers required to submit a Transfer Pricing report under Section 92E for international transactions.
31 December 2026
Final deadline to file belated returns (Sec 139(4)) or revised returns (Sec 139(5)) with Section 234F fee (₹1,000–₹5,000).
Need a detailed salary or regime comparison?
Compare your deductions under Old vs New Tax Regime side-by-side or calculate exact take-home salary.
Tax Liability = Progressive Slab Tax (5%–30%) + 4% Health & Education Cess − Section 87A Rebate − Standard Deduction (₹75k)Statutory Allowances & Deductions
New Tax Regime standard deduction of ₹75,000 combined with Section 87A rebate provides zero tax liability up to ₹12.75 Lakhs gross for salaried taxpayers.
Under the Old Regime, Section 80C (₹1.5L), Section 80D (health insurance), and HRA Section 10(13A) provide extensive taxable income relief.