Which ITR form should I file?

Short answerIt depends on your income. ITR-1 is for salaried individuals with income up to ₹50 lakh and one house. ITR-2 is for those with capital gains, more than one house, or foreign/NRI income. ITR-3 is for business or professional income. ITR-4 is for presumptive income. The wrong form gets your return marked defective.

Quick guide

  • ITR-1: salary/pension, one house, income up to ₹50 lakh
  • ITR-2: capital gains, more than one house, NRI, foreign assets
  • ITR-3: business or professional income
  • ITR-4: presumptive income (44AD/44ADA)

Common mistakes

If you have capital gains you can’t use ITR-1, and NRIs can’t use ITR-1 or ITR-4. Estimate your position with our income tax calculator or let our filing service pick and file the right form.

Talk to CA Vijay R Singh

Not sure which ITR form applies to you? You can message him directly, or book a short call to talk through your situation.

This answer is general information for NRIs, not tax advice. Tax rates, thresholds and forms change with each Finance Act — please confirm the current position for your own facts, or speak to us, before acting.

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