Income Tax Return (ITR) – Which Form to Choose

Income tax department has opened its return filing portal for the Assessment Year 2020-21. One can see that you have 7 Income tax forms in the portal based on the nature of the person. In this blog we will give a heads up on the comparison of commonly used Income tax return forms:

1. ITR 1 vs ITR 2 and
2. ITR 3 vs ITR 4