- Form No.:ITR-1 SAHAJDownload
For Individuals having Income from Salaries, One house property, Other sources (Interest etc.) Refer to Instructions for eligibility - Form No.:ITR-2Download
For Individuals and HUFs not having Income from Business or Profession - Form No.:ITR-2ADownload
For Individuals and HUFs not having Income from Business or Profession and Capital Gains and who do not hold foreign assets - Form No.:ITR-3Download
For Individuals/HUFs being partners in firms and not carrying out business or profession under any proprietorship - Form No.:ITR-4Download
For individuals and HUFs having income from a proprietary business or profession - Form No.:ITR-4S - SUGAMDownload
Presumptive business income tax return - Form No.:ITR-5Download
For persons other than,- (i) individual, (ii) HUF, (iii) company and (iv) person filing Form ITR-7 - Form No.:ITR-6Download
For Companies other than companies claiming exemption under section 11 - Form No.:ITR-7Download
For persons including companies required to furnish return under sections 139(4A) or 139(4B) or 139(4C) or 139(4D) or 139(4E) or 139(4F) - Form No.:AcknowledgementDownload
Acknowledgement
- Form No. : 3CADownload
Audit report under section 44AB of the Income-tax Act, 1961 in a case where the accounts of the business or profession of a person have been audited under any other law - Form No. : 3CBDownload
Audit report under section 44AB of the Income-tax Act, 1961, in the case of a person referred to in clause (b) of sub-rule (1) of rule 6G - Form No. : 3CDDownload
Statement of particulars required to be furnished under section 44AB of the Income-tax Act, 1961 - Form No. : 3CEBDownload
Report from an accountant to be furnished under section 92E relating to international transaction(s) - Form No. : 10ADownload
Application for registration of charitable or religious trust or institution under section 12A(1)(aa) of the Income-tax Act, 1961 - Form No. : 10BDownload
Audit report under section 12A(b) of the Income-tax Act, 1961, in the case of charitable or religious trusts or institutions - Form No. : 15CADownload
Information to be furnished for payments, chargeable to tax, to a non-resident not being a company, or to a foreign company - Form No. : 15CBDownload
Certificate of an accountant - Form No. : 15GDownload
Declaration under sub-sections (1) and (1A) of section 197A of the Income-tax Act, 1961, to be made by an individual or a person (not being a company or a firm) claiming certain receipts without deduction of tax - Form No. : 15HDownload
Declaration under sub-section (1C) of section 197A of the Income-tax Act, 1961, to be made by an individual who is of the age of sixty years or more claiming certain receipts without deduction of tax - Form No. : 16Download
Certificate under section 203 of the Income-tax Act, 1961 for tax deducted at source from income chargeable under the head "Salaries" - Form No. : 16ADownload
Certificate under section 203 of the Income-tax Act, 1961 for tax deducted at source - Form No. : 26ASDownload
Annual Tax Statement under section 203AA - Form No. : 35Download
Appeal to the Commissioner of Income-tax (Appeals) - Form No. : 36Download
Form of appeal to the Appellate Tribunal - Form No. : 49ADownload
Application for allotment of Permanent Account Number under section 139A of the Income-tax Act, 1961 - Form No. : 49AADownload
Application for Allotment of Permanent Account Number [Individuals not being a Citizen of India/Entities incorporated outside India/ Unincorporated entities formed outside India] - Form No. : 49BDownload
Form of application for allotment of Tax Deduction and Collection Account Number under section 203A of the Income-tax Act, 1961 - Form No. : 60Download
Form of declaration to be filed by a person who does not have a permanent account number and who enters into any transaction specified in rule 114B
- Form No.:Form 1Download
Notice of demand - Form No.:Form 2Download
Appeal to the Commissioner (Appeals) Designation of the Commissioner (Appeals) - Form No.:Form 3Download
Form of appeal to the Appellate Tribunal - Form No.:Form 4Download
Form of memorandum of cross-objections to the Appellate Tribunal - Form No.:Form 5Download
Certificate under section 31 or 33 of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 - Form No.:Form 6Download
Form of declaration of undisclosed asset located outside India under section 59 of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 - Form No.:Form 7Download
Acknowledgement of declaration of undisclosed foreign asset under Chapter VI of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 - Form No.:Form 8Download
Application for registration as an approved valuer under sub-section (1) of section 77 of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015
Income Tax Slabs for FY 2017-18 (AY 2018-19) and FY 2016-17 (AY 2017-18)
Income Tax Slab Rates for FY 2017-18 (AY 2018-19)
Part I: Income tax slab for individual tax payers & HUF (less than 60 years old) (both men & women)
| Income Slab | Tax Rate | |||
|---|---|---|---|---|
| Income up to Rs. 2,50,000* | No Tax | |||
| Income from Rs. 2,50,000 – Rs. 5,00,000 | 5% | |||
| Income from Rs. 5,00,000 – 10,00,000 | 20% | |||
| Income more than Rs. 10,00,000 | 30% | |||
| Surcharge: 10% of income tax, where total income is between Rs. 50 lakhs and Rs.1 crore. 15% of income tax, where total income exceeds Rs. 1 crore. |
||||
| Cess: 3% on total of income tax + surcharge. | ||||
| * Income upto Rs. 2,50,000 is exempt from tax if you are less than 60 years old. | ||||
Part II: Income tax slab for individual tax payers & HUF (60 years old or more but less than 80 years old) (both men & women)
| Income Slab | Tax Rate | |||
|---|---|---|---|---|
| Income up to Rs. 3,00,000* | No Tax | |||
| Income from Rs. 3,00,000 – Rs. 5,00,000 | 5% | |||
| Income from Rs. 5,00,000 – 10,00,000 | 20% | |||
| Income more than Rs. 10,00,000 | 30% | |||
| Surcharge: 10% of income tax, where total income is between Rs. 50 lakhs and Rs.1 crore. 15% of income tax, where total income exceeds Rs. 1 crore. |
||||
| Cess: 3% on total of income tax + surcharge. | ||||
| * Income up to Rs. 3,00,000 is exempt from tax if you are more than 60 years but less than 80 years of age. | ||||
Part III: Income tax slab for super senior citizens (80 years old or more) (both men & women)
| Income Slab | Tax Rate | |||
|---|---|---|---|---|
| Income up to Rs. 2,50,000* | No Tax | |||
| Income up to Rs. 5,00,000* | No Tax | |||
| Income from Rs. 5,00,000 – 10,00,000 | 20% | |||
| Income more than Rs. 10,00,000 | 30% | |||
| Surcharge: 10% of income tax, where total income is between Rs. 50 lakhs and Rs.1 crore. 15% of income tax, where total income exceeds Rs. 1 crore. |
||||
| Cess: 3% on total of income tax + surcharge. | ||||
| *Income up to Rs. 5,00,000 is exempt from tax if you are more than 80 years old. | ||||
Income Tax Slab Rates for FY 2016-17 (AY 2017-18)
Your income is taxed according to income tax slab rates. These income tax slab rates are also applicable for:
- FY 2015-16 (AY 2016-17)
- FY 2014-15 (AY 2015-16)
Part I: Income tax slab for individual tax payers & HUF (less than 60 years old) (both men & women)
| Income Slab | Tax Rate | |||
|---|---|---|---|---|
| Income up to Rs. 2,50,000* | No Tax | |||
| Income up to Rs. 5,00,000* | 10% | |||
| Income from Rs. 5,00,000 – 10,00,000 | 20% | |||
| Income more than Rs. 10,00,000 | 30% | |||
| Surcharge: 15% of income tax, where total income exceeds Rs.1 crore. |
||||
| Cess: 3% on total of income tax + surcharge. | ||||
| * Income upto Rs. 2,50,000 is exempt from tax if you are less than 60 years old. | ||||
Part II: Income tax slab for senior citizens (60 years old or more but less than 80 years old) (both men & women)
| Income Slab | Tax Rate | |||
|---|---|---|---|---|
| Income up to Rs. 3,00,000* | No Tax | |||
| Income from Rs. 3,00,000 – Rs. 5,00,000 | 10% | |||
| Income from Rs. 5,00,000 – 10,00,000 | 20% | |||
| Income more than Rs. 10,00,000 | 30% | |||
| Surcharge: 15% of income tax, where total income exceeds Rs.1 crore. |
||||
| Cess:>3% on total of income tax + surcharge. | ||||
| * Income up to Rs. 3,00,000 is exempt from tax if you are more than 60 years but less than 80 years of age. | ||||
Part III: Income tax slab for super senior citizens (80 years old or more) (both men & women)
| Income Slab | Tax Rate | |||
|---|---|---|---|---|
| Income up to Rs. 2,50,000* | No Tax | |||
| Income up to Rs. 5,00,000* | No tax | |||
| Income from Rs. 5,00,000 – 10,00,000 | 20% | |||
| Income more than Rs. 10,00,000 | 30% | |||
| Surcharge: 15% of income tax, where total income exceeds Rs. 1 crore. |
||||
| Cess: 3% on total of income tax + surcharge. | ||||
| * Income up to Rs. 5,00,000 is exempt from tax if you are more than 80 years old. | ||||
How to calculate income tax from income tax slabs?
This example explains how to apply tax slabs to calculate income tax for FY 2015-16 (AY 2016-17).
Rohit has a total taxable income of Rs. 8,00,000. This income has been calculated by including income from all sources such as salary, rental income and interest income. Deductions under section 80 have also been reduced. Rohit wants to know his tax dues for FY 2015-16(AY 2016-17).
| Income Slab | Tax Rate | Tax calculation |
|---|---|---|
| Income up to Rs. 2,50,000 | No Tax | |
| Income from Rs. 2,50,000 – Rs. 5,00,000 | 10% (Rs. 5,00,000 – Rs. 2,50,000) | Rs. 25,000 |
| Income from Rs. 5,00,000 – 10,00,000 | 20% (Rs. 8,00,000 – Rs. 5,00,000) | Rs. 60,000 |
| Income more than Rs. 10,00,000 | 30% | nil |
| Tax | Rs. 85,000 | |
| Cess | 3% of Rs. 85,000 | Rs. 2,550 |
| Total tax in FY 2015-16 (AY 2016-17) | Rs. 87,550 |
*Please Note that Rohit is an Individual assesse having an income tax exemption of Rs. 2,50,000. For other assesse as mentioned in table Part II & III, the Income tax limit for availing the exemption would be Rs. 3,00,000 & Rs. 5,00,000 respectively.
Income tax slab for domestic companies for FY 2015-16 (AY 2016-17)
If you are registered as a company, the income tax slab rates do not apply to you. Domestic companies are taxed at 30% on their total income. A 5% surcharge is payable if income is more than Rs 1 crore but less than Rs 10 crore. If total income is more than Rs 10 crore, 10% surcharge is applicable.
Some incomes are taxed at special rates
Although total income is taxable at income tax slab rates mentioned above. Some incomes are taxed at special rates.
| Nature | Tax Rate |
|---|---|
| Short term capital gains from assets (Other than shares & mutual funds) | At Income Tax Slab rates listed above |
| Long term capital gains from assets (Other than shares & mutual funds) | 20% |
| Short term capital gains on shares and equity mutual funds | 15% |
| Long term capital gains on shares and equity mutual funds | NIL |
| Short term capital gains on debt mutual funds | At Income Tax Slab rates listed above |
| Long term capital gains on debt mutual funds | At 20% with indexation |
Due date of filing income tax return for FY 2016-17(AY 2017-18) is
- 31st July 2017 for Individuals
- 30th September 2017 for Businesses
(This is income tax return for financial year 2016-17. Applicable for income earned from April 1st, 2016 to March 31st, 2017).