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    ITR-5

    Home Income Tax

    Filing Form ITR-5

    The taxpayers have to file returns on the basis of the income earned in a financial year and the kind of entity they fall under. Let’s explore in detail the taxpayers who are required to file Form ITR-5 and other relevant instructions pertaining to the same. The various provisions and sections mentioned in this article are of the Income Tax Act, 1961.

    BASIC (including taxes)

    ₹2199
    • For Individuals having Taxable Income less than Rs. 5 Lacs

    STANDARD (including taxes)

    ₹3199
    • For Individuals having Taxable Income upto 10 lacs

    PREMIUM (including taxes)

    ₹4699
    • For Individuals having Taxable Income upto 25 Lacs