ITR Forms 2, 3, and 5 Notified for Assessment Year 2024-25 – Key Changes Unveiled

The Income Tax Department has officially notified the Income Tax Return Forms 2, 3, and 5 for filing tax returns for the assessment year 2024-25.

The Central Board of Direct Taxes (CBDT) made this announcement on January 31, 2024, following the prior notification of ITR-1 and ITR-6 forms in December 2023 and January 2024, respectively.

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Effective Date and Changes:

According to CBDT, the changes in the ITR forms have been implemented to enhance taxpayer convenience and simplify the return-filing process.

All ITR forms, ranging from ITR-1 to ITR-6, have been officially notified and will come into effect from April 1, 2024, for filing returns.

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Understanding the ITR Forms:


Individuals and Hindu Undivided Families (HUF) without income from business or profession, not eligible for ITR Form-1 (Sahaj), can file ITR-2.

2.ITR-3 and ITR-4:

Individuals with income from business or profession can use ITR Form-3.


ITR-4 (Sugam) is designed for resident individuals, HUFs, and firms (excluding LLP) with total income up to Rs 50 lakh, including income from business and profession.

3.ITR-5 and ITR-6:

Partnership firms and LLPs can opt for ITR Form-5.


ITR Form-6 is suitable for companies, excluding those claiming exemption under Section 11.

These forms, with their specific eligibility criteria, cater to diverse taxpayers, ensuring a comprehensive and streamlined approach to income tax return filing for the upcoming assessment year.

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