Eligibility Criteria for ITR 1, ITR 2, ITR 3, and ITR 4 Forms/ Best law firm in Coimbatore/ Best advocates in Coimbatore/Best law service in Coimbatore/ Best legal consultation in Coimbatore/ Best legal services in Coimbatore/ Best lawyers in Coimbatore/ Online legal consultation. ITR Forms 1, 2, 3, and 4 are the Income Tax Return forms used in India for individuals and businesses to file their tax returns. These forms are used to report income earned during the financial year and to calculate the tax liability of the individual or business. ITR 1: Also known as Sahaj, is for individuals who have income from salary or pension, or have a total income of less than 50 lakhs per year. This form is for individuals who have a single source of income and do not have any additional income from house property, capital gains, or other sources. It is also used by individuals who are not required to maintain books of accounts and have no business income. ITR 2: ITR 2 is for individuals and HUFs or Hindu Undivided Families who do not have income from profits and gains of business or profession. This form is used by individuals who have income from multiple sources such as salary, house property, capital gains, or other sources. It is also used by individuals who are required to maintain books of accounts but do not have any business income. ITR 3: ITR 3 is for individuals and HUFs who have income from profits and gains of business or profession. This form is used by individuals who have income from a business or profession and are required to maintain books of accounts. It is also used by individuals who have capital gains or losses from the transfer of capital assets. ITR 4: ITR 4 is filed by small business owners who do not keep books of accounts but keep a sales ledger in estimated volume, such as internet merchants, dealers, distributors, and manufacturers, among others. Additionally, freelancers and professionals such as chartered accountants, lawyers, and doctors. We at Saanvika Legal Associates offer various legal services such as Trust deeds, Financial law, Insurance law, and other laws including Environment, Consumer, Property, Banking, Tax, Cyber Constitutions, Labor, Civil, Criminal, Family, Property, registration, Getting nocs, and so on. Also, you can consult all aspects related to Legal notice, documentation, Legal registration, Property organization, forming companies, Family legal consultation, Civil and Criminal legal consultants, and Litigation of finance and property.