How would I know which ITR to file?
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Modified on: Mon, 7 Nov, 2022 at 6:05 PM
The ITR form that a taxpayer needs to submit varies depending on the type of income, the category taxpayer falls under (individual, HUF, or company), the financial situation of the individual, and residential status.
Taxpayers will have to go through the process of filing their ITR again in case they choose the wrong ITR form number.
Glyde supports ITR 1, ITR 2, ITR 3 and ITR 4 from the seven various forms. You just need to enter your income details and glyde will automatically select the correct ITR for you.
For example,
As you enter your salary income details, glyde will accurately choose ITR 1,
If you import any trades as a capital gain from our broker partners, it will show ITR 2
And if it's an intraday and F&O, it will automatically fall into business & profession income, then glyde will correctly show as an ITR 3.
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