The Income Tax Department releases different Income Tax Return (ITR) forms each year for a specific Assessment Year. Taxpayers select the appropriate ITR form based on their residential status and sources of income.

Filing income tax returns is a fundamental obligation for every taxpayer, and selecting the appropriate Income Tax Return (ITR) form is the first step in this process. For the Assessment Year 2016-17, the Income Tax Department has designated various ITR forms tailored to different types of incomes and taxpayers.

ITR-2 Form serves as the Income Tax Return form for individuals and HUFs who lack any business or professional income.

Hindu Undivided Family, or HUF, stands as a distinct entity for Income Tax assessment purposes, offering tax advantages to its members.