Answer

1. F

   Facts

   The form depends on who you are, your residential status and your types of income. ITR-1 and ITR-4 are simple forms for residents within limits; ITR-2 and ITR-3 cover wider cases; ITR-5, 6 and 7 are for firms, companies and trusts.

2. P

   Provisions and law

   • Rule 12, Income-tax Rules 1962 (now Rule 164, Income-tax Rules 2026)Prescribes the ITR forms and who must use which form.
   • Sec 139(1), Income-tax Act 1961 (now Sec 263(1), Income-tax Act 2025)Return to be filed by the due date when income exceeds the exemption limit or a set condition applies.
3. A

   Analysis

   Start with status: only residents can use ITR-1 and ITR-4. Then see income: salary and interest only fits ITR-1; capital gains or foreign assets need ITR-2; business or profession needs ITR-3, or ITR-4 if presumptive. Income above ₹50 lakh rules out ITR-1 and ITR-4. When in doubt, the portal asks questions and suggests a form.

4. C

   Conclusion

   1. 1Work out your residential status.
   2. 2List every type of income.
   3. 3Check limits like ₹50 lakh total income.
   4. 4Pick the form, or use the portal's help me decide option.

General guidance from TaxSavvy’s library of money processes. Laws change; your Savvy confirms the answer on your exact case before anything is filed.