Income Tax Return (ITR) is a form in which the taxpayers file information about their income earned and tax applicable to the income tax department.
The IT department has notified 7 various forms i.e. ITR 1, ITR 2, ITR 3, ITR 4, ITR 5, ITR 6 & ITR 7 to date. Every taxpayer should file his ITR on or before the specified due date. The applicability of ITR forms varies depending on the sources of income of the taxpayer, the amount of the income earned and the category the taxpayer belongs to like individuals, HUF, company, etc.
In the case of a serving armed forces personnel with no other source of income besides home, the property needs to file either ITR1 or ITR 2.