Income tax Return is Annual Form in which A Person have to shows the Income Earned during the Financial year. It is Self-Assessment Form which every persons require to File. There are 7 types of Persons define in the Income tax act which includes Individual, HUF, Firm, AOP/BOI, Company , Local authority, Artificial judicial person. There are 5 heads of income in which person is require to show Income earned during the financial year. If Any TDS/TCS is deducted by any Person from the Income earned by you then you will get such TDS/TCS Refund if you are not liable to pay taxes on your Income. So it is compulsory to File Income tax Return even if you have Income less than basic exemption limit.

The form that contains information of income and tax paid of an Assessee is called Income Tax Return. The Income Tax Department of India has various forms for it such as ITR 1, ITR 2, ITR 3, ITR 4S, ITR 5, ITR 6 and ITR 7. Time line for filing ITR of non-audited Persons is 31st July of next year and for Persons who falls in Audit Category is 30th September of the Next year.