Hindu Undivided Family (HUF) for AY 2025-2026

Returns and Forms Applicable for Hindu Undivided Family (HUF) for AY 2025-26

Disclaimer: The content on this page is only to give an overview and general guidance and is not exhaustive. For complete details and guidelines please refer Income Tax Act, Rules and Notifications.

1. ITR-2 - Applicable for Individual (Not eligible for ITR 1) and HUF

This return is applicable for Individual and Hindu Undivided Family (HUF)

Having income under any head other than Profits and Gains of Business or Profession

Who is not eligible for filing ITR-1 (applicable only for individual)

2. ITR-3 - Applicable for Individual and HUF

This return is applicable for Individual and Hindu Undivided Family (HUF)

Having income under the head Profits and Gains of Business or Profession

Who is not eligible for filing ITR-1, ITR-2 or ITR-4

3. ITR-4 (SUGAM) - Applicable for Individual, HUF and Firm (other than LLP)

This return is applicable for an Individual or Hindu Undivided Family (HUF), who is Resident other than Not Ordinarily Resident or a Firm (other than LLP) which is a Resident having Total Income up to ₹ 50 lakh and having income from Business or Profession which is computed on a presumptive basis (u/s 44AD / 44ADA / 44AE) and income from any of the following sources:

Salary / Pension

One House Property

Other sources (Interest, Family Pension Dividend etc.)

Agricultural Income up to ₹ 5,000

Capital gains Income u/s 112A up to Rs. 125000

Note: 1

ITR-4 not applicable to a person who:

is a Director in a company
is a Director in a company
has short term capital gain
has Long-term capital gain u/s 112A exceeding Rs.1.25 lakhs
has held any unlisted equity shares at any time during the previous year.
has any asset (including financial interest in any entity) located outside India.
has signing authority in any account located outside India.
has income from any source outside India.
is a person in whose case payment or deduction of tax has been deferred on ESOP.
who has any brought forward loss or loss to be carried forward under any head of income.
has total income exceeding Rs. 50 lakhs.

Note:2

ITR-4 (Sugam) is not mandatory. It is a simplified return form to be used by an Assessee, at his option, if he is eligible to declare Profits and Gains from Business and Profession on presumptive basis u/s 44AD, 44ADA or 44AE.

Forms Applicable

1. Form 16A – Certificate u/s 203 of the Income Tax Act, 1961 for TDS on Income other than Salary

Provided by	Details provided in the form:
Deductor to Deductee	Form 16A is a Tax Deducted at Source (TDS) certificate that denotes the amount of TDS, Nature of Payments and the TDS deposited with the Income Tax Department on Income other than Salary

Form 26 AS

AIS (Annual information Statement)

Provided by:

Income Tax Department (It is available on e-Filing Portal:

Details provided in the form:

Tax Deducted / Collected at Source.

Provided by:

Income Tax Department (It can be accessed after logging on to Income Tax e-Filing portal)

Go to e-filing portal > login > AIS

Details provided in the form:

Tax Deducted / Collected at Source
SFT Information
Payment of taxes
Demand / Refund

Other information (like Pending/Completed proceedings, GST Information, Information received from foreign government etc)

3. Form 15G - Declaration by resident taxpayer (not being a Company or Firm) claiming certain receipts without deduction of tax

Submitted by	Details provided in the form
A Resident Individual less than 60 years or HUF or any other Person (other than Company / Firm), to Bank, for not deducting TDS on interest income if the income is below basic exemption limit.	Estimated Income for the FY

4. Form 67- Statement of Income from a country or specified territory outside India and Foreign Tax Credit

Submitted by	Details provided in the form
Taxpayer, to be furnished on or before due date specified for furnishing the ITRs u/s 139(1).	Income from a country or specified territory outside India and Foreign Tax Credit claimed.

5. Form 3CB-3CD

Submitted by

Details provided in the form

Taxpayer who is required to get his Accounts audited by an Accountant u/s 44AB.

To be furnished one month before the due date for furnishing the return of income under sub-section (1) of section 139.

Report of Audit of Accounts (Form 3CB) and Statement of Particulars (Form 3CD) required to be furnished u/s 44AB of the Income Tax Act, 1961

6. Form 3CEB

Submitted by

Details provided in the form

Taxpayer who enters into an international transaction or specified domestic transaction is required to obtain a report from a chartered accountant u/s 92E.

To be furnished one month before the due date for furnishing the return of income under sub-section (1) of section 139.

Report from a Chartered Accountant containing details of all International Transaction(s) and Specified Domestic Transaction(s).

Tax Slabs for AY 2025-26***

The Finance Act 2024 has amended the provisions of Section 115BAC w.e.f AY 2024-25 to make new tax regime the default tax regime for the assessee being an Individual, HUF, AOP (not being co-operative societies), BOI or Artificial Juridical Person. However, the eligible taxpayers have the option to opt out of default tax regime and choose to be taxed under old tax regime. The old tax regime refers to the system of income tax calculation and slabs that existed before the introduction of the new tax regime. In the old tax regime, taxpayers have the option to claim various tax deductions and exemptions. However, in default tax regime, tax rates are lower compared to old tax regime.

In "non-business cases", option to change the default tax regime can be exercised every year directly in the ITR and such ITR is required to be filed on or before the due date specified under section 139(1).

In case of eligible taxpayers having income from business and profession, if taxpayer wants to opt out of default tax regime, they have to furnish Form-10-IEA on or before the due date u/s 139(1) for furnishing the return of income. Also, for the purpose of withdrawal of such option i.e. re-entering into new tax regime shall also be done by way of furnishing Form No.10-IEA. However, option to withdraw old tax regime and re-entering into default tax regime is available only in subsequent AY and is available only once in lifetime for eligible taxpayers having income from business and profession.

Tax rates for HUFs (resident or non-resident) during the previous year are as under:

Old Tax Regime			Default Tax Regime u/s 115BAC (1A)
Income Tax Slab	Income Tax Rate	*Surcharge	Income Tax Slab	Income Tax Rate	*Surcharge
Up to ₹ 2,50,000	Nil	Nil	Up to ₹ 3,00,000	Nil	Nil
₹ 2,50,001 - ₹ 5,00,000**	5% above ₹ 2,50,000	Nil	₹ 3,00,001 - ₹ 7,00,000**	5% above ₹ 3,00,000	Nil
₹ 5,00,001 - ₹ 10,00,000	₹ 12,500 + 20% above ₹ 5,00,000	Nil	₹ 7,00,001 - ₹ 10,00,000	₹ 20,000 + 10% above ₹ 7,00,000	Nil
₹ 10,00,001- ₹ 50,00,000	₹ 1,12,500 + 30% above ₹ 10,00,000	Nil	₹ 10,00,001 - ₹ 12,00,000	₹ 50,000 + 15% above ₹ 10,00,000	Nil
₹ 50,00,001- ₹ 100,00,000	₹ 1,12,500 + 30% above ₹ 10,00,000	10%	₹ 12,00,001 - ₹ 15,00,000	₹ 80,000 + 20% above ₹ 12,00,000	Nil
₹ 100,00,001- ₹ 200,00,000	₹ 1,12,500 + 30% above ₹ 10,00,000	15%	₹ 15,00,001- ₹ 50,00,000	₹ 1,40,000 + 30% above ₹ 15,00,000	Nil
₹ 200,00,001- ₹ 500,00,000	₹ 1,12,500 + 30% above ₹ 10,00,000	25%	₹ 50,00,001- ₹ 100,00,000	₹ 1,40,000 + 30% above ₹ 15,00,000	10%
Above ₹ 500,00,000	₹ 1,12,500 + 30% above ₹ 10,00,000	37%	₹ 100,00,001- ₹ 200,00,000	₹ 1,40,000 + 30% above ₹ 15,00,000	15%
			Above ₹ ₹ 200,00,001	₹ 1,40,000 + 30% above ₹ 15,00,000	25%

*Note: The enhanced surcharge of 25% & 37%, as the case may be, is not levied, from income chargeable to tax under sections 111A, 112, 112A and Dividend Income. Hence, the maximum rate of surcharge on tax payable on such incomes shall be 15%, except when the income is taxable under section 115A, 115AB, 115AC, 115ACA and 115E.

***Note: Health & Education cess @ 4% to be paid on the amount of income tax plus Surcharge (if any) in both the regimes.

Marginal relief can be claimed from surcharge if the amount of income earned exceeding ₹ 50 lakhs, ₹ 1 crore, ₹ 2 crore or ₹ 5 crores respectively as under:

Net Income Range		Marginal Relief
Exceeds (Rs.)	Does not exceed (Rs.)
50 Lakh	1 Crore	Amount payable as income tax and surcharge shall not exceed the total amount payable as income tax on total income of Rs 50 Lakh by more than the amount of income that exceeds Rs 50 Lakhs
1 Crore	2 Crore	Amount payable as income tax and surcharge shall not exceed the total amount payable as income-tax on total income of Rs. 1 crore by more than the amount of income that exceeds Rs. 1 crore
2 Crore	5 Crore	Amount payable as income tax and surcharge shall not exceed the total amount payable as income-tax on total income of Rs. 2 crore by more than the amount of income that exceeds Rs. 2 crore
5 Crore	–	Amount payable as income tax and surcharge shall not exceed the total amount payable as income-tax on total income of Rs. 5 crore by more than the amount of income that exceeds Rs. 5 crore.

Investments / Payments / Incomes on which a taxpayer can get tax benefit

Following deductions will be available to a taxpayer opting for the New Tax Regime u/s 115BAC (1A):

1. Section 24(b) – Deduction from Income from House Property on interest paid on housing loan:

Nature of Property	Purpose of loan	Allowable (Maximum limit)	Details Required
Let Out	Construction or purchase of house property	Actual value without any limit (But loss if any under the head “Income from house property” cannot be set off against any other heads in schedule CYLA and cannot be carry forward to further years)	Loan taken from bank / other than bank • Name of the bank / institution / person from whom the loan is taken • Loan Account Number. • Date of sanction of loan • Total Amount of loan • Loan outstanding as on last date of financial year • Interest on borrowed capital u/s 24(b)

2. Tax deductions specified under Chapter VI-A of the Income Tax Act

Chapter VI-A deductions will not be available to a HUF taxpayer opting for the New Tax Regime u/s 115 BAC.

B. Following deductions will be available to a taxpayer opting for the Old Tax Regime

Section 24(b) – Deduction from Income from House Property on interest paid on housing loan & housing improvement loan. In case of self- occupied property, the upper limit for deduction of interest paid on housing loan is ₹ 2 lakh. Interest on loan u/s 24(b) allowable is tabulated below:

Nature of Property	When loan was taken	Purpose of loan	Allowable (Maximum limit)	Details Required
Self-Occupied	On or after 1/04/1999	Construction or purchase of house property	₹ 2,00,000	Loan taken from bank / other than bank • Name of the bank / institution / person from whom the loan is taken • Loan Account Number. • Date of sanction of loan • Total Amount of loan • Loan outstanding as on last date of financial year • Interest on borrowed capital u/s 24(b)
	On or after 1/04/1999	For Repairs of house property	₹ 30,000
	Before 1/04/1999	Construction or purchase of house property	₹ 30,000
	Before 1/04/1999	For Repairs of house property	₹ 30,000
Let Out	Any time	Construction or purchase of house property	Actual value without any limit

2. Tax deductions specified under Chapter VIA of the Income Tax Act

80C

Deduction towards payments made to

Life Insurance Premium
Provident Fund
Subscription to certain equity shares
Tuition Fees
National Savings Certificate,
Housing Loan Principal
Other various items

Combined deduction limit of

₹ 1,50,000

Details to be filled in ITR for each eligible payment

• Policy number or document identification number
• Amount eligible for deduction u/s 80C

Note:

Taxpayers claiming deduction u/s 80 C, must provide the details as below:
• Amount eligible for deduction
• Policy number or Document identification Number

80D

Deduction towards payments made to Health Insurance Premium & Preventive Health check up

For members of HUF (below 60 years)

Deduction limit is
₹ 25,000 & ₹ 5,000 for preventive health check up, included in above limit

For members of HUF ( above 60 years)

Deduction limit is
₹ 50,000 & ₹ 5,000 for preventive health check up, included in above limit

Deduction towards medical expenditure incurred on a Senior Citizen, if no premium is paid on health insurance coverage

Deduction limit is ₹ 50,000

Note:
Taxpayers claiming deduction u/s 80 D, must provide the details as below:
• Name of the Insurer (Insurance Company)
• Policy Number
• Health Insurance amount

80DD

Deduction towards payments made towards Maintenance or Medical Treatment of a Disabled dependent or paid / Deposited any amount under relevant approved scheme.

Flat deduction of
₹ 75,000
available for a person with Disability, irrespective of expense incurred.

The deduction is
₹ 1,25,000
if the person has Severe Disability (80% or more).

Note:

For claiming deduction u/s 80 DD below details need to be provided in ITR :
• Nature Of Disability
• Type of Disability
• Amount of Deduction
• Type of dependent – being “Member of HUF”
• PAN of the Dependent
• Aadhaar of the Dependent
• Acknowledgement no. of form 10 IA filed in case of autism, cerebral palsy, or multiple disabilities
• UDID number (if available)

80DDB

Deduction towards payments made towards Medical Treatment of Self or dependant for specified disease.

Deduction limit of
₹ 40,000
(₹1,00,000 if Senior Citizen)

80G

Deduction towards donations made to prescribed Funds, Charitable Institutions, etc.

Donation are eligible for deduction under the below categories

Without any limit

100% deduction
50% deduction

Subject to qualifying limit

100% deduction
50% deduction

Note: No deduction shall be allowed under this Section in respect of donation made in cash exceeding ₹ 2,000/-

80GGA

Deduction towards donations made for Scientific Research or Rural Development

Donation are eligible for deduction under the below categories:

Research Association or University, College or other Institution for

Scientific Research
Social Science or Statistical Research

Association or Institution for

Rural Development
Conservation of Natural Resources or for Afforestation

PSU or Local Authority or an Association or Institution approved by the National Committee for carrying out any eligible project

Funds notified by Central Government for

Afforestation
Rural Development

National Urban Poverty Eradication Fund as setup and notified by Central Government

Note: No deduction shall be allowed under this Section in respect of donation made in cash exceeding ₹ 2,000/-

80GGC

Deduction towards donations made to Political Party or Electoral Trust

Deduction of total amount paid through any mode other than cash

80TTA

Deduction on interest received on deposit with saving bank accounts

Deduction limit of
₹ 10,000