It's is always the abbreviation of "it is" as in "It's (= it is) a nice day, isn't it?" Its is the possessive of "it" as in, "That is Morton's puppy but I don't know its name." In the second sentence, its means "belonging to it".
its - stands for ownership. Eg- I have read this book, its pages are yellow in colour.
it's or it is - pronoun Eg- It's a nice day. where it stands for 'today'.
its - stands for ownership. Eg- I have read this book, its pages are yellow in colour.
it's or it is - pronoun Eg- It's a nice day. where it stands for 'today'.
its - stands for ownership. Eg- I have read this book, its pages are yellow in colour.
it's or it is - pronoun Eg- It's a nice day. where it stands for 'today'.