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Filing of ITR

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(Querist)
20 April 2010 Suppose the only income of a person is 'bank interest'. Will he have to fill in ITR 1 or ITR 2.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
20 April 2010 My understaning is ITR 2 is the appropriate form.
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Rahul Ramesh

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Rahul Ramesh (Querist)
20 April 2010 ITR 1 says

[For Individuals having Income from Salary/ Pension/ family pension and Interest]

Does the Interest mentioned here include bank interest.
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shraddha

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shraddha (Expert)
20 April 2010 yes it include bank interest
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
20 April 2010 Agreed...
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Rahul Ramesh

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Rahul Ramesh (Querist)
21 April 2010 Thanks
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CMA.Palani Arumugam

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CMA.Palani Arumugam (Expert)
21 April 2010 Yes. U can file ITR 1. it is very simple.
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CMA Arif Farooqui

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CMA Arif Farooqui (Expert)
26 April 2010 but from A/Y 10-11, form will be changed and new form is yet to come
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
26 April 2010 ITR 1 FOR ASSESSMENT YEAR 2010-11 IS OFFICIALLY ANNOUNCED. PL SEE THE HOME PAGE IN www.incometaxindia.gov.in
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CMA Arif Farooqui

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CMA Arif Farooqui (Expert)
28 April 2010 yes, form for A/Y 10-11 released and it is Saral 2- ITR 1
thanks Warrier sir

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