Itr form

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

21 May 2013 I am a salaried individual. I get HRA & conveyance allowance which is exempt u/s 10.

I have been told that individuals whose income is exempt u/s 10 will file ITR 2.

Is this correct??

Please provide the notification/circular.

Guest

Guest (Expert)

21 May 2013 Any person whose exempted income u/s 10 exceeding Rs 5000, can not file ITR 1.

Applicable ITR to such person is ITR 2

The Instruction is issued with each ITR form you can check such Instruction for better understanding.

Hope it will solve your problem