Salary return query

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

16 June 2013 as per income tax notification if exempt income exceed Rs. 5000/- u/s 10,10a etc. can not filed ITR1 . My question is, my one of the client received conveyance allowances for F.Y. 2012-13 Rs.9600/- , which is exempted u/s 10 , so i file a return in which ITR, ITR1 or ITR2

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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16 June 2013 No. Salaried person can file ITR-1. Conveyance allowance comes under salary income and exempted from u/s.10(14) and ITR-1 also has provision for giving exemption u/s.10

Guest

Guest (Expert)

16 June 2013 CMA Ramesh Krishnan is right, if exempted income u/s 10 exceeds Rs 5000, ITR 2 is to be filled.
And conveyance allowance is exempted u/s 10(14)

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