Whit itr form should be used

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

11 May 2018 Dear Sir/Madam,

Which ITR form should be used in the following cases?
1) The assessee has income from salary and income from interest

2) The assessee has income from salary, interest and shares (share trading)

3) The assessee has income from salary, interest and shares (share investment)

Nikhil Kaushik

Nikhil Kaushik (Expert)
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11 May 2018 1. ITR-1
2. ITR - 3/4 depending on whether you are offering income from share trading under presumptive basis
3. ITR - 2

Manoj Chauhan

Manoj Chauhan (Querist)
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13 May 2018 Thanks a lot!

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Nikhil Kaushik

Nikhil Kaushik (Expert)
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13 May 2018 you are welcome Manoj.

Querist : Anonymous

Querist : Anonymous (Querist)

04 June 2018 Dear sir,
One more related question in this matter: If the assessee is is engaged both in investing and trading shares, which ITR should be filed?
Thanks.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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04 June 2018 then use ITR-3. To be honest, is it not the basics of tax filing that you should know on your own?