Itr

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

12 May 2013 SIR,
pl guide which ITR should I file. My annual income is 5.07 Lacs but after deducting chapter VI and other exempted income it is coming under 5 lacs. My house loan is running. i.e. i am paying interest on my home loan. Which return i should fill ITR-1 or 2 or else ?

My second question is my mother is having interest income from FDs and some misc.income less than 50000. Which return should i fill cause bank has deducted TDS due to non filing of 15-H .
Please guide

Guest

Guest (Expert)

12 May 2013 1) If exempted income exceeds Rs 5000 then ITR 2

2) ITR 1 can be filled

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