20 October 2013
ITR7 . http://law.incometaxindia.gov.in/DITTaxmann/IncomeTaxRules/PDF/Ay-2013-2014/InstructionITR7_2013.pdf . . mandatory to file ITR7 electronically if trust is taking exemption under section 12A vide Noification 42/2013 . .
20 October 2013
ITR1 . http://law.incometaxindia.gov.in/DITTaxmann/IncomeTaxRules/PDF/Ay-2013-2014/Instruction_ITR_1_sahaj.pdf . . salary individual who dont have exmpt income more than 10000 can file ITR1 .
20 October 2013
Itr 7 applicable to ITR-7 For persons including companies required to furnish return under section 139(4A) or section 139(4B) or section 139(4C) or section 139(4D).
20 October 2013
Itr 1 : This Return Form is to be used by an individual whose total income for the assessment year 2012-13 includes:- (a) Income from Salary/ Pension; or (b) Income from One House Property (excluding cases where loss is brought forward from previous years); or (c) Income from Other Sources (excluding Winning from Lottery and Income from Race Horses)
For Individuals having Income from Salary / Pension, Income from One House Property (excluding loss brought forward from previous years) / Income from Other Sources (Excluding Winning from Lottery and Income from Race Horses)]
This form CANNOT BE USED by an individual if income for FY 2012-13 includes
Income from more than one house property or
Income from Winnings from Lottery / Race Horses or
Income from Capital Gains, which are not exempt from tax or
Income from Agriculture in excess of Rs. 5000/- or
Exempt Income (includes exempt amount of Conveyance Allowance, HRA, Other Exempt Allowances, Maturity amount of Insurance etc. ) in excess of Rs. 5000/- or
Loss under Head "income from Other Sources" or
Person claiming benefit of Foreign Tax paid u/s 90, 90A or 91 or
Income from Business or Profession or
A resident having any asset located outside India or signing authority in any account located outside India.
20 October 2013
ITR - 7 For persons including companies required to furnish return under section 139(4A) or section 139(4B) or section 139(4C) or section 139(4D)
NOTE: Acknolwledgement Form for all ITR Forms except ITR 7