Itr form

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

26 July 2014 I have income from the following
1)Share Dividend,
2)Bank FD & saving account interest
3)Mutual fund dividend
4)Annuity
can u pl suggest which itr form I should use & which income are taxable & which are not

Sandeep Dharar

Sandeep Dharar (Expert)
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26 July 2014 As per me u have to file ITR-2.

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

26 July 2014 which income are taxable & which are not

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Sandeep Dharar

Sandeep Dharar (Expert)
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26 July 2014 Dividend income fully exempted(if earned from Indian company).
Bank FD and saving interest fully taxable(u can claim deduction u/s 80TTA for bank saving interest upto Rs. 10K).

And elaborate regarding Annuity. What type of income is this? If LIC is matured then fully exempted.

Querist : Anonymous

Querist : Anonymous (Querist)

26 July 2014 Yearly recd from HDFC

Sandeep Dharar

Sandeep Dharar (Expert)
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26 July 2014 Then Fully Taxable.