02 August 2013
ITR 1. form CANNOT BE USED by anindividual 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 Insuranceetc. ) 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