Regarding i tax return

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 February 2014 First time I filed a Business return for FY 12 -13.because of getting of professional fees u/s 94 j.Now i want to take loan so 3 years i tax returns required so can i file return of fy 11-12 now means before 31.3.14 but that time i got salary .so that return will be itr 1.& now also i m getting salary income. so this year ie fy 13-14 return will also itr 1.is it correct?

09 February 2014 yes you are correct..you may use ITR1.

09 February 2014 1. You can File ITR 1 for FY 2011-12 or say AY 2012-13 as the income to be reported is under the head of salary and/or interest.
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2. Now also, as you are having salary income and are not having any business income you can file the Return of AY 2014-15 in the prescribed form (Which may or may not be named as ITR 1. as it will be notified later). In case there is no change in future , you will be able to file the return in ITR 1.
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So you are almost correct.


10 February 2014 To file 12/13 without filing 11/12...inviting dept to issue notice....
Hence u r advised to file 11/12 return at earliest ...ITR 1
OK



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