return of income tax for a.y.2011-12

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

08 June 2011 if return of income is filed in itr 1 saral II for a.y.2010-11 whether return of income for a.y.2011-12 can be filed in itr 2 even if no capital gains or house property income but in future possibility of capital gains. or return for a.y. 2011-12 should be filed in itr 1 sugam and in later years when there is capital gains itr 2 should be filed. assessee is having only salary & interest and dividend income for both the years

CMA. Subhash Kumar Jha

CMA. Subhash Kumar Jha (Expert)
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08 June 2011 ITR should be filed for income earned in a particular year. so if, only salary or interest income has been earned, only ITR 1 should be filed. No need to see the future possibility as the ITR is only concerned with the current year not the future years.

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Querist : Anonymous

Querist : Anonymous (Querist)

08 June 2011 thank you so much sir for the reply

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