06 July 2013
I am a salaried individual. My income for FY 12-13 includes conveyance allowance of Rs 96000 and tax on employment as Rs 2400. I do not have income from property or any capital gain. Which ITR Form do I have to use to file my return for AY 13-14 ? is it ITR 1 or 2?
06 July 2013
If you are claiming exemption u/s 10(14) (ii) read along with rule 2BB from the conveyance allowance and such claim exceeds Rs.5,000/- , then for filing income tax return ITR-2 is recommended.
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