when gross salary> 50 lacs, net salary (after sec 10 allowances) is < 50 lacs, whether ITR 1 can be used
2 Replies
Balamurali Unnithan MS
(STUDENT)
(1631 Points)
Replied 30 December 2020
Not , ITR 2 - above 50 lakhs as salary
Ayaz Ansari
(39 Points)
Replied 31 December 2020
Yes you can use ITR 1, coz it clearly says that where TOTAL INCOME (income after exemption and deduction) is upto 50lakhs
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