It is not applicable if :
- Taxpayer winning prize money from Lottery or Race horses; or
- Taxpayer having Income from more than one house property; or
- Taxpayer having loss from other sources; or
- Taxpayer having Agricultural income more than Rs. 5,000/-; or
- Taxpayer having Capital gain or Capital loss on sale of shares or any other capital assets; or
- Taxpayer having Income from Business or Profession; or
- Taxpayer who is claiming relief of foreign income on his return; or
- Resident Taxpayer having Assets or Signing Authority outside India; or
- Resident Taxpayer having earned Income outside India.