House property
Divya Priya (student) (333 Points)
23 February 2020
NRI buys one house property this year above 50Lakhs . In which ITR it should be filed?
2 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177824 Points)
Replied 23 February 2020
Unless taxable income is above basic exemption limit, no need to file ITR.
In general ITR 2 will be suitable.
CA Piyush Agarwal
(CHARTERED ACCOUNTANT)
(1499 Points)
Replied 23 February 2020
If taxable income exceed basic exemption limit than required to file ITR
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