I am a salaried employee and i own a house(self occupied) and i am paying interest and prinicple for the loan taken. since last year i have filed ITR 2. Please advice which return form i need to use. The new saral II form or ITR 2.
thanks
Prasanna
Prasanna (Asst Manager Fin) (28 Points)
24 May 2010I am a salaried employee and i own a house(self occupied) and i am paying interest and prinicple for the loan taken. since last year i have filed ITR 2. Please advice which return form i need to use. The new saral II form or ITR 2.
thanks
Prasanna
CA. Pradeep Nayak
(Not In Practice)
(1408 Points)
Replied 24 May 2010
You can use SARAL-II (ITR-1) provided you own only 1 house property. Else you have to use ITR-2.
Kumar
(Article)
(922 Points)
Replied 27 May 2010
ITR 2 if u have loss brought forward, more than 1 house property..... else go for ITR 1 (Saral)