Which ITR should be filed for the Income from Salary and 1 House property ( Interest on repayment of loan ) - ITR 1 or 2 ?
ITR 1 or 2 ?
(Guest)
3 Replies
Rahul Gupta
(Project Controller ACA MBA(Fin.))
(8019 Points)
Replied 20 July 2010
ITR-1.
ITR -1 is to be used by an individual whose total income for the assessment year 2010-11 includes:-
(a) Income from Salary/ Pension; or
(b) Income from One House Property (excluding cases where loss is brought forward from previous years); or
(c) Income from Other Sources (Excluding Winning from Lottery and Income from Race Horses).
Rahul Gupta
(Project Controller ACA MBA(Fin.))
(8019 Points)
Replied 20 July 2010
It is for one of them also and for both also..
Recent Topics
- Get Back Lost Digital Assets with GrayHat Hacks Co
- Regarding Tax on ESOP at the time of Exercise - Un
- Adoption of consolidated accounts after 10 months
- TDS on Salary Upto 7 Lacs
- Income tax liability on pass through funds
- Tax base information as per IT acts
- GST -9 - Where to Show the March 24 Party Filed La
- Articleship experience BGV
- Royalties
- Handling of NRO TDS
Related Threads
CAclubindia
