Query on income tax return filing
Vaish T (85 Points)
15 July 2016Vaish T (85 Points)
15 July 2016
Dinesh Mertiya
(PROFESSIONAL)
(761 Points)
Replied 15 July 2016
you may submit ITR-2
if your exempt income is more than 5000/-
no matter
File ITR-1, is appropriate
Dinesh Mertiya
(PROFESSIONAL)
(761 Points)
Replied 15 July 2016
"Asset and Liability at the end of the year (Applicable in a case where total income exceeds Rs. 50 lakh) "
since your total income is not exceeds Rs. 50 Lakh, above schedule is not applicable
Vaish T
(85 Points)
Replied 15 July 2016
Sorry, I just confused with the response. Should I file ITR-1 or ITR2 ? Thank you.
Dinesh Mertiya
(PROFESSIONAL)
(761 Points)
Replied 15 July 2016
you should file your return in Form ITR-1
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