Previously used to submit ITR - 2. During F Y 2016-17, there is no income from Capital Gain, as I have not redemed my investment in MF in this F Y but have made investment in MF. I have income from salary and Bank Interest only.Can I submit ITR 1 instead of ITR 2 for the A Y 2017-18.
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Submission of itr 1
Replies (4)
Yes you can file ITR-1 this year.
yes you can file ITR1
I have heard that it is mandatory to use ITR 2 instead of ITR 1 if exempt income exceed Rs 5000. Is it true?
That was the case earlier however now you can file it provided your agricultural income does not exceed Rs. 5,000/-.
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