Which ITR?

18 May 2018

which ITR should i file when my income is from salary is below 50lakhs and also have IFOS ₹40000?

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6 Replies

A B Kundu (Professional) (1422 Points)
Replied 18 May 2018

ITR-1 is applicable in that case.

1 Like

Sarath Rajendran (Nil) (2791 Points)
Replied 18 May 2018

ITR- 1

VIRAJ KHODKE (44 Points)
Replied 18 May 2018

Is it mandatory to file ITR if im registered for filing it online?

1 Like

A B Kundu (Professional) (1422 Points)
Replied 18 May 2018

You have to file your return online only after logging into income tax portal.

VIRAJ KHODKE (44 Points)
Replied 18 May 2018

but now im registered on the site & not filed ITR yet... so now is it mandatory to file it after registration?

CA Rashmi Gandhi (Chartered Accountant) (86308 Points)
Replied 18 May 2018

ITR-1

It's not mandatory to file return after registration.

But if you filed it after July then a penalty upto rs. 5000 levied....

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