Which itr form is applicable itr-2 or itr-2a ?
Navin Talati (Others) (44 Points)
28 August 2015Navin Talati (Others) (44 Points)
28 August 2015
Udgam Koomar
(Tax Technologist)
(1949 Points)
Replied 29 August 2015
Why are you focussing on ITR2/A??? ITR1 is more than enough for this. Keep is short and simple.
Navin Talati
(Others)
(44 Points)
Replied 29 August 2015
Deepak Gupta
(CA Student)
(15922 Points)
Replied 29 August 2015
Rule 12(1)(a) of the Income-tax Rules, 1962:
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In the case of a person being an individual where the total income includes income chargeable to income-tax, under the head—
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(i) "Salaries" or income in the nature of family pension as defined in the Explanation to clause (iia) of section 57; or
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(ii) "Income from house property", where assessee does not own more than one house property and does not have any brought forward loss under the head; or
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(iii) "Income from other sources", except winnings from lottery or income from race horses and does not have any loss under the head,
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be in Form [SAHAJ] (ITR-1) and be verified in the manner indicated therein:
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Provided that the provisions of this clause shall not apply to a person who,—
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(I) is a resident, other than not ordinarily resident in India within the meaning of sub-section (6) of section 6 and has,—
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(i) assets (including financial interest in any entity) located outside India; or
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(ii) signing authority in any account located outside India; or
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(iii) income from any source outside India;
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(II) has claimed any relief of tax under section 90 or 90A or deduction of tax under section 91; or
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(III) has agricultural income, exceeding five thousand rupees;
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