Hi,
I am a housewife with just interest income and loss from house property (housing loan). WHich return should I file? Should it ITR 2 or ITR 2A?
7 Replies
navratan soni
(Chartered accountant)
(28 Points)
Replied 07 July 2015
ITR 2 is for individuals and HUF who does not have Income from Business and profession
ITR 2A is for individuals and HUF who does not have income from Business and profession + Capital gain and also who does not have foreign assets
conclusion - as you have interest income and loss from house property go for ITR 2A (assuming you dont have or holds foreign assets)
Dolly
(CA Job)
(28 Points)
Replied 07 July 2015
You have to file ITR 2A.
From this year i.e. F.Y. 2014-15, new ITR - 2A has come into effect . If Individuals/ HUF do not have PGBP income, capital gain income and also do not hold foreign assets, then they can file ITR - 2A. ITR- 2 is to be filed in case of capital gain income or having any foreign assets.
vramaratnam
(CA Business)
(29 Points)
Replied 07 July 2015
As you have interest income and loss from house propert it is better to go for ITR 2A.
ITR 2 is a much wider form as compared to ITR 2A. Anyone who can use ITR A can also use ITR 2.
Irfan Khan
(CA FINAL)
(508 Points)
Replied 07 July 2015
ITR 1> Income from salary, income from one house property, income from other sources
ITR2A> Income from salary, income from more than one house property, other sources
ITR2> Income from salary, income from more than one house property, capital gains, other source.
I advise you to go with ITR1
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