About itr 1

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sonu (Querist)
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05 April 2016 Hi,
I am salaried person & taking benefit HRA & other under section 10 of income tax.
My question is that can I file ITR 1 as I heard that if EEE income is more than Rs.5000 you cant
file 1.
If I cant file ITR 1 can I file ITR 4s as my income is from salary.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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05 April 2016 Normal salary income ITR-1 is enough HRA exemption can be shown ITR-1 itself

Murtaza I Bhagat

Murtaza I Bhagat (Expert)
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06 April 2016 ITR 4s is not for your it is for Business & Professional Income.
and in ITR1 you can Claim deduction section 10...No Issue...!!!

sonu

sonu (Querist)
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06 April 2016 Sorry I miss something I have loss of Rs.6000 in F&O trading which TO is less than Rs.2 lakh if I want to
file this loss so which ITR I use.
And its compulsory to get book of account audit to file this loss under section 44AB w/s 44AD as my salary income is less than exp.limit after deducting HRA & other benefit under section 10.