I have income only from interests on FDs which ITR form should I fill? I plan to buy some shares & then I may have some income from dividends too. In that situation which form should I use?
RAKESH JAIN (RETIRED COMPUTER PROFESSIONAL) (369 Points)
11 July 2009I have income only from interests on FDs which ITR form should I fill? I plan to buy some shares & then I may have some income from dividends too. In that situation which form should I use?
RITESH KOTHARI
(B.COM, FCA, DISA(ICAI))
(778 Points)
Replied 11 July 2009
IN CASE OF ONLY INTEREST INCOME FILE ITR1.BUT IN CASE OF DIVIDEND INCOME ALSO USE ITR2
vk
(ca)
(134 Points)
Replied 11 July 2009
If only interest income, only ITR 2 has to be used. Not ITR 1. Please read Rule 12(a) and (b) carefully. There has to be salary income for ITR 1. Check this thread:
CAclubindia
