Tax filing query

Hi

 

I am filing return for myself for year 2013-14. I have income of following category:

1. Salary Income

2. Interest on savings Account (Around 15000)

3. Dividend income on shares (very marginal amount, when added comes around 1025)

4. Income from Debt Mutual Fund sold with in a year (very less amount , exact: 499.9)

Please help me with understand which ITR form should I fill ? ITR 1 or ITR 2 ?

Also can i get exmeption of section 80TTA from ITR 1 ?

 

Your response will be highly appreciated and helpful for me.

 

Regards

Richa

 

 

 

 

Replies (2)

If your exempt income is over Rs. 5,000/-, then you may file ITR-2. Otherwise ITR-1 is right.

Dear Richa,

Sale of Debt Mutual Fund attract Capital Gain, Hence ITR 2 will work in your case.

You will get 80TTA deduction even under ITR 2

 

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