Applicability of itr

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

31 July 2013 Sir I am working in PSU and received form 16 as under Gross Salary Rs 1012500/- Exemption u/s 10 nil , P Tax 2000/- Net Salary Rs 1010500/- we have received Transport allowance and special allowance and get exemption of u/s 10 for Rs 800/-pm for transport allowance and Rs 1050/- special allowance and same was already adjusted in gross salary (i.e employer has directly deducted exemption in gross salary and did not show separate exemption under sec-10) please guide me which ITR form will be applicable for me ITR-1 or 2 Thanks in advance

Dintakurthi Tirumala

Dintakurthi Tirumala (Expert)
Follow

31 July 2013 ITR-1 applicable and sufficient assuming you didn't have any business income or capital gain, house property income.

OM SAI SRI SAI JAI JAI SAI

Ganeshbabu K

Ganeshbabu K (Expert)
Follow

31 July 2013 ITR1 will be applicable

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
Follow

01 August 2013 itr-2 is not applicable as any of the exemption u/s10 is not exceeding Rs.5,000.

ITR-1 is appropriate in this case.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Lalan Kumar Jha

Sabyasachi Mukherjee

Poojitha Raam Vinay

Mukesh Singh

Krishna Kumar A

Subscribe Now

Applicability of itr

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANCY

Accountant

GST CONSULTANT

Manager- Finance and Compliance

Senior Executive

CA Final