Applicability of the ITR form 1 and 2
This query is : Resolved
21 July 2009
if the assesse has only Interest income (from the loans etc.) and no other source of income. which ITR form can be applicable for him?
Please clarify
Please clarify
21 July 2009
ITR 2
21 July 2009
ITR 1 will be suitable for you if interest received from Bank on FD\others, Otherwise to for ITR 4
21 July 2009
Please suggest me your answer after verifing the instructions given in ITR forms
21 July 2009
ITR 1 - for Individuals having salary/pension "AND" Interest income
Individuals having only
salary income - ITR 1 is applicable ( as per FAQ given in incometaxindia.gov.in)
Interest income - ?
Individuals having only
salary income - ITR 1 is applicable ( as per FAQ given in incometaxindia.gov.in)
Interest income - ?
21 July 2009
In your case ITR 2 is to be filed. ITR 1 is for the assessee who is having salary income as the main income. ITR 2 is for the assessee having other incomes with salary income. ITR 4 is for business returns.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Pass word to open justification report for Q1 for FY 2026-27
- Scrutiny and reopening of past returns
- Section 194JA & JB Income which ITR Form to use
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Building tax payment deduction in rental Income
- Upload Level ValidationITR3Category of Defect B/D
- Booth for sales promotion
- GST ON TRAVELLING BILLS
- F & O PROFIT REPORTING FOR AY 2026-27
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
