Disclosure of exempt income in itr


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Querist : Anonymous

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Querist : Anonymous (Querist)
13 February 2012 Hi,
During 2011-12 (F/Y) My friend received PF, Gratuity, earned Leave etc on his retirement, which is exempt from tax-

Now my question is whether he should disclose all these income on consolidation basis on exempt income box.


13 February 2012 Yes you can show.
.
Also take care of item no 2 in Schedule S, Details of Income from Salary.
.

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 February 2012 But Sir,
In given case i will file ITR 1 not ITR 4 and in ITR 1 their is only on place having name " D 19 Exempt income only for reporting purposes (form dividends, Agriculture income < 5000)"


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