Exempt income
This query is : Resolved
krishnakant prasad
(Querist)
19 November 2014
If my exempt income in my salary is 18000 . only for this reason should I fill ITR 2 in the place of ITR 1.
19 November 2014
Yes. You need to file ITR2 since exempted income is more than Rs 5000/-.
krishnakant prasad
(Querist)
20 November 2014
Some experts say that income like traveling allowance , Conveyance allowance , HRA r not exempt income .so we need not to file itr 2.
20 November 2014
they are wrong and sanjay bhai is correct.
krishnakant prasad
(Querist)
20 November 2014
But last year I filed ITR 1 and acknowledged by IT department .
krishnakant prasad
(Querist)
20 November 2014
In schedule EI of ITR 2 there is no column of exempt allowances. Shall it be written in head of 'Other'
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