Exempt income for itr 1 eligibility

This query is : Resolved

sunil (Querist)
Follow

25 July 2013 Sir,
required your kind perusal on exempt income element which makes compulsory ITR 2 filing by every salaried individual who are getting it > 5000.So we can say Under the ambit of this exempt income also includes Exemption under the various heads of section 10,like some of them are HRA ,transport,children education allowance...etc which easily get exhausted & hence compelled to file complex ITR 2 .Or it just "ONLY" includes Agricultural income for reckoning 5000 limit.
Please enlighten

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
Follow

25 July 2013 If u have any income exempeted under sec 10 lik HRA etc if it exceeds Rs5,000 and assessee is salaried employee then ITR-2 is appropriate return.

Message likes : 1 times