Filing of ITR


This query is : Resolved 

(Querist)
20 April 2010 Suppose the only income of a person is 'bank interest'. Will he have to fill in ITR 1 or ITR 2.

20 April 2010 My understaning is ITR 2 is the appropriate form.

Rahul Ramesh (Querist)
20 April 2010 ITR 1 says

[For Individuals having Income from Salary/ Pension/ family pension and Interest]

Does the Interest mentioned here include bank interest.

shraddha (Expert)
20 April 2010 yes it include bank interest

20 April 2010 Agreed...

Rahul Ramesh (Querist)
21 April 2010 Thanks

21 April 2010 Yes. U can file ITR 1. it is very simple.

26 April 2010 but from A/Y 10-11, form will be changed and new form is yet to come

26 April 2010 ITR 1 FOR ASSESSMENT YEAR 2010-11 IS OFFICIALLY ANNOUNCED. PL SEE THE HOME PAGE IN www.incometaxindia.gov.in

28 April 2010 yes, form for A/Y 10-11 released and it is Saral 2- ITR 1
thanks Warrier sir


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