Form itr-1

This query is : Resolved

ARTHI (Querist)
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27 August 2015 Dear Friends / Experts,

Please guide me on the following, IF POSSIBLE:

Query

Please confirm, is it appropriate that the Assessee include Allowances exempt u/s 10 as EXEMPT INCOME in Form ITR-1.

Your reply, please..............

Thanks in advance for possible replies from all concerned.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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27 August 2015 Yes, it is appropriate to show exempted income, for disclosure purpose, in column D19 of form ITR-1.

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ARTHI

ARTHI (Querist)
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05 September 2015 While I thank you at the outset, I still want to be more specific in my query and hence, the following is for your kind reply, if possible:

Is it appropriate that the Assessee include Allowances such as HRA, Conveyance, etc. as EXEMPT INCOME in Form ITR-1.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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06 September 2015 The assessee should include HRA and conveyance allowance as exempted income in Form ITR-1 (in column D19) only if the entire amount received is with in the exempted limit.

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