22 September 2016
One of my relative has income of Rs. 7,30,000/- by winning a lottery for F.Y. 2015-16. He has paid TDS at the rate of 30%. And he has no other income except Rs. 1,20,000/- as agricultural income. You have suggested that he has to file return in ITR-2A form. I gave all particulars to CA for filling his return in ITR-2A, but he has filled his return in ITR-2 and submitted online to income tax department. Now is there any difference between ITR-2 or ITR-2A. What we should do now? We have to file revised return in ITR-2A or no need of it??? Thanks
22 September 2016
ITR 2A : for individuals and HUF not having income from business or profession and capital gains and who do not hold foreign assets. (So ITR 2A would have been better...) But ITR 2 may NOT make much of a difference, considering the stake involved in it