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Income tax return

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 May 2013 Respected Sir/Madam,

Our client has received Voluntary Retirement Compensation from employer which we are required to disclose under salary. But same we have to claim exempt. But where should i claim exemption in ITR form 1.
Please guide me.
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25 May 2013 As per instruction to file ITR,
If exempted income exceeds Rs 5000, the assesse is required to file ITR 2 not ITR 1
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