Itr-1 vs itr-2
This query is : Resolved
31 July 2013
Dear Experts,
Will you clear my doubt for filing ITR for Govt. Employee having Salary income 5,80,000/- after taking exemption u/s 10.
means:Gross Salary 6,45,000/-
Exemption u/s 10 65,000/-
Net Salary 5,80,000/-
Pl. clear it.
Thanks in advance.
Will you clear my doubt for filing ITR for Govt. Employee having Salary income 5,80,000/- after taking exemption u/s 10.
means:Gross Salary 6,45,000/-
Exemption u/s 10 65,000/-
Net Salary 5,80,000/-
Pl. clear it.
Thanks in advance.
31 July 2013
ITR 2 has to be filed.
.
.
Message likes :
1 times
31 July 2013
Thanks Bafnaji, but some experts in this forum also suggest for ITR-1. I am still confused. in my case Exemption u/s 10 includes TA + CEA + HRA. pl. clarify it.
again thanks in advance.
again thanks in advance.
31 July 2013
It hardly makes any difference if ITR 2 is
preferred. By doing so, prescribed rule of Rs. 5000 exempt income will be adhered to.
.
HRA exemption is available U/s 10(13A), Transport Allowance U/s 10(14), these all items are covered under exempt income. Prefer ITR-2.
.
preferred. By doing so, prescribed rule of Rs. 5000 exempt income will be adhered to.
.
HRA exemption is available U/s 10(13A), Transport Allowance U/s 10(14), these all items are covered under exempt income. Prefer ITR-2.
.
Message likes :
1 times
01 August 2013
Thanks Bafnaji.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation of fixed assets- coop housing society in mumbai
- TDS on Consultancy- Non DTAA
- Reopen of assessment proceeding
- EPF FULL & FINAL RULES IN 2026
- Rental income gst and it purpose
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Reprocessing of rectification order AY 2025-26
- FTS Taxable under 115A
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
