Itr form applicablity..
This query is : Open
Manish Kumar Gupta
(Querist)
20 July 2012
HI..
My father is a salaried person, and getting monthly salary till august 2011, till the time he retired from his government job. After that he is getting pension form there.
In January 2012 we have purchased a residential land and that has not been registered yet, but as per scheme my father is getting monthly assured return on the amount invested, and that firm is paying that amount after deducting TDS.
Which form my father should file this year, in which head that return from that firm will count??
Please suggest.
Regards,
Manish...
My father is a salaried person, and getting monthly salary till august 2011, till the time he retired from his government job. After that he is getting pension form there.
In January 2012 we have purchased a residential land and that has not been registered yet, but as per scheme my father is getting monthly assured return on the amount invested, and that firm is paying that amount after deducting TDS.
Which form my father should file this year, in which head that return from that firm will count??
Please suggest.
Regards,
Manish...
20 July 2012
He can file ITR1 and show the income of return from that firm as income from other sources
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