Itr form for a pensioner, having exempted income rs. 90000/-

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abhishek bag (Querist)

25 March 2016 Dear Sir/ Madam,

What will be the ITR form for a pensioner who having exempted income Rs . 90,000/- & no house loan.

Kindly guide me .

Regards,

Abhishek Bag

Murtaza I Bhagat

Murtaza I Bhagat (Expert)

26 March 2016 You Need to Prepare Return in ITR 1

CA SUNIL K GARG

CA SUNIL K GARG (Expert)

26 March 2016 ITR 1 need to be filed in your case.

abhishek bag

abhishek bag (Querist)

26 March 2016 Dear sir,

But where to show the exempted income, as there is no option for exempted income in ITR- 1. I need to show the exempted income also.

Murtaza I Bhagat

Murtaza I Bhagat (Expert)

26 March 2016 what type of exempted income ??

abhishek bag

abhishek bag (Querist)

26 March 2016 It is a PPF interest income. Shall I go for ITR-1? I guess that ITR-1 is applicable for exempted income upto Rs. 5,000/-. Kindly guide me...

Murtaza I Bhagat

Murtaza I Bhagat (Expert)

26 March 2016 OK, then you have to file ITR 2

Murtaza I Bhagat

Murtaza I Bhagat (Expert)

26 March 2016 Write in Schedule E1 exempted income in No. 1 Interest income

abhishek bag

abhishek bag (Querist)

26 March 2016 Dear Sir,

Thank you for guiding me. I think it should be ITR-2A, as there is no Income from Capital Gain. . Please correct me, if I am wrong.

Murtaza I Bhagat

Murtaza I Bhagat (Expert)

27 March 2016 Yes, you are right....!!! both is perfect ITR 2 and 2A. You can used ITR 2A as per your details...!!! Go for it...!!!

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abhishek bag

abhishek bag (Querist)

27 March 2016 Dear Sir,

Thank you for guiding me..