Itr selection


This query is : Resolved 

30 July 2013 I have the below mentioned income :-

1) Salary 321264.00
2) Transport Allowance 9600.00
3) Intt. on saving a/c 526.00 Whether I have
to file ITR-1 or ITR-2.

Please advise.


30 July 2013 You can file ITR 1. Since you have exempted income below Rs 5000/-.

Transport Allowance is allowance and not exempted income.

Rupesh Jain (Expert)
30 July 2013 pls file itr-1
in which you show salary income and intt. income
transport allowance is part of salalry.

30 July 2013 1)along with above

show income from saving bank interest in income from other sources.

and claim deduction under section 80 TTA for rs.526


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