Last year PGBP income and Current year Salary income

Save Share

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

22 May 2011 If person has PGBP income in last year and in current year has salary income.So which ITR has to be filed in current year.
please note that he also has outstanding liability and Loans and advances & Debtors balance in current year.

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
Follow

22 May 2011 ITR-1 or ITR-2 may be filed by you considering the fact that in the current year there is no business income.

Every person has got his own assets and liablities, even a salary earner also has.
So the basis of choosing the ITR should be confined to the current years sources of income.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now