Query about some details in itr 1 for a.y. 2015-16

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

15 July 2015 Sir, An individual is a Retired senior citizen. During his employement period, He was class-3 employee in the Municipal Transport Service. (passenger bus service by a Municipal corporation). in a city. Que.1: While filing his income tax return in ITR-1, for A.Y. 2015-2016, What should he fill in box of "Employer Category " ? - Government - PSU - others or - Not Applicable ? Que.2: He has received Gratuity. Where to show this gratuity amount in ITR-1? Should this gratuity amount be shown by adding it in his pension income ? Or by showing it as Exempt Income, in the box - "Exempt incomes -only for reporting purpose " ? Que.3: He has received gift of money amount from his son. Where to show this gift income in ITR-1? Should it be shown under the head income from other sources ? or should it be shown as Exempt income in box of "other exempt income for reporting purpose" ? Thanks .

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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15 July 2015 1 Choose Govt-PSU as pension income is included under salary head.
2 Gratuity income is exempt show it under exempt income.
3 Show the gift amount in ITR 1 under exempt income for reporting purpose.

CMA Gul S

CMA Gul S (Expert)
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15 July 2015 agreed with Mr Seetharamam

Querist : Anonymous

Querist : Anonymous (Querist)

15 July 2015 Thank you all for ur guidance.

But,
Sir,
in the instructions. provided by CBDT on its efiling website for choosing ITR forms, it is said that:
(1) Government includes state govt. and central govt. And
(2) PSU includes Public sector companies of Government. Considering this, here, the assessee was the employee of neither the PSU nor the Government . Because he was the employee of a municipal transport service, run by a municipal corporation.

Now, the question is about the remaining two options.
- (1) Others and - (2) Not Applicable.

Should he fill "Not applicale " in Employer category , as he is retired now and he is not the employee now ??

OR Should he fill " Others " ?

Pls say ur opinions.
Thanks.

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