Regarding i tax return
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 February 2014
First time I filed a Business return for FY 12 -13.because of getting of professional fees u/s 94 j.Now i want to take loan so 3 years i tax returns required so can i file return of fy 11-12 now means before 31.3.14 but that time i got salary .so that return will be itr 1.& now also i m getting salary income. so this year ie fy 13-14 return will also itr 1.is it correct?
Nikhil Kaushik
(Expert)
09 February 2014
yes you are correct..you may use ITR1.
CA PARAS BAFNA
(Expert)
09 February 2014
1. You can File ITR 1 for FY 2011-12 or say AY 2012-13 as the income to be reported is under the head of salary and/or interest.
.
2. Now also, as you are having salary income and are not having any business income you can file the Return of AY 2014-15 in the prescribed form (Which may or may not be named as ITR 1. as it will be notified later). In case there is no change in future , you will be able to file the return in ITR 1.
.
So you are almost correct.
.
2. Now also, as you are having salary income and are not having any business income you can file the Return of AY 2014-15 in the prescribed form (Which may or may not be named as ITR 1. as it will be notified later). In case there is no change in future , you will be able to file the return in ITR 1.
.
So you are almost correct.
Naresh Dharia F.C.A.
(Expert)
10 February 2014
To file 12/13 without filing 11/12...inviting dept to issue notice....
Hence u r advised to file 11/12 return at earliest ...ITR 1
OK
Hence u r advised to file 11/12 return at earliest ...ITR 1
OK
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