23 July 2011
Sir I am employed in Private Limited Co.& I have only Salary Income & I have filed my Income tax return through ITR-1 online and acknowledgement sent to CPC Banglore & I have received the receipt of ITR V but I am little confused that I have filed ITR 1 is correct or not & Tell me difference between ITR-1 & ITR-2
23 July 2011
ITR-1 is for those individual assessees having income from - i) salary / pension or ii) one house property or iii)other sources, excluding lottery and race horses winnings. ITR-2 is for assessees not covered above and for HUF's not having income from business or profession.