Which itr applicable for salary income exceeds 10 lacs?
This query is : Resolved
CA. MANAN K PARMAR
(Querist)
02 July 2012
which ITR applicable for salary income exceeds 10 lacs?
C.A Anshul Singhal
(Expert)
02 July 2012
ITR APPLICABLE IF INCOME OF A PERSON EXCEED MAXIMUM LIMIT WHICH ARE PRESCRIBED BY INCOME TAX.
A.Y 2012-13
MEN --- 180000
WOWEN ----- 190000
SENIOR CITIZEN--- 250000
A.Y 2012-13
MEN --- 180000
WOWEN ----- 190000
SENIOR CITIZEN--- 250000
02 July 2012
If the assessee has income only from salary then ITR 1 is applicable.
C.A Anshul Singhal
(Expert)
02 July 2012
IF ASSESS INCOME FROM SALARY & BANK INTEREST ONLY THEN ITR -1 IS APPLICABLE.
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