Which itr form to use?
This query is : Resolved
07 May 2018
Hi,
My wife is a housewife and has earning from Share trading (short term gain of about Rs. 12500) , Mutual fund selling (Long Term Capital Gain) and FD Interest income, Total income not exceeding Rs. 2.5 Lacs). However, the bank has deducted TDS for FD interest since she had not filed 15G form last year. So please advise which ITR form (ITR-1 or ITR-2) she should use while filing income tax return.
Thank you.
My wife is a housewife and has earning from Share trading (short term gain of about Rs. 12500) , Mutual fund selling (Long Term Capital Gain) and FD Interest income, Total income not exceeding Rs. 2.5 Lacs). However, the bank has deducted TDS for FD interest since she had not filed 15G form last year. So please advise which ITR form (ITR-1 or ITR-2) she should use while filing income tax return.
Thank you.
07 May 2018
ITR 2 will be applicable.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- CLOSING STOCK QUERY
- Taxability of credit in canara bank ET & T section (NRO)
- CASH GIFT FROM BLOOD RELATIVE
- TDS offline utility
- Due Date Clarity
- Can a single LLP in India legally operate multiple unrelated businesses (Travel, Cloud Kitchen, Ecom
- TDS on rent received on hardship compensation being rent on redevelopment of building
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
