Whit itr form should be used


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Querist : Anonymous

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Querist : Anonymous (Querist)
11 May 2018 Dear Sir/Madam,

Which ITR form should be used in the following cases?
1) The assessee has income from salary and income from interest

2) The assessee has income from salary, interest and shares (share trading)

3) The assessee has income from salary, interest and shares (share investment)

11 May 2018 1. ITR-1
2. ITR - 3/4 depending on whether you are offering income from share trading under presumptive basis
3. ITR - 2

13 May 2018 Thanks a lot!

13 May 2018 you are welcome Manoj.

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 June 2018 Dear sir,
One more related question in this matter: If the assessee is is engaged both in investing and trading shares, which ITR should be filed?
Thanks.

04 June 2018 then use ITR-3. To be honest, is it not the basics of tax filing that you should know on your own?


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