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Change in itr efilling for 201314

ITR Filing 713 views 3 replies

Swapnil Salunkhe

Managing Partner

46 Points Posted on 20 July 2013

Hi Alll,

As per changes in ITR form filling for A.Y. 2013-2014. I am filling Income Tax Return for this year & as per new changes If Exampt income more than 5,000/- then I have to filled ITR 2 for salary return. As per u/s 10 My exampt is 50,000/-.

Please advice me should I filled ITR 2 now?

Thanks in advance for your help.

Replies (3)

Dipjyoti Majumdar

CA in service & CS. dipmaj@

3505 Points Posted on 20 July 2013

If the exempt income that exceeds 5,000 consist of interest from PPF, dividend , LTCG and the like you may use ITR 2. But if the exemptions arise due to HRA, Conveyance and the like, i mean, Salary linked exemptions you use ITR 1. However there is no clarity and teh subject is not doubt free.

Thanks,

CA CS Roshan Begrajka

Chartered Accountants

267 Points Posted on 20 July 2013

file ITR-2 if exempt income u/s 10 exceeds 5000/-.

Swapnil Salunkhe

Managing Partner

46 Points Posted on 24 July 2013

Thanks All,

could you please follow the following link for clarification

https://www.simpletaxindia.net/2013/07/new-rules-of-filing-income-tax-return.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+SimpletaxIndia+%28SIMPLE+TAX+INDIA%29

Regards,

Swapnil