when gross salary> 50 lacs, net salary (after sec 10 allowances) is < 50 lacs, whether ITR 1 can be used
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Quick Summary
This discussion clarifies which Income Tax Return (ITR) form to use when your gross salary exceeds 50 lakhs. Even if your net salary after exemptions is below 50 lakhs, you can still use ITR 1. The key factor is your total income after all exemptions and deductions, which must be up to 50 lakhs for ITR 1 eligibility.