difference

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what is the different between itr 1 and itr 2 for assessment year 2011-12

compair to itr 1 and itr 2 for the assesment year 2010-11

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2 Replies

U S Sharma (glidor@gmail.com) (21063 Points)
Replied 13 May 2011

in ITR 1 the following are missing, which are covered in ITR2

1) you can not carry forward house property loss or any type of loss

2) casual income (lottery/horse race) can not be shown in it

3) More than one house property can not be covered under ITR1

CA ADITYA SHARMA (CA IN PRACTICE ) (16719 Points)
Replied 13 May 2011

Originally posted by : U S Sharma
	in ITR 1 the following are missing, which are covered in ITR2 1) you can not carry forward house property loss or any type of loss 2) casual income (lottery/horse race) can not be shown in it 3) More than one house property can not be covered under ITR1