how a salaried person Itr will be filled when he has taken a loan on credit cards?
how loan amount will be shown in Itr and whether it is required to show or not?
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For filing Itr
Replies (3)
Not mandatory to show loan amount in ITR...... unless for business purpose........
You can file ITR based on your income sources, and in your case where ITR 1 or ITR 2 would be applicable, these details are not required to be filled.
if your income is less than 50 lacs then file it 1. it's so simple instead of it 2. there is no any requirement to show loan amt.
you may refer this link,may be useful for you....https://youtu.be/bTrhqjt1uw0
you may refer this link,may be useful for you....https://youtu.be/bTrhqjt1uw0
Thanks
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