please guide me how to fill itr1 by retired person from bank and is it necessry to fill exempt income reporting purpose coloumn isit necessary to show pf and gratuity and lic matured amt for ay 2019-20
please guide me how to fill itr1 by retired person from bank and is it necessry to fill exempt income reporting purpose coloumn isit necessary to show pf and gratuity and lic matured amt for ay 2019-20
I think, it is necessary. Though you may not have any tax liability but reporting the exempted income in ITR will safeguard you from future quesries from ITD.
Yes you need to report exempt income.
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