Income tax

I am senior citizen aged 71 years having income from pensions interest . No business income How ever i am a owner of one house in my single name and another in joint name . I have also income of rs.25000/- apprx from dividend frm equity. Which ITR  form is applicable to me for AY 2020-2021? 

Replies (4)
Quick Summary
This discussion clarifies which Income Tax Return (ITR) form a 71-year-old senior citizen should use for the AY 2020-2021. Despite having pension, interest, and dividend income, the presence of more than one house property means ITR 1 is not applicable. The correct form is ITR 2, requiring one house to be declared as self-occupied and the other as deemed let out if not rented.

YOu can go with ITR 1 

ITR 1For Individuals having Income from Salaries/pension, one house property, other sources (Interest etc.) and having total income upto Rs.50 lakh.

you need to file ITR 2, you have to show one house as self occupied and other if not let out then deemed let out..
Yes. I agree with Mr. Abhay Gupta
Yes, u need to file ITR 2 as u have more than one house property, you have to show one house as self occupied and other if not let out then deemed let out..

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details