Itr 1 - exempt income more than 5k

Prateek (Top Management) (213 Points)

20 May 2013  

Hi,

The only taxable Income of an Indivudal is "Income From Other Sources". (Approx Rs. 800,000)

His Exempt Income is 210,000/- (Interest from PPF and Logn Term Capital Gain on Listed shares through Stock Exchange)

 

Can he file return in "SAHAJ ITR -1" FORM ??

PS: Last year return was efiled using ITR2