Itr 1 or itr 2

hi ashish,

In ur case, If the assessee has only salary and interest income -ITR 1 else ITR 2..

Dear Ashish,

The 'exempt income' referred to in the new rules, is the income which does not form part of total income i.e. incomes like dividend, share of profit form p'ship firm, agricultural income etc. In my opinion HRA, conveyance which forms part of calculation of income under the salaries, shoul not be considered.

Hence in this case ITR 1 will be applicable

EXEMPT INCOME HRA ALSO CONSIDERED FILL ITR 2