ITR - 2 info

sir, in my ITR ais report shows rental income on plant and machinery. 2.5 Lak, business receipt shows 3lakh, I am ready to file ITR 2, where I can show above 2 incomes. pls help
Replies (5)
Quick Summary
This discussion clarifies the correct Income Tax Return (ITR) form for individuals with both rental income from plant and machinery and business receipts. It highlights that if you have business income, ITR Form 2 is not appropriate. Instead, you should file either ITR Form 3 or ITR Form 4, depending on your specific circumstances, and report the business income under the relevant business income section.

 No, you have business income, you should not file ITR Form 2. You are required to file ITR Forms 3 or 4, as applicable.

Thank u so much sir, very fast reply

you are always welcome..

Sir should I show this 3 lakhs in income from business ?
Yes shor

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