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

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 16 July 2026
CA Article

Pipara & Co. LLP.

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 15 July 2026
CA Articles

Kinjal H Shah & Co.

Mumbai

CA Foundation

View Details
Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
29 July 2026
ACCOUNTANT

ONESTEP GST SOLUTION

New Delhi

B.Com

View Details
Company
Featured 16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT, CA SemiQualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

Sahil Agarwal & Company

Mumbai

CA Inter

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
29 July 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details