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Itr-2: where to mention mutual fund return and pf return

Tax queries 2629 views 5 replies

hi,

I need to show mutual fund return amount and pf withdrawal amount on ITR-2. can you please guide me that in ITR-2 where(in which sheet and section) to mention these.

Note: both are exempt income, I don't need to pay tax on these return. the mutual fund was an equity based fund.

Replies (5)

Schedule EI ( Exempt Income)

i agree with above answer.

there are 5 options, which one i should choose:

Interest income 
Dividend income 
Long-term capital gains on which Securities Transaction Tax is paid 
Net Agricultural income (other than income to be excluded under rule 7A, 7B or 8 of I.T. Rules)
Others, (including exempt income of minor child)
pf withdrawal will be given in "others" and mutual fund income should be in "dividend income" if it is in nature of dividend or else "others".
Originally posted by : pavan kumar
Schedule EI ( Exempt Income)

Sir, In my case I have withdrawn my PF before 5 years of continous service due to termination. Agreed, I will need to shown this as income from other sources i.e. PF Employer share + PF Total interest recd + Employee Pension amount. But, under which head or Section in ITR 2, sheet "OS" should I show this income to be taxed?

Also, should I shown the Employee PF share as exempt income?


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