A person is a partner of a firm who has retired during the year after receiving his share of capital. Apart from that, he has interest income from FD. Which ITR is applicable? ITR 3 or ITR 1?
Raghvendra Nawalgaria (Partner) (90 Points)
26 June 2013A person is a partner of a firm who has retired during the year after receiving his share of capital. Apart from that, he has interest income from FD. Which ITR is applicable? ITR 3 or ITR 1?
ANU BANSAL
("Love urself the most.........")
(2482 Points)
Replied 26 June 2013
Dear Raghvendra ji,
ITR 3 is applicable as ITR 1 is only for Salary Income & Icome from Other
Source .
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