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ITR- AY 2010-11 Notified (Saral-II)

Krishan (Service) (633 Points)

26 April 2010

Income tax department declared form Saral-II for AY 2010-11 --

For Individuals having Income from Salary / Pension / Income from One House Property (excluding loss brought forward from previous years) / Income from Other Sources (Excluding Winning from Lottery and Income from Race Horses)]

Please find attached herewith...............)

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3 Replies

Aditya Maheshwari (CA in Practice) (35867 Points)
Replied 26 April 2010

SO now all salaries employees having income other than business, capital gains and Income from Race Horses can file the ITR - 1, i. e. SARAL - I form. Also a new addition, dividend income can also be shown in ITR - 1 itself.

Thank for posting and updating us.

pramod kumar jampala (CA final student) (119 Points)
Replied 28 May 2010

THIS IS FOR CREATING AWARENESS TO THE USER'S OF "ONLINE ITR FORMS"

WHILE CLICKING THE BUTTON "CALCULATE TAX" (available on the top right in "Taxes paid and Verification" sheet),THE FORM ITSELF AUTOMATICALLY CALCULATING THE TAX. BUT THE PROBLEM ARISES IN THE CASE OF INTEREST(U/s 234 B & C), AS THE SOFTWARE IS CONSIDERING THE OLD SLAB OF ADVANCE TAX i.e. Rs.5000/- AS AGAINST THE NEW SLAB OF Rs.10000/-..........., THIS ISSUE NEEDS RECTIFICATION FROM THE SIDE OF SOFTWARE DEVELOPERS FOR THE INCOME TAX DEPARTMENT AND TILL THAT TIME THE USERS NEED TO BE CAUTIOUS...

THANK YOU

Pramod Kumar Jampala