Itr for retired professional

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132 Points Posted on 06 June 2024

Which itr form should be filled by a person who is a retired(non working) doctor, clinic is shut down so no professional income. Only income source is interest on FD and  SWP monthly systematic withdrawal plan of mutual funds which he had invested

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On 06 June 2024 at 09:06 Report
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A retired doctor, no longer practicing and with no professional income, is seeking advice on which Income Tax Return (ITR) form to use. Their only income sources are interest from Fixed Deposits and monthly withdrawals from a Systematic Withdrawal Plan (SWP) in mutual funds. The discussion confirms that ITR 2 is the appropriate form for this scenario, even with a gross total income of around £6 lakhs.

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SEO Sai Gr. Hosp.
212424 Points Posted on 06 June 2024

File ITR 2.          

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On 06 June 2024 at 10:13
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132 Points Posted on 06 June 2024

Ok 

 

Many thanks sir

Regards

Dilip

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On 06 June 2024 at 11:47
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SEO Sai Gr. Hosp.
212424 Points Posted on 06 June 2024

You are welcome.                    

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On 06 June 2024 at 11:52
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Profession Business
28246 Points Posted on 10 June 2024
What is gross total income???
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On 10 June 2024 at 21:33
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132 Points Posted on 10 June 2024

Around 6 lakhs approximately

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On 10 June 2024 at 22:00
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Tax consultant
64 Points Posted on 11 June 2024

You should be file itr 2

 

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On 11 June 2024 at 00:04
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Profession Business
28246 Points Posted on 11 June 2024
No itr selection is not like that
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On 11 June 2024 at 10:17

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