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ITR1 or ITR2

ITR Filing 1022 views 3 replies

I have income only from interests on FDs which ITR form should I fill? I plan to buy some shares & then I may have some income from dividends too. In that situation which form should I use?

Replies (3)

 IN CASE OF ONLY INTEREST INCOME FILE ITR1.BUT IN CASE OF DIVIDEND INCOME ALSO USE ITR2

Thanks.

If only interest income, only ITR 2 has to be used. Not ITR 1. Please read Rule 12(a) and (b) carefully. There has to be salary income for ITR 1. Check this thread:

/forum/message_display.asp?group_id=37166


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