U/s 44AB or not

ITR 2043 views 18 replies

Chartered Accountant

445 Points Joined December 2008

yes it ITR 1 is applicable

Replies (18)

Chartered Accountant

445 Points Joined December 2008

yes it ITR 1 is applicable

Tax Advocate

427 Points Joined March 2009

No requirement of tax audit

ITR-2 is applicable

Tax Advocate

427 Points Joined March 2009

No requirement of tax audit

Sorry ITR-1 is applicable Not ITR-2

Which Form is Applicable

S.No	For Þ	Individual	Individual, HUF
S.No	Source of Income ß	ITR-1	ITR-2	ITR-3	ITR-4
1	Income from Salary/Pension	•	•	•	•
2	Income from Other Sources (only Interest Income or Family Pension)	•	•	•	•
3	Income/Loss from Other Sources		•	•	•
4	Income/Loss from House Property		•	•	•
5	Capital Gains/Loss on sale of investments/property		•	•	•
6	Partner in a Partnership Firm			•	•
7	Income from Proprietary Business/Profession				•

Tax Advocate

427 Points Joined March 2009

No requirement of tax audit

Sorry ITR-1 is applicable Not ITR-2

Which Form is Applicable

S.No	For Þ	Individual	Individual, HUF
S.No	Source of Income ß	ITR-1	ITR-2	ITR-3	ITR-4
1	Income from Salary/Pension	•	•	•	•
2	Income from Other Sources (only Interest Income or Family Pension)	•	•	•	•
3	Income/Loss from Other Sources		•	•	•
4	Income/Loss from House Property		•	•	•
5	Capital Gains/Loss on sale of investments/property		•	•	•
6	Partner in a Partnership Firm			•	•
7	Income from Proprietary Business/Profession				•