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Under which head nil return for agriculture income filed??

ITR Filing 1242 views 8 replies

My client has agriculture income of Rs 300000 for FY 13-14 with no other income, out of which he invested in LIC Rs 35000. Having agriculture income, it's exempt from tax. But i need to file a nil return with the same income. Could any one help me under which head should i need to file ITR???

It's little urgent. immediate response will be highly appreciated.

Many Thanks
Rashmi

Replies (8)
Itr 2 should be filed
you need to file itr 2.
under which head in ITR 2 should I need to file??

In ITR-2 In schedule-Incomes claimed exempt u/s 10....

By entering so the same will be partially taxed by the tax return software or ITD ITR utility

In ITR 2, under exepmt income u/s 10.

The AMount Should be mentioned in Schedule EI- point No. 4.

On enering the amount the same shall be reflected in the Comutation of Total Income Sheet.

ITR-2


 

U can file ITR 2 only and show gross Agriculture income and deduct expenses related to that then net income will appear but if there is no other income then u r ITR showing Zero effect due to exemption of Agricultural income and upload the same.


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