for a home maker...who don't have any permanent income..
but utilises her personal household savings into stock market and gets STCG/LTCG..
which ITR to be filed in such a case....?
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Quick Summary
This discussion clarifies which Income Tax Return (ITR) form a homemaker should use when earning short-term and long-term capital gains (STCG/LTCG) from stock market investments, without any salary income. While ITR 1 is generally for simpler cases, it cannot be used if capital gains are involved. The consensus is that ITR 2 is the appropriate form, even if there is no salary income, as it accommodates capital gains.