Which ITR form to file for Senior citizen

ITR 217 views 4 replies

For senior citzen income is only  FD interest and Delivery and Intraday income only. Which ITR to be filed here.'

ITR1 - ?

ITR2 - should it be filed if income more than 50 Lacs only or less than 50 lac income also can be filed but no salary income. ?

ITR3- ?

or any other ITR

Replies (4)

If intraday transactions are meager, file ITR 2; else go for ITR 3.

Itr 2

Sir,  total income is less than 50 Lac then can I file ITR2 as income from FD and stocks is less than 50 lacs.

My doubt, I saw in incometax website it says ITR2 for income more than 50 Lacs which is not my case so please suggest.

Under itr 1 you can file both other sources.
no need to file itr2.
Selection of itr is based upon the following:
a)source of income
b)nature of assesse.
If the assesse holds a director level then he can file itr 2.


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