In case one has stipend (to be shown as exempt) and salry income post articleship... then should ITR 1 be used or ITR 2.
I think Its ITR 1
Thanks but ITR 1 says, there should be no exempt income other than agriculture and interest while I want to claim stipend (as I wrote earlier) as exempt. Will it make any difference
ITR - 1
Check reference :-
https://incometaxindiaefiling.gov.in/portal/individual_huf.do
You need not to be disclose your stipend.
Why? one is supposed to disclose exempt income also..... Isn't it??
not necessarily
ITR - II
It's not required to disclose your stipend.
Yupp... ITR 1
According to Payment of Bonus Act, Stipend Is Part of Salary.
So use ITR 1 to File Return
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