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Showing posts from August, 2021

Which ITR to file?

  ITR 1                                                                        1.Only for Individual or HUF 2. Should be Resident (Only Ordinary resident) 3. Total Income upto 50 Lakh 4. Income-  a. Salaries Income                    b. Income from One House Property                    c. Income from Other Sources (Interest etc.)                    d. Agricultural Income upto Rs.5000 only The followings are Not Eligible:-    A. This Return Form should not be used by an individual who  (a) is a Director in a company;  (b) has held any unlisted equity shares at any time during the previous year;  (c) has any asset (includi...