Friday, January 6, 2012

Difference between ITR 1 and 2

ITR-1 (Saral-II) is For Individuals having Income from Salary / Pension / Income from One House Property (excluding loss brought forward from previous years) / Income from Other Sources (Excluding Winning from Lottery and Income from Race Horses.

ITR-2 is For Individuals and HUFs not having Income from Business or Profession

1 comment:

  1. if individual has income of salary then what should he choose?
    itr-1 or itr-2?

    ReplyDelete