I am a salaried person.
I have purchased a house in 2006 on loan. and I am staying in this house. Monthly I am paying for this housing loan (principal +interest) to the bank.
Which form ITR 1 or ITR 2 should I use to file IT return?
Regards,
Amol S
Amol (Law officer) 12 July 2012
I am a salaried person.
I have purchased a house in 2006 on loan. and I am staying in this house. Monthly I am paying for this housing loan (principal +interest) to the bank.
Which form ITR 1 or ITR 2 should I use to file IT return?
Regards,
Amol S
Ganesh (Proprietor) 12 July 2012
You should file ITR-1,
S.S. NIGAM (advocate(taxation) ) 17 July 2012
dear mr. ganesh,
you should to file itr 1
R RAJAGOPALAN (ADVOCATE) 22 August 2012
You need use ITR-1 only.The details of who can use ITR-1 and ITR-2 are:
|
Sr No. |
Form No. |
Descripttion / Summary |
|
1 |
ITR 1 |
Individual having income classified as:
1. Salaries
2. House Property (where the individual does not own more than one house property
3. Income from Other Sources (except winnings from lottery or income from race horses) |
|
2 |
ITR – 2 |
For Individual and Hindu Undivided Family ( |
Ganesh babu (ARTICLE ASSISTANT) 04 September 2012
ITR-1 IS APPLICABLE TO YOU
ITR-2 IS APPLICABLE TO PERSONS HAVINGINCOME FROM SALARY,& INCOME FROM HOSEPROPERTY FROM MORE THAN ONE HOUSE PROPERTY SO IT IS NOT APPLICABLE FOR U.
AND U CAN GET DEDUCTION UNDER CHAPTER VI A U/S.80C FOR THE PRINCIPAL AMOUNT OF LOAN U PAID IN F.Y
FOR THE INTEREST PORTION OF HOME LOAN PAID,U CAN GET DEDUCTION U/S.24(b),
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