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Forms to be used for filing return


Category: Finance  >>  Taxes

By Maria Rain   [ 04/02/2008 ]
 | [ viewed 332 times ] Article word count: 101  

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* The forms Saral, Naya Saral, 2D, 2E are now outdated and can not be used to file returns.
* Salaried employees should use either ITR1 or ITR2 to file returns.
* Form ITR1 is applicable for individuals having Income from Salary, Pension, and/or interest.
* Form ITR2 is applicable for all other individuals not having income form business and profession. I.e., if you have income/loss from house property, capital gains and/or other sources, you should use ITR2.
* The new ITR forms are annexure-less, i.e., you do not need to attach any documentary proof such as Form 16, investment proof, etc.

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Article tags: India income tax, online income tax preparation, Online income tax filing India, income tax forms India, taxes, income tax software , tax forms, file your taxes, free tax software India, file your taxes in India, income tax return in India, NSC, tax
 

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