• SENSEX
    NIFTY 50
Personal Finance

Filing your income tax returns? You need to know which form to submit

Updated : July 17, 2018 07:55 PM IST

Resident individuals who own any asset or have interest in any asset located outside India, or have the authority to sign for any account situated outside India can also use ITR 2 form.
Those whose taxable income exceeds Rs 50 lakh, or who own more than one house, or have income from a source outside India, or have agricultural income over Rs 5,000, or own more than one house, cannot use ITR 1 form.
Filing your income tax returns? You need to know which form to submit

You May Also Like

Live TV
Advertisement