Please Help: ITR-1 or ITR-2 which to file for FY 2010-11
Posted Date : 27-Jul-2011 , 10:30:49 am | Posted By: Sanjiv Kumar
Category :
Income Tax | Answers :
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Comments :
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ITR-1 or ITR-2 which to file for FY 2010-11 as I am residing in Gurgaon in arented accomodation & I claim tax benefit on HRA and my parents stay in my home in Gurgaon on which I have taken home loan & I claim tax benefit on Principal (80C)& Interest(24b).Kindly replay at earliest as I have to file quickly. |
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Answers:
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Answer by: PRIYANKA |
Agree with vipin jee, as u will be claiming interest deduction by claiming it as a loss from house property ..so u will have to file ITR 2 and not ITR 1.
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Answer by: CA. Sachin Data |
ITR-2
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Answer by: CA Rajnish |
I am not agree to all my dear friends.You have to file return in ITR-1 because u have only one residential house property and its Instalment and interst is taken by you in your form 16.so please file easily ITR 1 showing interest as Loss of own house property income and Instalment amount as u/s 80C.
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Comments |
Posted By : CA Rajnish |
30-Jul-2011, 11:25:55 |
Only ITR 1 is applicable here,sorry Mukesh ji if ITR 1 is sufficient you should not file ITR2.All ITR made for its special purpose. |
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Posted By : Anjali Arora |
27-Jul-2011, 03:49:56 |
You have to file your ITR in ITR 2. |
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Posted By : CA VIPIN GARG |
27-Jul-2011, 02:59:31 |
ITR - 2, because if you want to claim the interest deduction you have to hit the head of house property which is there in itr - 2 and not in itr - 1.
have a nice day dearrrrr |
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