Tuesday, May 28, 2013

E-FILING PORTAL OPERATIVE NOW FOR ITR-2

With the opening of E Filing portal For Income Tax Returns for the Ass Year 2013-14, now you can file your Income Tax Return electronically if you are eligible for filing in  ITR-2.

Who can use this Return Form

This Return Form is to be used by an individual or a Hindu Undivided Family whose total income for the assessment year 2013-14 includes:-
(a) Income from Salary / Pension; or
(b) Income from House Property; or
(c) Income from Capital Gains; or
(d) Income from Other Sources (including Winning from Lottery and Income from Race Horses).
Further, in a case where the income of another person like spouse, minor child, etc. is to be clubbed with the income of the assessee, this Return Form can be used where such income falls in any of the above categories.

 Who cannot use this Return Form

This Return Form should not be used by an individual whose total income for the assessment year 2013-14 includes Income from Business or Profession.

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