Income from other sources only

Share
Share This Thread
  1. Vipan Passi

    Vipan Passi New Member

    I have income from other sources only --- NOTHING ELSE.
    Which ITR Form i should use to file my tax return?
     
  2. ZED

    ZED Well-Known Member

    ITR-1 would do provided you do not have
    Income from winnings from Lottery or income from Race Horses;

    Agricultural income in excess of ₹ 5,000;

    Loss under the head 'Income from other sources'; or

    any asset (including financial interest in any entity) located outside India or signing authority in any account located outside India or

    any income from any source outside India
     
  3. Vipan Passi

    Vipan Passi New Member

    Sorry, I forgot to mention that this pertains to my HUF. I have an HUF and it has income from other sources ONLY. Nothing else. So which form I should use?
     
  4. ZED

    ZED Well-Known Member

    ITR 2A will do.
     
  5. Vipan Passi

    Vipan Passi New Member

    Thanks.
     
  6. ChoudharyG

    ChoudharyG New Member

    hi ,, I have am similar status ( HUF has income from OTHER sources only ) , but for online ITR submission, there is no option of ITR 2A and it comes as 4S only....

    in 4S , there is a TAB , where you need to specify source of income..

    what shall be indicated as source of income.
     
  7. ZED

    ZED Well-Known Member

    @ChoudharyG
    ITR-1 would do in your case provided the following are NOT applicable.

    a) Income from more than one House Property; or
    b) Income from winnings from Lottery or income from Race Horses; or
    c) Income under the head "Capital Gains" ,e.g., short-term capital gains or long-term capital gains from sale of house, plot, shares etc.; or
    d) Agricultural income in excess of ₹ 5,000; or
    e) Income from Business or Profession ;or
    f) Loss under the head 'Income from other sources'; or
    g) Person claiming relief under section 90 and/or 91;or
    h) Any resident having any asset (including financial interest in any entity) located outside India or signing authority in any account located outside India or
    i) Any resident having income from any source outside India
     
Draft saved Draft deleted
Loading...
Similar Threads Forum Date
Income from other sources Income Tax Sep 22, 2017
Tax exemptions on income from other sources Income Tax Dec 11, 2016
Please Find Income from other sources taxable Income Tax Dec 9, 2015
Find Income from other sources Income Tax Dec 9, 2015
Should I disclose Income under Business or Other Sources Income Tax Jul 7, 2015