Question:

India: Filing Return using ITR 1?

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Can one use ITR 1 if there is no sale of share or any business income, but only have pension, interest and dividend (which is free of tax in the recipient's hands).

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  1. Yes, for salary, pension and interest you can use ITR-1.

    Dividend is fax free, so ITR-1 is OK.

    Read this for more information on the India Income Tax Forms

    http://mytaxes.in/index.php?topic=32.0


  2. Yes

  3. No. You cannot.  Consult a chartered accountant.

  4. For Individuals having Income from Salary & Interest can use ITR 1 , But if you have Dividend income then you can not use ITR 1

    In your case you have pension, Interest & Dividend also so you can not use this form

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