The following points will help in filling ITR-1 (Saral-II) for Assessment Year (2010-11) and Financial Year (2009-10).
Please download the following file for detailed Information:
Filing Status
· Designation of Assessing Officer:
Use the following link to find the Assessing Officer http://www.incometaxindia.gov.in/ao/firstlevel.asp (Use Internet Explorer, Google Chrome is not working properly for this site)
· Return Filed Under Section
The codes corresponding to the section under which a return is being filed are as under:-
i. Voluntarily before the due date under section 139 - 11
ii. Voluntarily after the due date under section 139 - 12
iii. In response to notice under section 142(1) - 13
iv. In response to notice under section 148 - 14
v. In response to notice under section 153A/ 153C - 15
Income & Deductions
· Income chargeable under the Head “Salaries”(Salary/Pension)
It is calculated after deducting allowances under section 10 (HRA & Transport) and allowances under section 16 (Entertainment & Professional Tax Paid)
· Income chargeable under the Head “Other Sources”
It includes Interest from bank deposits and dividends from equities owned by foreign companies.
Point 27: Exempt Income only for reporting purposes
It includes Mutual Funds dividends and dividends from domestic equities. It also includes capital gains made from shares after deducting STT.