Which ITR Form is applicable to you?With the introduction of new income tax return forms based on nature of income earned during the year, one needs to know relevance of each return form and select the right form.For an individual, four forms have been introduced, the details of which are as under:Form No.ApplicabilityITR – 1Meant for Individuals, who havea) Income from salaryb) Interest income (taxable / exempt)c) Family pensiond) Income from agricultural activitiesIn other words, this form is not applicable...
