........For
some online tax filers, choosing the right form is not an issue. “A
taxpayer has to just enter what he has earned under different heads of
income and the portal automatically chooses the applicable form,” says
Sudhir Kaushik, co-founder and CFO of Taxspanner.com.
For instance, if the person has only income from salary and no exempt
income, his return will be filed using ITR 1, but if he made some
capital gains, has rental income from more than one house or his exempt
income exceeds 5,000, ITR 2 will have to be used. However,
taxpayers who upload their returns through the official Income Tax
Department website will have to be more careful about the form they use.
Delhi-based Kuldip Kaushik used the ITR 1 last year, but since he had
dividend income of over 5,000 for the year 2012-13, he will have to use
ITR 2 this year............
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