CMA Report In Tambaram
Individuals who have their Income for the Financial Year through Salary or Pension, more than House Property, Income from Capital Gains, Income from foreign assets/Income, Income from business or profession as a partner (not proprietor) and other sources including lottery, racehorses, legal gambling are eligible to file their IT Return using ITR-2. Individuals who are not eligible to file using ITR-1, because of their income exceeding ₹ 50 Lakhs, also need to file using ITR-2.
who have income from carrying on a profession or from Proprietary business.
- Income from carrying on a profession
- Income from Proprietary Business
- Along with income from a profession or proprietary business, return may also include income from House property, Salary/Pension and Income from other sources
Due date for filing income tax return is 31st July for Individuals and incase of tax audit 30th September for Businesses.