ITR-1 vs ITR-2: Key Differences, Eligibility & Applicability Explained – MyFinanceGyan
Compare ITR-1 (Sahaj) and ITR-2 forms to choose the correct income tax return in India. ITR-1 is for resident individuals with salary, one house property, and basic income up to ₹50 lakh. ITR-2 covers individuals and HUFs with multiple properties, capital gains, foreign income/assets, lottery or agricultural income over ₹5,000. Learn form selection, compliance, and when to avoid errors.
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