ITR for pensioners
Pensioners typically file their income tax returns using ITR-1 or ITR-2, depending on their sources of income.
Here’s a general guideline ITR for pensioners:
ITR-1 (Sahaj):
Pensioners who have income from sources such as pension, interest, and rental income (excluding income from business or profession) and do not have capital gains can file Income Tax Return-1.
ITR-2:
Pensioner who have income from pension as well as other sources such as capital gains, rental income, or income from business or profession are require to file ITR-2.
It’s important to carefully review the income tax return forms and their instructions to determine the appropriate form base on your specific income sources and other relevant factors. It is also recommend to consult with a tax professional or chartered accountant to ensure accurate filing.