I have two flats. Out of that one is registered in only my name and the second flat is registered on my name along with my wife's name.
We are co-borrowers of the loan for the second flat; and I am only paying loan for first flat.
As in my name, there are two flats, so I have filed the ITR2, but my wife is co-owner in one flat only, so which ITR type to be filled by wife, ITR 1 or 2?
Ans: Query is not clear, but as per my understanding if you are taking a loan then you can file ITR 1 and not compulsorily ITR 2