I am unemployed during FY 2019 to 2020. I had no salary income, I had my PPF account got matures during this year. I have own house as well as second house which is on rental.
Which ITR form to be used for filling return. Also where PPF mature amount to be shown?
Ans: Even though there was no salary for FY2019-20, you need to file your returns if your taxable income is above the basic exemption limit due to the rental income. You can use the ITR -1 if there is a requirement.
While filing your income tax return (ITR), an individual is required to report incomes that are exempted from tax under the ‘Computation of income and tax’ tab in the online ITR-1 form.