Hello everyone,
I’m seeking guidance regarding the selection and filing of my Income Tax Return (ITR) form for the financial year. I am a salaried individual with the following details:
- Total Income: Under ₹2.5 lakh.
- Income Sources:
- Salary income.
- A small withdrawal of ₹375 from the Dream11 fantasy gaming app.
I have encountered an issue where the ITR-1 form is showing as disabled for me on the income tax portal. Given that my total income is below ₹2.5 lakh, I am unsure why this is happening and what steps I should take.
I understand that:
- ITR-1 is generally suitable for individuals with a total income up to ₹50 lakh, including salary, interest income, and income from other sources like fantasy gaming.
- ITR-2 is meant for individuals with income exceeding ₹50 lakh or from sources beyond salary and one house property.
Given my income level and the issue with ITR-1, could you please advise:
- Why ITR-1 might be disabled for my case.
- If I should proceed with ITR-2 despite my income being well below ₹50 lakh.
- Any additional steps I need to take or other forms I might need to consider.
Thank you in advance for your assistance!