• Which ITR form?

I received capital receipt for penalty payment from a builder and TDS was deducted on that, I understand that this does not form part of my income. I am an NRI.
Question: Which ITR form should I be using to claim this TDS back from government? Is it ITR1?
Thanks
Asked 9 years ago in Income Tax

As per my view you need to file ITR 1.

Shyam Sunder Modani
CA, Hyderabad
1409 Answers
164 Consultations

I understand that this refund is paid on the excess money taken at the time of purchase of proeprty. if it is so than no tax is payable. you can file itr 1 and claim it back under excess tax deducted under ifos.

But if fact differ than answer may change accoridngly

Vishrut Rajesh Shah
CA, Ahmedabad
940 Answers
39 Consultations

Pl use ITR 2.

B Vijaya Kumar
CA, Hyderabad
1018 Answers
124 Consultations

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