Question 1

I'm a government employee in Delhi. Which ITR form do I need?

Accepted Answer

Central government employees typically file ITR-1 if their income is from salary, one house property, and other sources below ₹50L. If you have NPS contributions under Section 80CCD(1B), pension income, or gratuity, these are handled within ITR-1. Defence personnel with exempt allowances need careful computation.

Question 2

How is HRA calculated for Delhi?

Accepted Answer

Delhi is a metro city, so HRA exemption is calculated as the minimum of: (1) Actual HRA received, (2) Rent paid minus 10% of basic salary, (3) 50% of basic salary (metro rate). Delhi's high rents often make HRA a significant deduction.

Question 3

I have a property in Delhi and one in my home state. How is rental income taxed?

Accepted Answer

Both properties are taxed under 'Income from House Property'. If one is self-occupied, its annual value is nil (with home loan interest deduction up to ₹2L). The let-out property's rental income is taxed after 30% standard deduction and home loan interest.

Question 4

I run a small business in Delhi. Can I use presumptive taxation?

Accepted Answer

Yes. Under Section 44AD, businesses with turnover up to ₹3 crore (digital transactions) or ₹2 crore (cash) can declare 8% (or 6% for digital) of turnover as profit without maintaining detailed books. This requires ITR-4.

ITR Filing in Delhi NCR — Starting ₹399

Frequently Asked Questions

Ready to file your ITR in Delhi NCR?

ITR Filing in Delhi NCR — Starting ₹399

Frequently Asked Questions

Ready to file your ITR in Delhi NCR?