In new SARAL-II (ITR-1) contains a very good feature regarding Income From House Property which was not available in earlier ITR-1. Approximate 95% salaried persons can use this form even having Interest on Loan taken for House Construction and having income from other Sources in the financial year 2009-10 (Assessment Year 2010-11)
Consolidated form 16 and 16A can be issued upto 30/04/2010 as last date for financial year 2009-10. To read more regarding quick generation of form 16 and 16A Click Here
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