Don’t Use Java Utility of ITR-2 & ITR-4 if You Have Deemed House Property Income or Require 80DD,80DDB or 80U Deduction!

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Income Tax Department has provided excellent utility for common taxpayers for filing income tax return (ITR) for assessment year 2014-15 on its site .However , on test, it was found out that there is a serious shortcoming in the Java Utility as far as the Schedule HP of the tax return is concerned . To be specific , the problem with JAVA utility of ITR-2 & ITR4 is only for tax payer who are required to show deemed house property income u/s 22 of the Income Tax Act .

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