About the choice of ITR Form?

For assesment year 2007-08/ for an individual who is an author having
1. tax free royalty income u /s 80 QQB
2. intrest income
3. tax free dividend from mutual fund
4. tax free GOI/ RBI/US 64 bonds etc
5. long term capital gain/ tax free for more than one year where STT is paid
6. exempted income such as intrest free on PPF etc

kindly write back which ITR form no is to be used for filing the income tax return.

You are an author and an author is squarely classified as a Professional.
If your gross total income is less than the taxable income than you need not file any returns.
However, if your income exceeds the taxable income then you should be using Form ITR-4 keeping in mind you have an income from profession (even though it is exempt).
For all individuals who are having income from business/profession will neccesarily have to file in Form ITR-4.
Form ITR-1 and ITR-2 could have been used if you hadn't have the Royalty(professional) income.

I hope this satisfies your query

ITR 4

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