Income Tax
ITR-1 Filing
File ITR-1 (Sahaj) for salaried individuals with income from salary, one house property and other sources up to Rs 50 lakhs.
Overview
ITR-1 (Sahaj) is the simplest income tax return form for resident individuals. It is applicable for individuals with income from salary/pension, one house property, other sources (interest, etc.) and agricultural income up to Rs 5,000, with total income not exceeding Rs 50 lakhs.
Who Can File ITR-1?
- Resident individuals (not ordinarily resident or non-resident cannot use ITR-1)
- Total income up to Rs 50 lakhs
- Income from salary or pension
- Income from one house property
- Income from other sources (interest, dividend, etc.)
- Agricultural income up to Rs 5,000
Who Cannot File ITR-1?
- Individuals with capital gains income
- Individuals with business or professional income
- Individuals with foreign assets or foreign income
- Individuals who are directors in a company
- Individuals with income above Rs 50 lakhs
Why Choose VSB Consultants?
We verify your income details, ensure proper deduction claims and TDS credit, and file your ITR-1 accurately with e-verification.
Requirements, documents, government fees, professional fees and timelines may vary depending on the applicant, jurisdiction, portal status and applicable law. The final scope will be confirmed after reviewing the specific case.
FAQ
Frequently Asked Questions
Yes, you can claim deductions under Chapter VI-A (80C, 80D, 80G, etc.), standard deduction from salary, and home loan interest deduction (Section 24).
No, ITR-1 is only for resident individuals. Non-residents must file ITR-2 or the applicable form.
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