ITR-1 Sahaj Filing
The salaried return, filed on the right form.
ITR-1 is the simplest return and the most often filed on wrongly. It is available only to a resident individual with total income up to ₹50 lakh from salary, one house property, and other sources such as bank interest.
It is not available if you have capital gains, more than one house property, business income, foreign assets or income, agricultural income above ₹5,000, or if you are a director in a company or hold unlisted shares. Any of those requires ITR-2 or ITR-3, and filing ITR-1 instead makes the return defective.
The work worth paying for is the reconciliation against Form 26AS and the AIS, and the regime comparison — which for a salaried person with a home loan and 80C investments frequently comes out differently from what their employer assumed when deducting TDS.
What is included
- Eligibility for ITR-1 confirmed before filing
- Form 26AS and AIS reconciliation
- Old versus new regime comparison
- Filed and e-verified with the acknowledgement
What we need from you
- Form 16 from every employer during the year
- Bank interest certificates and Form 26AS
- Investment and deduction proofs
- Home loan interest certificate, if any
Questions
Who cannot file ITR-1?
Anyone with capital gains, more than one house property, business or professional income, foreign income or assets, agricultural income above ₹5,000, total income above ₹50 lakh, or who is a company director or holds unlisted equity shares. Those all require ITR-2 or ITR-3.
Also in Income tax
Talk to us
Get started with ITR-1 Sahaj Filing
Tell us a little about the business and a chartered accountant will call you back. You will get a firm quote before any work begins.
- A qualified accountant on the call, not a call centre
- A firm quote before any work begins
- Your details are never sold or shared