Income Tax Return (ITR) 1

Income Tax Return (ITR) 1, also known as ITR-SAHAJ, is a simplified form designed for individuals with income from salaries, one house property, and other sources like interest, agricultural income up to Rs. 5,000, and who are not directors in any company or have not invested in unlisted equity shares. It is the easiest ITR form to file and is suitable for a majority of salaried individuals and pensioners.

Applications for Filing ITR 1

ITR 1 can be filed online using the Income Tax Department’s e-Filing Portal or through our commercial tax filing platform.

Eligibility Criteria for Filing ITR 1

Individuals can file ITR 1 if they meet the following criteria:

• Resident taxpayers of India
• Total income up to Rs. 50 lakh
• Income from salaries, one house property, and other sources like interest, agricultural income up to Rs. 5,000
• Not a director in any company
• No investments in unlisted equity shares

Documents Needed to File ITR 1

To file ITR 1, individuals typically need the following documents:

• PAN card
• Form 16 issued by the employer
• Bank account statements
• Property tax receipts (for house property)
• Interest income certificates
• Agricultural income details (if applicable)
• Proof of investments (if any)
• Proof of deductions (if any)