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ITR - 1 Filing

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What is ITR - 1

ITR-1 form is an essential Income Tax Return form for Indian citizens filing their tax returns with the Income Tax Department. ITR 1, more commonly referred to as ’SAHAJ‘, is to be used by individuals who qualify as ‘ordinarily resident’ during a tax year (1st April to 31st March).

Pay as you Grow !

Income tax return filing for an individual with salary income of less than 5 lakhs.
Rs. 199 /- Inclusive of all charges
Income tax return filing for an individual with salary income of less than 5 lakhs.
Rs. 999 /- Inclusive of all charges
Income tax return filing for an individual with salary income of less than 5 lakhs.
Rs. 1999 /- Inclusive of all charges

For individuals being a resident (other than not ordinarily resident):

  • having total income upto Rs.40 lakh
  • having Income from Salaries
  • one house property

  • Total income exceeding Rs 50 lakh
  • Agricultural income exceeding Rs 5000
  • If you have taxable capital gains
  • If you have income from business or profession, Having income from more than one house property
  • If you are a Director in a company
  • If you have had investments in unlisted equity shares at any time during the financial year,Owning assets (including financial interest in any entity) outside India)
  • if you are a resident, including signing authority in any account located outside India
  • If you are a resident not ordinarily resident (RNOR) and non-resident, Having foreign assets or foreign income
  • If you are assessable in respect of income of another person in respect of which tax is deducted in the hands of the other person

  • Aadhaar Card
  • Form 16
  • Rent Receipts
  • Bank Statement
  • Capital Gains
  • Interest certificates from Post Offices & Banks
  • Details of all partners like Name of the partner, PAN of the partner, profit and loss sharing ratio

# Taxable Income Income Tax Rate
1 Up to 2.5 lakh Nil
2 From 2,50,001 to Rs 5,00,000 5%
3 From 5,00,001 to Rs 7,50,000 10%
4 From 7,50,001 to 10,00,000 15%
5 From 10,00,001 to Rs 12,50,000 20%
5 From 12,50,001 to 15,00,000 25%
5 Above 15,00,000 30%

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  • What is e-filing utility provided by the Income-tax Department?
    • The Income-tax Department has provided free e-filing utility (i.e., Java & excel) to generate e-return and furnishing of return electronically. The e-filing utility provided by Department is simple, easy to use and also contains instructions on how to use it. By using the e-filing utility, the taxpayers can easily file their returns of income. Utility can be downloaded from www.incometaxindiaefiling.gov.in
  • Will I be put to any disadvantage by filing my return?
    • No, on the contrary by not filing your return inspite of having taxable income, you will be liable to the penalty and prosecution provisions under the Income-tax Act.
  • What are the benefits of filing my return of income?
    • Filing of return is your duty and earns for you the dignity of consciously contributing to the development of the nation. Apart from this, your income-tax returns validate your credit worthiness before financial institutions and make it possible for you to access many financial benefits such as bank credits, etc.
  • Is it necessary to file return of income when I do not have any positive income?
    • ​​If you have sustained a loss in the financial year, which you propose to carry forward to the subsequent year for adjustment against subsequent year(s) positive income, you must make a claim of loss by filing your return before the due date.
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