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📄 ITR-1 (Sahaj) Filing in India
Simplified Tax Filing for Salaried Individuals up to ₹50 Lakhs
🧾 What is ITR?
ITR (Income Tax Return) is a form used by taxpayers to declare their income, deductions, and taxes paid to the Income Tax Department. Filing ITR ensures compliance with tax laws under the Income Tax Act, 1961.
There are 7 types of ITR forms (ITR-1 to ITR-7), each suited to different income sources and taxpayer categories. The choice of form depends on your income type, amount, and residency status.
📘 What is ITR-1 (Sahaj) Form?
ITR-1, also known as Sahaj, is a simplified form for resident individuals with total income up to ₹50 Lakhs from:
- 👔 Salary or Pension
- 🏠 One House Property
- 💰 Other Sources (like interest income)
This form is the most commonly used by salaried employees and pensioners for easy income tax return filing.
✅ Who Can File ITR-1?
ITR-1 is applicable to Resident Individuals meeting the following criteria:
- 💸 Total income ≤ ₹50 Lakhs
- Income sources include:
- Salary / Pension
- Income from one house property
- Other sources like:
- Interest from Bank/Post Office Deposits
- Interest from Income Tax Refunds
- Family Pension
- Interest on Enhanced Compensation
- 👨👩👧👦 Clubbing of minor/spouse income (allowed only if income fits within above limits)
- 🌾 Agricultural income up to ₹5,000
🔔 Filing is mandatory if total income exceeds the basic exemption limit before deductions under Sections 80C to 80U, as per Section 139.
❌ Who Cannot File ITR-1?
You cannot use ITR-1 if:
- You’re a Non-Resident (NRI) or RNOR
- Your total income exceeds ₹50 Lakhs
- You have:
- More than one house property
- Capital gains
- Agricultural income > ₹5,000
- Business or professional income
- Lottery/racehorse income
- Unlisted equity shares
- Director position in a company
- ESOPs from start-ups
- Deductions under Section 194N
🗓️ ITR-1 Filing Due Date
The due date for filing ITR-1 for FY 2024-25 (AY 2025-26) is 31st July 2025. Late filing can lead to penalties and interest, so ensure timely submission.
📋 Structure of ITR-1 Sahaj Form
The ITR-1 Form is organized for ease of use:
- Part A – General Info: Name, PAN, Aadhaar, Address, Contact
- Part B – Gross Income: Salary, Property, Other Sources
- Part C – Deductions: 80C, 80D, 80U, 80G
- Part D – Tax Computation: Taxable income, Tax Payable, TDS, Refund Details
- Part E – Additional Info
Schedules:
- Schedule IT – Advance Tax and Self-Assessment Tax
- Schedule TDS/TCS – Tax Deducted/Collected at Source
📂 Documents Required for ITR-1 Filing
Though ITR-1 is paperless, keep the following handy:
- 🧾 Form 16 from employer
- 🧾 Form 26AS for TDS details
- 📜 Receipts for HRA, 80C, 80D, etc.
- 🪪 PAN Card
- 🏦 Bank interest certificates, FD/PO savings proof
🔍 Types of Income Not Allowed in ITR-1
You cannot report the following in ITR-1:
- 🚫 Business or Profession Income
- 🏠 More than One House Property
- 📉 Capital Gains (LTCG/STCG)
- 🎰 Lottery or Racehorse Winnings
- 💼 Share of income under Section 5A
- 🧾 Income taxable under Sections 115BBDA, 115BBE
⚠️ Penalties for Late Filing of ITR-1
Filing after the due date attracts:
- 💰 ₹5,000 penalty (if income > ₹5 lakh)
- 💰 ₹1,000 penalty (if income ≤ ₹5 lakh)
- 🕒 1% interest per month on tax due
- 🧾 50%–200% penalties for underreporting/misreporting
- 🚔 Prosecution (3 months–7 years) for chronic defaults
🛑 Avoid these by filing on time!
💼 How India Fills Helps with ITR-1 Filing
India Fills offers expert ITR-1 (Sahaj) filing services to make your tax experience seamless:
- ✅ Form selection based on your income type
- ✅ Accurate tax calculation
- ✅ Error-free and timely filing
- ✅ Expert support for refund claims
- ✅ Assistance with Form 16 and Form 26AS
- ✅ Year-round tax law updates and reminders
- 🔒 Secure and confidential data handling
📞 Call Us Today
File your ITR-1 (Sahaj) with India Fills and enjoy stress-free compliance!
📞 Call us now at: 973222 7778
📬 Or get started online at 👉 www.indiafills.com
