ITR-1 Return Filing: A Simple Guide for Salaried Individuals
Filing your Income Tax Return (ITR) is an essential annual financial responsibility for every taxpayer in India. Among various ITR forms, ITR-1 Return Filing is the most commonly used form, especially by salaried individuals. Known as Sahaj, ITR-1 is designed for resident individuals with a straightforward income structure.
Who Can File ITR-1 Return?
You can opt for ITR-1 Return Filing if:
• You are a resident individual (not HUF or company)
• Your total income is up to ₹50 lakh
• Your income sources include salary/pension, one house property, and other sources (like interest from savings)
• You have agricultural income (up to ₹5,00
However, ITR-1 is not applicable if you have:
• Capital gains
• Income from business or profession
• More than one house property
• Foreign income or foreign assets
How to File ITR-1 Return Online?
With digital convenience, you can now easily file ITR-1 Return online through the official Income Tax e-filing portal:
1. Register/Login on the Income Tax e-Filing portal (https://www.incometax.gov.in)
2. Go to e-File > Income Tax Return
3. Choose the assessment year and select ITR-1 form
4. Pre-filled data will appear—verify and fill in remaining details
5. Validate and submit the return
6. Verify your ITR using Aadhaar OTP, EVC, or by sending a physical copy to CPC Bangalore
Benefits of Filing ITR-1 on Time
• Avoid penalties and interest under Section 234F
• Claim TDS refunds, if eligible
• Required for visa processing and loan applications
• Maintain clean tax records
Common Mistakes to Avoid
• Not matching Form 26AS or AIS data
• Providing incorrect bank account details
• Filing under the wrong ITR form
• Missing the verification step after submission
Conclusion
For salaried taxpayers, ITR-1 Return Filing offers a simple and hassle-free way to stay compliant with tax laws. With the ease of online submission, anyone can file ITR-1 return online in just a few clicks. Don’t wait for the last date—filing early ensures accuracy and peace of mind. If you’re unsure, consult a tax expert or use professional ITR filing services to make the process even smoother.
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