One of the major reforms made in the notified itr forms is the designing of a one page simplified itr form 1 sahaj. It can be used by both indian citizens and nonresident of india to file their income tax return with the income tax department of india. A simplified onepage form, itr1, can be filed by individuals having income up to rs 50 lakhs from the following sources. Form description microsoft excel java instructions. Schedule al is applicable to all taxpayers having total income. The central government, which usually notifies forms for filing income tax returns by individuals in april every year, notified on jan. Income tax efiling has been made easy by the income tax department by opening an e filling portal for those eligible for filling the itr form 1 sahaj. Whose total income for the assessment year 201819 exceeds rs. Filing an itr 1, which is also known as sahaj is a must for many types of employees in india. The central board of direct taxes cbdt has notified two income tax return itr forms for the assessment year of 202021 i. Individuals who are resident individuals of india can furnish their return of income tax in this form if their income is up to rs. Here we are providing itr 1 form for fy 201819 in pdf format. Cbdt grants certain relief in filing new itr1 and itr4.
The new itr 1 sahaj is a onepage form that simplifies the income tax return filing process for salaried individuals. What is itr 1 form and how to download and file itr 1. Different types of persons under indian incometax act uses different it return forms. Itrv means income tax return verification and the it department prepares it to verify the validity of its e filing for taxpayers. No, every correspondence to cpc has to be done online only. The finance ministry recently notified the income tax return itr forms itr 1 sahaj and itr4 sugam for the a.
You would need to pay a late fee under fee us 234f if you miss the deadline. It is compulsory to mention aadhaar number in the itr forms without which the tax returns will not be. For individuals being a resident other than not ordinarily resident having total income upto rs. Easily download the latest pdf format of itr 1 sahaj form ay 202021, itr 2 and itr income tax return 3 form for ay 201920 in a single click on blog.
New 1 page itr form sahaj notified, e filing to start tomorrow. The itr forms are uploaded in the e filing portal and can be downloaded in java, pdf or excel formats, after registration. An income tax return is a form where taxpayers declare their taxable income, deductions, and tax payments. The e filling portal for income tax returns itr for the financial year 201718 or assessment year 201819 has been opened by the income tax department for those who are eligible for filing the itr form 1 sahaj. We have tried to cover all the possible queries related to itrv. Income tax return for financial year 2014 for period 1stapril 20 31st march 2014. How to file your income tax returns with itr1 sahaj form. Income tax department has issued the updated schema for itr 2 income tax return 2 for assessment year 201415 i. Form itr 1 or sahaj derived from the hindi word meaning easy is the most commonly used form for filing income tax returns. In case of any doubt, please refer to relevant provisions. Download itr form sahaj itr 1 for fy 201920 ay 202021. Itr 1 sahaj income tax return 1 form is essential for filling the income tax returns with the income tax department of india at the end of every financial year. Itr1 indian income tax return for individuals being a. Itr form 1 is used by an individual who is a resident other than not ordinarily resident, whose total income for the assessment year 202021 does not exceed.
Income tax return itr forms provide can be downloaded online from the e filing website of the income tax department. Return form itr 1 sahaj cannot be used by an individual. Whose total income for the year includes income from more than one house property. How to file income tax return for a y 201920 live e. Of the multiple income tax return itr forms, the itr 1 form is an important form, which is used by taxpayers whose income is less than inr 50 lakh per annum to file their income tax returns. While every itr form is unique in their content, the most commonly downloaded form is itr 1 or sahaj, given its wide applicability. The income tax return form 1 sahaj will replace the 7page form. Download the form itr 1 sahaj by clicking the below image. Simple itr 1 form not for those paying rs 1 lakh in electricity bill, owning house jointly returns in itr 1 sahaj can be filed by an ordinarily resident individual whose total income does not exceed rs 50 lakh, while form itr4 sugam is meant for resident individuals, hufs and firms other than llp having a total income of up to rs 50 lakh and having presumptive income from business and. There are mainly seven types of income tax return form available for e filing on incometaxindiaefiling. You can view information summary under the compliance module and submit whether it pertains to you or any other person you know.
Instructions for filing itr 1 sahaj for ay 201718 these instructions are guidelines for filling the particulars in this return form. Itr 1 return form is to be used by an individual who is a resident other than not ordinarily resident, whose total income for the assessment year 201920 does not exceed rs. Download itr form sahaj itr1 for fy 201920 ay 202021. Itr 1 sahaj and itr4sugam in the first week of january. Excel and java cater to those who submit their taxes through the online portal. Download sahaj itr 1, 2, 3, sugam itr4, 5, 6, 7 for a. Itr 1 sahaj for ay 201920, itr 1 saral form in pdf format. Only the forms have been notified without the return filing utility. Itr 1 sahaj for ay 201819 fy 201718 are to be filed electronically on the income tax india efiling of website of income tax department. You can also file income tax return for free using our.
The income tax department never asks for your pin numbers, passwords or similar access information for credit cards, banks or other financial accounts through e mail the income tax department appeals to taxpayers not to respond to such e mails and not to share information relating to their credit card, bank and other financial accounts. Itr 1 sahaj and itr4 sugam forms can be downloaded from the income tax e filing website. Itr form 1 sahaj also covers assets and liabilities of a. Different itr forms are notified by the tax department depending on the source of your income. Cbdt issued new itr forms on 1st april 2019 with changes in itr 1 itr2 itr4s itrv for a. As you already know income tax return filing is done by way of submitting the income tax form to the income tax department. The most basic, itr 1 or sahaj, to be filled by the salaried class of taxpayers, was used by 3 crore taxpayers during the last financial year. Also known as the itr sahaj, below is an overview of what this form comprises. However, where return is furnished in itr form 1 sahaj the following persons have an. However, there are certain categories of salaried individuals who need to submit their returns through other forms like itr or itr2a. Indian income tax return ay 201819 itr1 sahaj thetaxtalk. Y 202021 to ensure that the e filing facility for filing of return for. Cbdt grants relaxation in eligibility conditions for filing of income tax return form 1 sahaj and form 4 sugam for assessment year 202021in order to ensure that the e filing utility for filing of return for assessment year a. The only exception is itrv form by post for e verification.
In case of any doubt, please refer to relevant provisions of the incometax act, 1961 and the income tax rules, 1962. New 1 page itr form sahaj notified, efiling to start. Alternately, if you are using itr 1 sahaj, you have the option of filling out the form and filing the return online without having to download the form. The itr 1 form, also called sahaj meaning easy in hindi, is the income tax return form for salaried individuals i. If you are not registered with the e filing portal, use the register yourself link to register. Individual being resident having total income of rs 50lakhs from following sources. Refer to readme text for more details on how to use the form. Income tax return for financial year 2014 for period 1 st april 20 31 st march 2014. Download itr forms for e filing last date for income earned during previous year 20182019 i. Only salaried taxpayers with an income of up to rs 50 lakh. Itr 1 form has been activated on the official e filing portal of the income tax department. Income tax department downloads income tax returns income tax.
Income from other sources return filing date and consequences if delayed. New 1 page itr form sahaj notified, e filing to start tomorrow instead of 20 columns of deductions in the old form, only four deductions claims in respect of section 80c, 80d, 80g and 80tta need to be filled. These taxpayers do not have to file itr 1 sahaj form the itr 1 form which is also referred to as itr 1 sahaj, must be filed by individuals whose incomes are arising from salary, pension, one house property and other sources. The new itr 1 sahaj form is out for filing income tax returns and is a simplified return form for the salaried class with an income of up to rs 50 lakh only. The latest itr 1 form, largely used by the salaried class of taxpayers, has been activated on the official e filing portal of the income tax department, a senior official said today. Download itr 1 sahaj form in pdf format for ay 201920. Sahaj form itr 1 form as the name itself defines is the simplest form for furnishing of income tax return for individuals. Itr 1 form commonly known as sahaj is one such form. Provided if his total income or total income of any other person in respect of which he is assessable under the act exceeds the threshold limit of income not chargeable to tax. Choosing the right form is a big part of filing your taxes because if you submit the wrong form, the filing comes under the defective list, which will result in you having to file another return. Simple itr1 form not for those paying rs 1 lakh in. Persons whose total income for the financial year 201819 does not exceed rs 50 lakh should file form itr 1 or sahaj. While filing your income tax return itr, taxpayers must pick the right form.
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