ITR-1 Return Filing Made Simple The Tax Company assists salaried individuals in filing ITR-1 returns quickly and accurately.

ITR-1 (SAHAJ) Return Filing ITR-1 (SAHAJ) is one of the most commonly used Income Tax Return forms in India. It is designed for resident individual taxpayers who have simple sources of income and whose total income does not exceed ₹50 lakh during the financial year. This form is generally suitable for salaried individuals and pensioners who earn income from limited sources and do not have complex financial transactions. ITR-1 can be filed by individuals who earn income from: Salary or Pension One House Property Other Sources such as interest from savings accounts, fixed deposits, or family pension Agricultural Income up to ₹5,000 Taxpayers who have capital gains, foreign assets, foreign income, or business/professional income are not eligible to file ITR-1 and must choose a different ITR form. The filing process is completed online through the Income Tax Department’s e-filing portal. Taxpayers need to provide details such as salary income, deductions, bank account information, and tax payments. After submitting the return, an ITR-V acknowledgement is generated. The filed return must then be verified electronically using Aadhaar OTP, net banking, or bank account verification. If electronic verification is not done, the taxpayer must send the signed ITR-V to the Centralized Processing Centre (CPC). The due date for filing ITR-1 is usually July 31 of the assessment year, unless extended by the Income Tax Department. Documents Required PAN Card Aadhaar Card Form 16 issued by employer AIS / TIS (Annual Information Statement / Taxpayer Information Summary) Bank Statements Investment Proofs for deductions (80C, 80D, etc.)