The Income Tax Return Form 1 (ITR-1), also known as Sahaj, is a simplified income tax return form for individuals earning income from straightforward sources. It is designed to make tax filing easy for salaried individuals and those with limited income sources.
Documents required:
1. Aadhar Card photocopy
2. PAN Card photocopy
3. Aadhar registered mobile number
4. Personal Email ID
5. Bank statement of respective filing year
6. Form-16 of respective filing year
7. Salary/income proofs of respective filing year
8. Investment Proofs of respective filing year
Click Here To Upload Your documents
Key Due Dates
Filing Due Date: 31st July of the assessment year.
Revised Return: Can be filed up to 31st December of the assessment year.
Belated Return: Can also be filed by 31st December, subject to penalties.
Penalties for Non-Filing
Late Filing Fee under Section 234F:
₹1,000 if total income is less than ₹5 lakh.
₹5,000 if total income exceeds ₹5 lakh.
Interest under Section 234A: 1% per month on unpaid tax.
Reviews
There are no reviews yet.