ITR 1, Income tax e filing Form is filed by the taxpayers and the individuals being a Resident (other than Not Ordinarily Resident) having Total Income up to INR 50 lakhs, having Income from Salaries, One House Property, Other Sources (Interest etc.), and Agricultural Income up to INR 5 thousand. (Not for an Individual who is either Director in a company or has invested in Unlisted Equity Shares). The income tax department has notified ITR forms for taxpayers based on their source of income in order to create a simple tax compliance structure. Therefore, you are required to furnish the return as per the source of your income.
ITR-1 Income Tax Filing Made Easy
1. Income from Salary/Pension
2. Income from One House Property (excluding cases where loss is brought forward from previous years)
3. Income from Other Sources (excluding winning from Lottery and Income from Race Horses)
Income Tax Filing Made Easy
Every year, the Salaried person, Income from business must file there Tax filing with Income-tax.
The tax filing made easy from Team IN Filings, as we have adopted new simple methodology to assist the filings
E-file your ITR online for more convenience
Filing ITR is now online, the tax payer has to submit the details of income and investment details via online mode only.
You just need to login to Incometaxindia.gov.in using Pan and Pw to access the system to enable the filings.
Before filing ITR online, the first time it needs to be registered using the pan, aadhar and address, along with Bank details.
Once registered, you will get the success update from email as well mobile number.
Asper the current income-tax law, person who holds income more then 5 Lac has to pay tax, however by making proper tax plan and investment, he could save tax or no tax upto Rs.10 lac of income, for more about how to save tax, pls read our blog…
Income Tax Return: Get your Income Tax Return Filed Online
You just need to login to Incometaxindia.gov.to submit the Income and investment details by online, or you can share the details by online to our email id : email@example.com
File your Income Tax Return
Government has advised to check the financial information, 26as, annual information before we file with Income-tax.
The filing shall be carried on post verification with other resources details available with system.
File Income Tax Return Online | Income Tax E-Filing in India
Get all your income tax related services at one desk, we are helping many individuals, business to file there ITR with proper systematic analysis and advise.
Process of Registration
Only the following persons have the option to file the return in paper form
An individual at the age of 80 years or more at any time during the previous year
An individual or HUF whose income does not exceed Rs 5 lakhs and who has not claimed any refund in the return of income
For offline, the return is furnished in a physical paper form. The Income Tax Department will issue you an acknowledgement at the time of submission of your physical paper return.
By transmitting the data electronically and then submitting the verification of the return in the form of ITR-V to CPC, Bengaluru.
By filing the return online and e-verifying the ITR-V through net banking/aadhaar OTP/EVC.
If you submit your ITR-1 Form electronically, the acknowledgement will be sent to your registered email id. You can also choose to download it manually from the income tax website. You are then required to sign it and send it to the Income Tax Department’s CPC office in Bangalore within 120 days of e-filing. Alternatively, you can e-verify your return.
1. Form 16
2. Salary slips
3. Interest Certificates from the Post offices and Banks
4. Form 16A/16B/16C
5. Form 26AS
6. Tax-savings investment proof
7. Deductions under the Section 80 D to 80 U
8. Home Loan statement from the NBFC/ Bank
9. Capital Gains