• ITR – 1 Filing

Don't Delay, File Your ITR Today!

When filing Income Tax Returns online in India, individuals and businesses declare their income, deductions, and tax liability for a specific financial year. ITR-1 is applicable to salaried residents and NRIs earning up to Rs 50 lakh annually from a single property, excluding certain sources like gambling. Documents required for filing include Form 16, Form 26AS, receipts for deductions, PAN card, and bank investment certificates. Efficient filing ensures compliance and accurate calculation of tax liability or refunds.

₹2,499
₹1,270
(Excluding GST)

Get Started

Income Tax Return Filing Online is submitting your income tax to the government of India electronically or through physical documentation that declares your income, deductions, and tax liability for a particular financial year. Individuals and businesses must file their income tax returns each year, and failure to do so may result in penalties or legal consequences. The tax return helps the government to determine the tax payable or refundable by a taxpayer based on their income and deductions for that year. The income tax return filing process provides detailed information about your income sources, deductions, and tax-saving investments made during the financial year. This information is then used to calculate the tax liability or refund due to the taxpayer.

ITR – 1 

Salaried resident individuals and Non-Resident Individuals (NRIs) having a maximum income of Rs 50 lakh within a financial year need to choose ITR 1 form while filing their returns. Here are the criteria which determine their applicability:

  • Income source should be salary or pension. 
  • Income should be from a single property. 
  • There can be Income from Other Sources (excluding activities like horse racing, gambling, lotteries and more).
  • The person should not own any property outside India. 
  • He/she should not receive revenue from other countries. 
  • If exempt income (e.g. agricultural income) is less than Rs 5000
Applicants do not need to file ITR 1 in case of the following:
  • If the person is not an individual taxpayer. 
  • If the individual’s Income comes from more than one property. 
  • If the individual earns income via a profession or business.
  • If the taxpayer receives Income from Other Sources (which includes activities like lotteries, gambling, horse racing, card games, etc.).
  • If the person has incurred losses under Income from Other Sources.
  • If the person has incurred non-tax-exempted short-term and long-term capital gains. 
  • If exempt income is more than Rs 5,000.

What Are The Documents Needed To File ITR?

Documents which you need to file the ITR-1 form are:
  • Form 16: Issued by all your employers for the given financial year
  • Form 26AS: Remember to verify that the TDS mentioned in Form 16 matches the TDS in Part A of your Form 26AS
  • Receipts: If you have not been able to submit proof of certain exemptions or deductions (such as HRA allowance or Section 80C or 80D deductions) to your employer on time, keep these receipts handy to claim them on your income tax return directly.
  • PAN card
  • Bank investment certificates: Interest from bank account details – bank passbook or FD certificate

Easy Payment Options Available
No Spam. No Sharing. 100% Confidentiality