ITR 1 Filing
[/text_box] [/ux_banner] [section padding=”59px” height=”300px” border=”1px 0px 0px 0px” border_color=”rgb(235, 235, 235)” video_visibility=”visible”] [row style=”large” v_align=”middle” h_align=”center”] [col span=”4″ span__sm=”12″ padding=”15px 15px 15px 15px” bg_color=”rgb(255, 255, 255)” bg_radius=”15″ depth=”2″ depth_hover=”5″ border=”1px 1px 1px 1″ border_margin=”7px 7px 7px 7px” border_style=”dashed” border_radius=”15″ border_color=”rgb(0, 0, 0)”] [title text=”QUERY NOW” color=”rgb(0, 0, 0)”] [contact-form-7 id=”710″] [/col] [col span=”8″ span__sm=”12″ align=”center”] [ux_text text_align=”left” text_color=”rgb(0,0,0)”]ITR1 Sahaj Form – File ITR 1 Online With CS Filing Online Pvt. Ltd.
The income tax department of India has classified taxpayers into various categories on the basis of their income and its supply. ITR-1 is better considered as Sahaj Form, is for individuals whose income is up to Rs. 50 lakhs
The Income Tax Department has announced that all taxpayer need to compulsorily connect their Aadhaar card with PAN on the Income Tax Department web portal.
Aadhar card is an essential requirement for Online Income Tax filing.
[/ux_text] [row_inner depth=”1″ depth_hover=”3″] [col_inner span__sm=”12″ padding=”15px 15px 15px 15px” bg_color=”rgb(243, 243, 243)”] [ux_text text_align=”left” text_color=”rgb(0,0,0)”] Who Need To File ITRITR -1 Form is easy for people with income up to Rs 50 lakhs from the below-mentioned resources.
Salary/ Pension Income
Other sources of income (lottery and horse race income is not included)
One house property income (not including loss cases from the previous years)
In a condition of group income tax return, where a minor or spouse is added (it is allowed only if the income falls under the above-specified slab)
[/ux_text] [/col_inner] [/row_inner] [/col] [/row] [/section] [section bg_color=”rgb(236, 236, 236)” padding=”50px” height=”300px” border=”1px 0px 0px 0px” border_color=”rgb(235, 235, 235)” video_visibility=”visible”] [row depth=”1″ depth_hover=”3″] [col span=”8″ span__sm=”12″ padding=”20px 20px 20px 20px” bg_color=”rgb(243, 243, 243)”] [ux_text text_color=”rgb(0,0,0)”] Who is not eligible to file ITR 1A person with more than 50 lakhs of income cannot file ITR-1.
A person who is a company director or has stockholding of equity share at any point throughout the financial year is not allowed to file ITR-1.
Non-resident and Residents not ordinarily resident (RNOR) are not allowed to file ITR-1.
People who generate income through below mentioned sources cannot file ITR-1, including
Agriculture revenue surpassing Rs 5000
Taxable capital profit (long term and short term)
Income from more than one real estate property
Income from the lottery, horse race, gambling, and so on
[/ux_text] [/col] [col span=”4″ span__sm=”12″ padding=”15px 15px 15px 15px” bg_color=”rgb(243, 243, 243)”] [ux_text text_color=”rgb(0,0,0)”] Business and ProfessionIndividual claiming relief of foreign tax paid or double taxation relief under section
People who are residents and have property overseas Indian or signatory authority in any account positioned abroad are not eligible for ITR-1.
People who urge rebates in foreign tax payment or dual taxation concession u/s 90/90A/91
[/ux_text] [/col] [/row] [/section] [section label=”Section with arrow” bg_color=”rgb(12, 30, 77)” dark=”true” mask=”arrow” padding=”59px” height=”300px” border=”1px 0px 0px 0px” border_color=”rgb(235, 235, 235)” video_visibility=”visible”] [row] [col span__sm=”12″] [ux_text text_align=”center”]How can you Submit ITR-1 Form online and offline
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Offline mode
Only below described people are allowed to file returns offline or in paper form.
A person with 80 years and above age at any duration throughout the last year
An Individual or HUF whose income is up to Rs 5 lakhs and not more.
A person who has not applied for any refund in the ITR
In offline mode, the return is completed in paper documentation. The Income Tax Department will allot you an acknowledgment number during physical return filing.
[/col] [col span=”6″ span__sm=”12″ text_depth=”2″]Online Mode
Today 90% of work has become online because it is a fast, safe, and trusted method. You can file ITR-1 through the Income-tax portal online and submit the authentication of return in the form of ITR-V to CPC, Bangalore.
You can also file a return online by electronically verifying the ITR-v via Aadhar OTP, EVC, and net banking.
The Income Tax department will send the acknowledgment to our authorized email id if you file ITR-Form online. You also have another option to download the ITR- 1 form from the income tax portal and get it printed in physical form. After that, you need to sign it and handover to the Income-tax department in Bangalore within 2 months of e-filing. Otherwise, you can also re-certify your return.
[/col] [/row] [/section] [section label=”Simple Center” padding=”60px” height=”300px”] [row h_align=”center”] [col span=”10″ span__sm=”12″ align=”center”] [ux_text text_align=”left” text_color=”rgb(0,0,0)”]Documents You Need To Carry Prior To Submitting Your ITR-1 Forms Are:
- PAN card
- form 16: Allotted by all your company owners for the recommended financial year
- Form 26AS: make sure to authenticate the TDS described in Form 16 equivalent to the TDS in Part A of your Form 26AS
- Certificates of the bank investment: All bank account interest information-Fix Deposit certificate or bank passbook.
- Receipts: Provide the details of rebate and deduction, including Section 80C, 80D deductions, HRA allowance, and all that. You can submit these receipts to claim ITR unswervingly.
- Aadhar Number
CS FILING Online Pvt. Ltd. is here to help you
Here, CS FILING Online Pvt Ltd comes as a consultant and best advisors for you to file the ITR-1 form.
We can do it easily because we are aware of legal compliances and norms related to ITR filing.
Our team of veterans like chartered accountants, tax consultants, financial advisors, bookkeepers, cost accounting professionals is continuously in touch with the income tax department; moreover, they have enough experience to handle ITR filing jobs.
Time matters most in filing income tax returns, and we make sure that you never miss a deadline and due date of the ITR filing. In short, we will help our clients to submit ITR on time.
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