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[II 3(i)] : 222MINISTRY OF FINANCE (Department Of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 10th February 2023 G.S.R 91(E). In exercise of the powers conferred by section
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How to fill out form itr-1 sahaj ay

01
Gather all necessary documents like PAN card, Aadhaar card, Form 16, bank statements, investment details, etc.
02
Download the ITR-1 Sahaj form from the official Income Tax e-filing website.
03
Fill in personal details like name, address, PAN number, Aadhaar number, etc.
04
Provide details of income such as salary, house property, interest income, etc.
05
Calculate the total income and tax liability based on the information provided.
06
Verify the form for accuracy and completeness before submitting it online or printing and sending it physically.

Who needs form itr-1 sahaj ay?

01
Individual taxpayers who have income from salaries, one house property, other sources like interest income, etc.
02
Taxpayers who are eligible for deductions under section 80C, 80D, 80G, etc.
03
Those who want to file their tax returns online using the ITR-1 Sahaj form.
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Form ITR-1 Sahaj is a form used by individuals who have income from salary, one house property, other sources (excluding winning from lottery and income from race horses) and total income does not exceed Rs 50 lakhs.
Individuals who meet the criteria mentioned above are required to file Form ITR-1 Sahaj.
Form ITR-1 Sahaj can be filled out online on the official income tax portal or offline by downloading the form and filling it manually.
The purpose of Form ITR-1 Sahaj is to report income from salary, house property, and other sources, and to calculate the tax liability of individuals whose income does not exceed Rs 50 lakhs.
Information such as income from salary, details of house property, income from other sources, deductions claimed, and taxes paid must be reported on Form ITR-1 Sahaj.
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