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INCOME TAX RETURN 1 (SAHAJ FORM ITR 1)

INCOME TAX RETURN 1 (SAHAJ FORM ITR 1)

by Vyapari Mitra · Meerut Professional
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Product description

INCOME TAX RETURN-1 (SAHAJ FORM ITR 1)

WHO IS ELIGIBLE TO FILE ITR 1.

ITR -1  Form is a simplified one-page form for individuals having income up to Rs 50 lakh.

  • Income from Salary/Pension
  • Income from One House Property
  • Income from Other Sources

DESCRIPTION

WHO IS ELIGIBLE TO FILE ITR 1.

ITR -1  Form is a simplified one-page form for individuals having income up to Rs 50 lakh.

  • Income from Salary/Pension
  • Income from One House Property
  • Income from Other Sources

WHO IS NOT ELIGIBLE TO FILE THE ITR-1 RETURN.

Individuals who are not eligible to fill the ITR-1 (SAHAJ) form:

  • more than one House Property
  • Lottery, Race horses, Legal Gambling etc.
  • capital gains
  • agricultural income exceeding Rs. 5,000
  • Business and Profession Income
  • Individual who is a Resident and has
    • assets (including financial interest in any entity) outside India or
    • signing authority in any account located outside India.

HOW DO I FILL OUT THE ITR-1 FORM?

Documents which you should keep before filling your ITR-1 form:

  • Form 16s: Issued by all your employers.
  • Form 26AS
  • Receipts
  • PAN card
  • investment certificates: Interest from bank account details – bank passbook or FD certificate

About Vyapari Mitra

Vyapari Mitra started with the aim of simplifying Business Legal and IT needs that doing business in India should become easier. To accomplish our motto we are continuous working and develop the largest business services platform in the India with a range of business services from Getting Business Idea, Setting up with great efforts and brought a successful entity. By making it smooth we allow to do business, we hope to unleash Entrepreneurship and help small as well as medium businesses compete effectively. TradMate has been founded by an experienced team of CAs and Management Consultants.

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Shivam Complex

Hapur Road Opp Eves Petrol Pump

Meerut - 250001

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