ITR-1 (Sahaj): AN OVERVIEW
WHAT IS ITR-1 SAHAJ FORM?
ITR-1 commonly known as the Sahaj Form, is a simplified Income Tax Return form in India designed for resident individuals with an annual income of up to ₹50 lakh. It is primarily used by salaried individuals, pensioners, and those with income from a single house property or other sources like interest. This form allows taxpayers to report their income and claim deductions, facilitating a straightforward tax filing process.
WHO CAN FILE ITR-1?
Individuals eligible to file Income Tax Return Form 1 (ITR-1), also known as “Sahaj,” are resident individuals in India with a total income up to ₹50 lakh during the financial year. This form is suitable for those whose income sources include:
- Salary or Pension: Income earned from employment or pension.
- One House Property: Income from a single house property (excluding cases with brought forward or carry forward losses).
- Other Sources: Income such as interest from savings accounts, fixed deposits, and other interest income.
- Agricultural Income: Up to ₹5,000.
WHO CANNOT FILE ITR-1?
Individuals cannot file Income Tax Return Form 1 (ITR-1) if they meet any of the following conditions:
- Total Income Exceeds ₹50 Lakh: If the individual’s total income during the financial year surpasses ₹50 lakh.
- Multiple House Properties: If the individual owns more than one house property.
- Income from Capital Gains: If the individual has taxable capital gains.
- Income from Business or Profession: If the individual earns income from a business or profession.
- Directorship in a Company: If the individual is a director in a company.
- Investment in Unlisted Equity Shares: If the individual has investments in unlisted equity shares.
- Foreign Assets or Income: If the individual owns assets (including financial interests in any entity) outside India or has signing authority in any account located outside India.
- Agricultural Income Exceeding ₹5,000: If the individual’s agricultural income exceeds ₹5,000.
- Income from Lottery, Racehorses, or Other Legal Gambling: If the individual has income from winnings in the lottery, racehorses, or other legal gambling.
- Losses to be Carried Forward: If the individual has losses under the head ‘Income from other sources’ to be carried forward.
Benefits of ITR-1 Filing in India
Filing your Income Tax Return (ITR) is more than just a legal obligation – it comes with several financial and practical benefits.
Below are the key advantages of filing ITR-1 (Sahaj) in India:
- Legal Compliance
- Claiming Tax Refunds
- Proof of Income
- Facilitates Loan Approvals
- Visa Processing
- Carry Forward Losses
- Government Benefits
- Ease of Switching Tax Regimes
- Avoid Penalties
- Financial Planning
Documents Required for Filing ITR-1
To file ITR-1 (Sahaj Form), you need the following documents:
- PAN Card
- Aadhaar Card
- Form 16: Issued by your employer
- Bank Statements: For interest income
- Investment Proofs: For deductions under Section 80C, 80D, etc.
- TDS Certificates: For tax deducted at source
- Rent Receipts: If claiming House Rent Allowance (HRA)
- Form 26AS: Tax Credit Statement
How to File ITR-1 Online
Filing ITR-1 (Sahaj Form) is a straightforward process for individuals with income primarily from salary, one house property, and other sources (excluding lottery income and income from race horses). Here’s a step-by-step guide to help you through the process:
- Gather Documents: PAN, Aadhaar, Form 16, bank statements, investment proofs.
- Register/Login: Visit the Income Tax e-Filing portal and log in.
- Select ITR-1: Choose the ITR-1 form from the available options.
- Fill Personal Details: Enter your personal information.
- Input Income Details: Provide details of salary, house property, and other incomes.
- Claim Deductions: Enter eligible deductions under Sections 80C, 80D, etc.
- Compute Tax: Let the portal compute your tax liability.
- Pay Tax: Pay any due amount online.
- Verify and Submit: Review the form and submit it.
- E-Verify: Complete the e-verification process using Aadhaar OTP, net banking, or by sending a signed ITR-V to CPC Bangalore.
Due Date and Penalty for ITR-1
Due Date for ITR-1 filing:
For the Financial Year 2024-25 (Assessment Year 2025-26), the due dates for filing Income Tax Returns (ITR) are as follows:
- Individuals and Hindu Undivided Families (HUFs): The deadline to file ITR-1 (Sahaj) was July 31, 2025.
- Businesses Requiring Audit: The deadline was extended to November 15, 2025.
- Belated Returns: If you missed the original deadline, you can file a belated return by December 31, 2025.
Please note that these dates are specific to the Assessment Year 2025-26. It’s crucial to adhere to these deadlines to avoid penalties and interest charges.
Penalty for Late ITR-1 Filing:
The penalty for late filing of ITR-1 (Sahaj Form) is as follows:
- Total Income Below ₹5 Lakh: ₹1,000
- Total Income Above ₹5 Lakh: ₹5,000
These penalties are applicable if the return is filed after the due date (July 31, 2025) but on or before December 31, 2025. Filing on time helps avoid these penalties and ensures compliance with tax regulations
Income Tax Slab in India
Understanding income tax slabs is key to effectively managing your tax obligations in India. These slabs are structured to align with the principle of progressive taxation, where higher income leads to higher tax rates. This ensures an equitable distribution of the tax burden across the population.
Categories of Income Taxpayers in India
India’s tax system divides taxpayers into three primary categories based on age:
- Individuals Under 60 Years: Regular working individuals and professionals.
- Senior Citizens (60–80 Years): Enjoy higher exemption limits due to lower earning
potential in retirement. - Super Senior Citizens (Above 80 Years): Further increased exemptions to reduce tax
burdens on the elderly.
Direct Tax System in India
The government introduced the new tax regime alongside the old one to provide taxpayers flexibility:
- Old Regime: Offers various deductions and exemptions.
- New Regime: Simplified but with fewer exemptions.
Old Regime:
| Slabs (Rs.) | Individuals (Age < 60 years) | Resident Senior Citizens(60 to 80 years) | Resident Super Senior Citizens(80 years and above) |
|---|---|---|---|
|
Up to ₹ 2,50,000 |
Nil |
Nil |
Nil |
|
₹ 2,50,001 to ₹ 3,00,000 |
5% |
Nil |
Nil |
|
₹ 3,00,001 to ₹ 5,00,000 |
5% |
5% |
Nil |
|
₹ 5,00,001 to ₹ 10,00,000 |
20% |
20% |
20% |
|
Above 10,00,000 |
30% |
30% |
30% |
New Regime(FY 2024 – 2025):
| Total Income | Rate of Tax(AY 25-26) |
|---|---|
|
Up to ₹ 3,00,000 |
NIL |
|
₹ 3,00,001 to ₹ 7,00,000 |
5% |
|
₹ 7,00,001 to ₹ 10,00,000 |
10% |
|
₹ 10,00,001 to ₹ 12,00,000 |
15% |
|
₹ 12,00,001 to ₹ 15,00,000 |
20% |
|
₹ 15,00,001 and Above |
30% |
Why Choose Filingin for ITR-1 Form Filing in India?
Save on taxes with the help of FilingIn! The professionals at FilingIn assist with all types of income tax return queries and offer step-by-step guidance to ensure you make the best decisions for your financial situation.
Frequently Asked Questions
ITR-1 is a simplified income tax return form for resident individuals earning income from salary, pension, one house property, or other sources like interest, with total income up to ₹50 lakh.
Resident individuals with income from salary, one house property (not under a joint ownership), and other income (excluding lottery winnings or horse race income).
- Non-residents and HUFs (Hindu Undivided Families).
- Individuals earning from business, capital gains, or agriculture exceeding ₹5,000.
- Those with foreign income or assets.
- PAN and Aadhaar.
- Form 16 (if salaried).
- Bank statements.
- Proof of tax-saving investments (e.g., under Section 80C, 80D).
- TDS certificates (Form 16A/16B/16C).
Log in to the Income Tax e-filing portal, select ITR-1, fill in details, verify, and submit.
Yes, if your income exceeds the basic exemption limit (₹2.5 lakh for individuals under 60).
Only for super senior citizens (above 80 years) filing manually.
Generally, July 31 of the assessment year. Extensions may apply.
Late filing attracts penalties up to ₹10,000, and you may lose the option to carry forward losses.
Yes, revisions are allowed until the end of the assessment year.
Refunds are directly credited to the bank account provided in your ITR after processing.
Yes, the choice can be made while filing, but plan accordingly for maximum benefits.
Incorrect filings can lead to notices from the tax department. Use accurate data to avoid penalties.
Yes, deductions under Sections like 80C, 80D, and HRA (if eligible) can be claimed.
It ensures tax compliance, helps in claiming refunds, and is useful for financial documentation like loans.
ITR-1 (Sahaj) Filing
ITR-1 (SAHAJ): An Overview
WHAT IS ITR-1 SAHAJ FORM?
ITR-1 commonly known as the Sahaj Form, is a simplified Income Tax Return form in India designed for resident individuals with an annual income of up to ₹50 lakh. It is primarily used by salaried individuals, pensioners, and those with income from a single house property or other sources like interest. This form allows taxpayers to report their income and claim deductions, facilitating a straightforward tax filing process.
WHO CAN FILE ITR-1?
Individuals eligible to file Income Tax Return Form 1 (ITR-1), also known as “Sahaj” are resident individuals in India with a total income up to ₹50 lakh during the financial year. This form is suitable for those whose income sources include:
- Salary or Pension: Income earned from employment or pension.
- One House Property: Income from a single house property (excluding cases with brought forward or carry forward losses).
- Other Sources: Income such as interest from savings accounts, fixed deposits, and other interest income.
- Agricultural Income: Up to ₹5,000.
WHO CANNOT FILE ITR-1?
Individuals cannot file Income Tax Return Form 1 (ITR-1) if they meet any of the following conditions:
- Total Income Exceeds ₹50 Lakh: If the individual’s total income during the financial year surpasses ₹50 lakh.
- Multiple House Properties: If the individual owns more than one house property.
- Income from Capital Gains: If the individual has taxable capital gains.
- Income from Business or Profession: If the individual earns income from a business or profession.
- Directorship in a Company: If the individual is a director in a company.
- Investment in Unlisted Equity Shares: If the individual has investments in unlisted equity shares.
- Foreign Assets or Income: If the individual owns assets (including financial interests in any entity) outside India or has signing authority in any account located outside India.
- Agricultural Income Exceeding ₹5,000: If the individual’s agricultural income exceeds ₹5,000.
- Income from Lottery, Racehorses, or Other Legal Gambling: If the individual has income from winnings in the lottery, racehorses, or other legal gambling.
- Losses to be Carried Forward: If the individual has losses under the head ‘Income from other sources’ to be carried forward.
Benefits of ITR-1 Filing in India
Filing your Income Tax Return (ITR) is more than just a legal obligation—it comes with several financial and practical benefits.
Below are the key advantages of filing ITR-1 (Sahaj) in India:
- Legal Compliance
- Claiming Tax Refunds
- Proof of Income
- Facilitates Loan Approvals
- Visa Processing
- Carry Forward Losses
- Government Benefits
- Ease of Switching Tax Regimes
- Avoid Penalties
- Financial Planning
Documents Required
To file ITR-1 (Sahaj Form), you need the following documents:
- PAN Card
- Aadhaar Card
- Form 16: Issued by your employer
- Bank Statements: For interest income
- Investment Proofs: For deductions under Section 80C, 80D, etc.
- TDS Certificates: For tax deducted at source
- Rent Receipts: If claiming House Rent Allowance (HRA)
- Form 26AS: Tax Credit Statement
Online Process of Filing ITR-1
Filing ITR-1 (Sahaj Form) is a straightforward process for individuals with income primarily from salary, one house property, and other sources (excluding lottery income and income from race horses). Here’s a step-by-step guide to help you through the process:
- Gather Documents: PAN, Aadhaar, Form 16, bank statements, investment proofs.
- Register/Login: Visit the Income Tax e-Filing portal and log in.
- Select ITR-1: Choose the ITR-1 form from the available options.
- Fill Personal Details: Enter your personal information.
- Input Income Details: Provide details of salary, house property, and other incomes.
- Claim Deductions: Enter eligible deductions under Sections 80C, 80D, etc.
- Compute Tax: Let the portal compute your tax liability.
- Pay Tax: Pay any due amount online.
- Verify and Submit: Review the form and submit it.
- E-Verify: Complete the e-verification process using Aadhaar OTP, net banking, or by sending a signed ITR-V to CPC Bangalore.
Due Date and Penalty for ITR-1
Due Date for ITR-1 filing:
For the Financial Year 2024-25 (Assessment Year 2025-26), the due dates for filing Income Tax Returns (ITR) are as follows:
- Individuals and Hindu Undivided Families (HUFs): The deadline to file ITR-1 (Sahaj) was July 31, 2024.
- Businesses Requiring Audit: The deadline was extended to November 15, 2024.
- Belated Returns: If you missed the original deadline, you can file a belated return by December 31, 2024.
Please note that these dates are specific to the Assessment Year 2024-25. It’s crucial to adhere to these deadlines to avoid penalties and interest charges.
Penalty for Late ITR-1 Filing:
The penalty for late filing of ITR-1 (Sahaj Form) is as follows:
- Total Income Below ₹5 Lakh: ₹1,000
- Total Income Above ₹5 Lakh: ₹5,000
Income Tax Slab
Understanding income tax slabs is key to effectively managing your tax obligations in India. These slabs are structured to align with the principle of progressive taxation, where higher income leads to higher tax rates. This ensures an equitable distribution of the tax burden across the population.
Categories of Income Taxpayers in India
India’s tax system divides taxpayers into three primary categories based on age:
- Individuals Under 60 Years: Regular working individuals and professionals.
- Senior Citizens (60–80 Years): Enjoy higher exemption limits due to lower earning potential in retirement.
- Super Senior Citizens (Above 80 Years): Further increased exemptions to reduce tax
Direct Tax System in India
The government introduced the new tax regime alongside the old one to provide taxpayers flexibility:
- Old Regime: Offers various deductions and exemptions.
- New Regime: Simplified but with fewer exemptions.
Old Regime:
| Slabs (Rs.) | Individuals (Age < 60 years) | Resident Senior Citizens(60 to 80 years) | Resident Super Senior Citizens(80 years and above) |
|---|---|---|---|
|
Up to ₹ 2,50,000 |
Nil |
Nil |
Nil |
|
₹ 2,50,001 to ₹ 3,00,000 |
5% |
Nil |
Nil |
|
₹ 3,00,001 to ₹ 5,00,000 |
5% |
5% |
Nil |
|
₹ 5,00,001 to ₹ 10,00,000 |
20% |
20% |
20% |
|
Above 10,00,000 |
30% |
30% |
30% |
New Regime(FY 2024 – 2025):
| Total Income | Rate of Tax(AY 25-26) |
|---|---|
|
Up to ₹ 3,00,000 |
NIL |
|
₹ 3,00,001 to ₹ 7,00,000 |
5% |
|
₹ 7,00,001 to ₹ 10,00,000 |
10% |
|
₹ 10,00,001 to ₹ 12,00,000 |
15% |
|
₹ 12,00,001 to ₹ 15,00,000 |
20% |
|
₹ 15,00,001 and Above |
30% |
Why Choose FilingIn for ITR-1 Form Filing?
Save on taxes with the help of FilingIn! The professionals at FilingIn assist with all types of income tax return queries and offer step-by-step guidance to ensure you make the best decisions for your financial situation.
Frequently Asked Questions
ITR-1 is a simplified income tax return form for resident individuals earning income from salary, pension, one house property, or other sources like interest, with total income up to ₹50 lakh.
Resident individuals with income from salary, one house property (not under a joint ownership), and other income (excluding lottery winnings or horse race income).
- Non-residents and HUFs (Hindu Undivided Families).
- Individuals earning from business, capital gains, or agriculture exceeding ₹5,000.
- Those with foreign income or assets.
- PAN and Aadhaar.
- Form 16 (if salaried).
- Bank statements.
- Proof of tax-saving investments (e.g., under Section 80C, 80D).
- TDS certificates (Form 16A/16B/16C).
Log in to the Income Tax e-filing portal, select ITR-1, fill in details, verify, and submit.
Yes, if your income exceeds the basic exemption limit (₹2.5 lakh for individuals under 60).
Only for super senior citizens (above 80 years) filing manually.
Generally, July 31 of the assessment year. Extensions may apply.
Late filing attracts penalties up to ₹10,000, and you may lose the option to carry forward losses.
Yes, revisions are allowed until the end of the assessment year.
Refunds are directly credited to the bank account provided in your ITR after processing.
Yes, the choice can be made while filing, but plan accordingly for maximum benefits.
Incorrect filings can lead to notices from the tax department. Use accurate data to avoid penalties.
Yes, deductions under Sections like 80C, 80D, and HRA (if eligible) can be claimed.
It ensures tax compliance, helps in claiming refunds, and is useful for financial documentation like loans.
Our Customer Reviews For ITR-1 Return filing
