sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax

Check Your Booth
Details (North)

News Search:
Latest Expert Exchange
Direct Tax »
 Income Tax payers alert! ITR filing process set to witness unprecedented change – What CBDT chairman has confirmed
 ITR forms will soon be pre-filled for you: CBDT’s Sushil Chandra
 I-T dept working on pre-filled income tax return forms, says CBDT chief Sushil Chandra
 Big changes coming, will tax rates be cutIncome tax return
 Notification No. 78/2018 - Customs Central Board Of Indirect Taxes And Customs
 CBDT allows taxman to widen certain 'limited scrutiny' cases
 New direct tax code won’t change income tax slabs, rates
 If tax is paid offline by physical challan, bank can make certain corrections
 Govt moves to redraft direct tax laws to modernize income tax
 Panel to overhaul, simplify Direct Tax laws to submit report by Feb 28
 CBDT task force for drafting new direct tax law reconstituted

All You Want To Know About Income Tax Return Form 1 Sahaj
July, 06th 2018

The income tax authority has made it easy for taxpayers to file income tax returns as it has categorised taxpayers into different groups.

July 31 is the last day to file income tax returns for assessment year 2018-19.

July 31 is the last day to file income tax returns for assessment year 2018-19. To avoid last minute rush, it is better to file your income tax return (ITR) well ahead of the July 31 deadline. In fact, the income tax authorities have made it easy for assessees to file the income tax return. The Income Tax Department has categorised taxpayers into different groups on the basis of their income and its source. So if your income is up to Rs. 50 lakh from salary or pension, from one house property or other sources, you need to file Form no 1 Sahaj.
Here's everything you need to know when filing income tax returns in Form 1 Sahaj:

Who can file income tax returns via Form 1 Sahaj?
Individuals having income up to Rs. 50 lakh from salary, single house property or other income (interest etc.) can file income tax returns on one page quickly and easily, using ITR Form No 1 Sahaj.

How to file Form No 1 Sahaj for income tax returns
1. Log into your account on the taxman's e-filing website incometaxindiaefiling.gov.in.
2. Select ITR-1 and fill in the requisite details.
3. Calculate income tax automatically online.
4. Pay balance tax payment (if any) online.
5. Upload and verify online.

Who can file income tax returns in paper form?
An individual of the age of 80 years or more at any time during the previous year, or an individual or Hindu undivided family (HUF) whose income does not exceed Rs. 5 lakh and who has not claimed any refund in the return of income can file file the income tax return using a paper form.

Income tax returns cannot be filed without a PAN (permanent account number) card. People who do not have a PAN card can avail an instant e-PAN card. The deadline to link Aadhaar card number with PAN card was recently extended till March 31, 2019.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Desktop Application Development Outsourcing Desktop Application Development Offshore Desk

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions