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
Latest Expert Exchange
« Direct Tax »
 Filing income tax returns? You need to disclose these assets to the taxman
 Here's why you should not delay filing your income tax returns
 Six changes in ITR 1 form that you must know ITR 2018-19
 Here are top 5 ways to save money, and you won’t even feel the pinch
 Why checking Form 26AS is necessary Income tax return (ITR) filing
 Central Board of Direct Taxes signs three more unilateral Advance Pricing Agreements with taxpayers
 5 different ways to e-verify Income Tax Return
 CBDT warns Income Tax Department (ITD) over "high-pitched" assessments against taxpayers
 A step by step guide on how to pay due income tax ITR 2018-19
 How to claim HRA exemption at the time of filing income tax returns
 All You Want To Know About Income Tax Return Form 1 Sahaj
 How to save income tax through your family members? What you must know
 Do you need to file income tax return (ITR) if TDS is paid?
 Income Tax Return filing for AY 2018-19: How to file ITR for self employed in India
 

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