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This guide by H&R Block answers all your questions about ITR 1 Form. Be it what is ITR1 Form, who can file it and how to file it? We also discuss about the latest changes made in the ITR Form for AY 2017-18. Click here to read more.

ITR 1 Sahaj Form for Income Tax Filing

Last Update Date : June 22, 2018

ITR Form | Sahaj Form for Individual Tax Filing

The government collects taxes from a different category of people based on their income, profession and business. While you file your IT Returns it is always recommended that you check if you are eligible for filing a particular ITR form.

In this guide, we will be discussing about the ITR 1 form or Sahaj form, another name for this form, eligibility for filing this form and the complete process of filing this form.

What is ITR 1?

ITR-1 or Sahaj form is the simplest one-page form which should be filed by individuals having an income up to Rs 50 lakhs. This income can be from the following sources:

  • Income from salary or pension
  • Income from one house property (except the cases where loss has been brought forward from the previous years)
  • Income from other sources (except income from race horses and amount received on winning a lottery)

Who is not eligible to file ITR 1?

If you have income above Rs 50 lakhs, then you cannot file ITR-1. The form will not find applicability if, your income includes the following:

  • Income from more than one house property; or
  • Income from winnings from lottery or income from race horses; or
  • Dividend income taxable under section 115BBDA; or
  • Income of the nature referred to in section 115BBE; or
  • Income under the head ‘Capital Gains’ e.g., short-term capital gains or long-term capital gains from sale of house, plot, shares etc.; or
  • Agricultural income exceeding Rs 5,000; or
  • Income from Business or Profession; or
  • Loss under the head ‘Income from other sources’; or
  • Any resident having any asset (including financial interest in any entity) located outside India or signing authority in any account located outside India; or
  • Person claiming relief under section 90 and/or 91; or
  • Any resident having income from any source outside India.

[ Read: Which ITR to File ]

Income Tax e-filing by experts

How to Fill ITR 1 Form?

How to fill ITR 1 Sahaj Sample

Click the above image to download the sample ITR-1 Form for AY 2018-19

 

The simplified structure of ITR-1 form includes the following sections:

Part A – General Information

In this section you are required to fill your personal details like name, sex, age, residential status, address, contact number, etc.

how to fill income details in itr-1

 

Part B – Gross Total Income

Here you can fill in details of income from salary / pension as mentioned in Form 16 or TDS certificate issued by your employer. If there was more than one employer during the year then give the details in respect of total salaries received from various employers. If you have any interest income or rental income or loss (on account of housing loan interest) from a single house property then you can fill it here. In case of loss, use ITR 2.

ITR1 Sahaj Form Filing - Part B

 

Part C – Deductions and taxable total income

In this part one needs to fill all the relevant details of your tax saving investment or expenses eligible for tax deductions and total taxable income after calculation.

Form ITR 1 - Section C

 

Part D – Computation of Tax Payable

You have to now club Advance tax, Self-assessment Tax, TDS, TCS under ‘Total Tax Paid’. You also need to enter details of all exempt income, e.g., dividend income, agricultural income, etc.

Part D of ITR 1 Form

Calculate Your Income Tax Liability

Part E – Other Information

Here, you are required to give the details of all the savings and current accounts held by you at any time during the previous year (excluding dormant accounts not operational for more than 3 years). You have to submit the details of cash deposited in any account other than the current and savings account (viz. loan accounts, etc). However, details of cash deposited are to be provided, if the aggregate amount of cash deposited during the period from 9th November, 2016 to 30th December, 2016 is Rs 2 lakhs or more.

Part E of ITR Sahaj Form - Other Information

 

Schedule IT – Details of Advance tax and Self-assessment Tax payments

If you have paid any advance tax or some self-assessment tax then enter the details viz. BSR code of the bank through which the payment was made, date of payment, serial number of the challan and amount of the taxes paid against that challan.

Provide Details of Advance Tax and Self-Assessment Tax Payment

Schedule TDS – Details of TDS/TCS

You have to give the details as per Form 16 issued by the employer / employers in respect of salary income. You have to mention the details as per Form 16A issued by a person in respect of interest income and other sources of income. Also, furnish the details of TCS as per Form 27D issued by the tax collector.

Provide details of TDS/TCS

 

Verification

In the verification section, you have to fill the date and sign in the space given. The Income Tax Department will not accept your return if there is no valid signature.

Verification Details of ITR 1 Sahaj Form

Annexure-less Return Form

You must not attach any document (including TDS certificate) to this return form. If you enclose such documents with this return form, then it will be detached and returned to you.

How to file ITR 1 form?

Offline/physical form:

People, who are over 80 years of age or individual and HUF with total income less than Rs 5 lakhs and no claim of refund in the return of income, have the option to file a tax return in paper form. Only one copy of the return form is required to be filed. You will receive an acknowledgement from the Income Tax Department after submission of your physical paper return; after that acknowledgement/ITR-V should be duly filled.

e-Filing ITR 1 Form with H&R Block

H&R Block India is a world leader in providing effective tax solutions for the most severe tax woes. Our highly qualified tax experts will file your ITR-1 form with ease, making sure that you save maximum taxes and don’t face problem claiming refunds, if any.

e-File your tax returns with ease and convenience with H&R Block

Instructions for filing ITR 1 Form on Income Tax Department Website

  • Step 1: Login to the ITD websiteStep 1 of Filing ITR 1 Online
  • Step 2: Select ‘e-File’ and then select ‘Income Tax Return’ from the drop-down list.
    Step 2 of Filing ITR-1 Online
  • Step 3: Choose the Assessment year from the drop-down list;
    Select ITR-1 from the drop-down list for ‘ITR Form Name’ field;
    Select the ‘Prepare and submit online’ option
    Step 3 of Filing ITR1 Online
  • After you click on ‘Continue’ you will be given the following choices. Select the preferred option and click ‘Continue’ again
    Step 3(1) Of Filing ITR 1 Online
  • Step 4: You will be redirected to the actual ITR-1 form with
    • Instructions
    • Part A General Information
    • Income Details
    • Tax Details
    • Taxes Paid and Verification
    • 80G
  • Step 5: Start filling out all the details on the ITR-1 Form
  • Step 6: Click on Preview and Submit if you have correctly input all the details in your ITR-1 Form or Save as Draft if you want to cross check it and add something later.

[ After Filing ITR-1: Read how to send your ITR-V to CPC Banglore ]

Changes made in the ITR 1 AY 2018-19

Changes in ITR-1 Details
More details of salary and house property income Old ITR form required the taxpayers to report only the taxable amount but the new ITR forms require you to report detailed calculation of income from salary and house property.
Penalty for late filing of ITR A new field has been added where the late filers need to provide the details of late filing fees paid.
Claiming relief under DTAA The form now asks the taxpayer claiming relief as per DTAA to report more details like rate as per treaty, rate as per I-T Act and applicable rate etc.
Claiming exemption on capital gains The taxpayers now need to provide more details in the form if they are claiming capital gains exemption.

All these changes have been made by the tax department in the ITR form are aimed at making the assessment procedure online. Therefore, we can see that the department is seeking more and more information from the taxpayers to facilitate e-assessment.

Changes made in the ITR 1 AY 2017-18

 

Changes in ITR-1 Details
Mandatory Quoting of Aadhaar Number As per section 139AA, taxpayers must quote Adhaar number or Adhaar enrolment number while filing ITR
Disclosure of cash deposited during demonetization If you have deposited Rs 2 lakhs or more then, you need to report cash deposited by you in all the bank accounts during the period from 9th November, 2016 to 30th December, 2016
Disclosure of all bank accounts Details of all savings and current accounts except dormant (not operational for more than 3 years) accounts
Simplified one-page ITR Sahaj (Form 1) for salaried class 1. The govt. has removed columns that are not used frequently by taxpayers.

2. But, retained deductions column often used by taxpayers under section 80C, 80D, 80G and 80TTA. To claim deduction under another provision of chapter VI-A, you can mention that section in the column titled as ‘Any Other’.

3. Schedules of TDS and TCS have been merged in one.

4. Addition of a new column to report dividend income as well as long-term capital gains exempt under Section 10(34) and Section 10(38) respectively.

Frequently Asked Questions

What documents should I attach with ITR-1?

Since ITR 1 is an annexure less form, you are not required to attach any document with your Income Tax Return.

How do I report bank account details in the ITR-1 form?

You must declare the details of all the savings and current accounts that you hold at any time during the previous financial year under ‘Part E – other information sector’ of the ITR form. The account numbers that you mention should be as per the Core Banking Solution System or CBS. In case of refund, you will have to specify which account you want to use.

However, declaring the details of dormant account, accounts which are not operational for more than 3 years, are optional.

Should I mention the dividend income received from Mutual Funds?

Yes, you will have to mention your dividend income received from Mutual Funds before ‘Part E – other information’ under the Exempt Income (others) head. It has to be declared under that head since the dividend income from Mutual Funds is exempt from tax under Section 10(35).

Can I file ITR-1 form with exempt agricultural income?

In case your annual agricultural income is less than or equal to Rs 5,000, you can file ITR-1 Sahaj form. If your agricultural income is more than Rs 5,000, you are required to file ITR-2.

Can I use my mobile number and email ID for filing my relative’s tax returns?

The Income Tax Department has put a limit where only 10 assessees can be registered using one mobile number and one email ID.

e-File your tax returns with ease and convenience with H&R Block
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