Income Tax

Its easy to file Income Tax Return in Form No. ITR-1 SAHAJ. Taxpayers advised not to wait till 31st July

Its easy to file Income Tax Return in Form No. ITR-1 SAHAJ. Income Tax Department asks taxpayers not to wait till 31st July to file their return of income.

Its easy to file Income Tax Return in Form No. 1 SAHAJ

Income Tax Department has issued an advisory promoting Income Tax Return SAHAJ and advised taxpayers not to wait till 31st July to file their return of income.

Persons who can file ITR in SAHAJ?

  • lndividuals having Income upto Rs. 50 lolchs from salary/single house property/other income (interest etc.) can file income tax return on one page ITR Form No.1 SAHAJ quickly and easily by following these simple steps ……

(i) Log on to your e·filing account on www.incometaxindiaefiling.gov.in

(ii) Select ITR-1 and fill in the requisite details

(iii) Calculate tax automatically online

(iv) Pay balance tax payment (if any) 

(v) Upload end verify online

  • Only the following persons have the option to file return in paper form:

(i) An Individual of the gae of 80 years or more at any time during the previous year.

(ii) An Individual or HUF whose income does not exceed Rs. 5 lakhs and who has not claimed any refund in the return of income.

Share

Recent Posts

  • FCRA

FCRA specifies list of 105 purposes to be selected for which registration is applied

FCRA specifies list of purposes to be selected for which registration is applied.  The Ministry of Home Affairs has notified…

23 hours ago
  • Income Tax

Withholding tax u/s 40(a)(i) not required on cost-to-cost reimbursement made to parent company

Assessee was not liable to withhold tax at source u/s 40(a)(i) on cost-to-cost reimbursement made to parent company In a…

23 hours ago
  • Government

Temporarily blocking public access to Telegram App not disproportionate – Delhi High Court

Temporarily blocking public access to Telegram App under section 69A of IT Act 2000 is not disproportionate - Delhi HC…

4 days ago
  • Income Tax

High Court explains the meaning of term ‘enterprise’ appearing in section 80IA

High Court explains the meaning of term ‘enterprise’ appearing in section 80IA to means a project or an undertaking owned…

4 days ago
  • Income Tax

Addition deleted as assessee was only a carrier of cash not owner who came up to own it

Addition deleted as assessee was only a carrier of cash and the real owner had come forward owning the cash…

6 days ago
  • RTI

Lokayukta Police not exempt from disclosure of information under RTI Act 2005 – SC

Lokayukta Police not an ‘intelligence and security’ organisation  and hence not exempt from disclosure of information under RTI Act 2005…

1 week ago