ITR-1 Return Filing
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ITR-1 Return Filing 1
What is ITR-1 Return Filing 1?
ITR 1 (also called the Sahaj Form) is for taxpayers who earned less than Rs 50 lakh in the previous fiscal year. The IRS divides taxpayers into categories based on their overall income and type of income. As a result, you must determine the applicability before submitting ITR 1. We discussed applicability and non-applicability in this part. Let us discuss how to file Form ITR 1 online and offline.
The Union Budget for 2021 proposes that senior citizens be exempted from filing Form ITR 1. Pension and interest income are the only sources of income for such senior citizen taxpayers.
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