Income Tax Return, ITR-1 / Sahaj

Income Tax Return, ITR-1 / Sahaj

Overview

ITR-1 / Sahaj is the simplest income tax return form, meant for resident individuals with total income up to ₹50 lakh, with income from salary or pension, one house property, other sources (including interest), and agricultural income up to ₹5,000.

Simple Pricing With Deliverables

ITR-1 Filing

1,499onwards

  • Computation
  • E-filing
  • Verification assistance

Our Process

For ITR-1

01

Step 1

Share Form 16 & Bank Statements

Send us Form 16 from your employer along with your bank statements.

02

Step 2

Computation Review

We prepare and share the computation for your approval.

03

Step 3

File & Verify

We file your ITR and help you verify it via Aadhaar OTP or EVC.

04

Step 4

Acknowledgement

You receive the ITR-V acknowledgement and refund updates (if any).

Documents & Information Required

For ITR-1

Individual

  • PAN, Aadhaar, bank account number & IFSC
  • Income Tax Department portal credentials
  • Form 16 from employer
  • Bank statements

Property Information

  • Home loan documentation
  • Property tax receipts
  • Address with pin code
  • Rental details (if applicable)

Other Income & Deductions

  • Savings interest, equity / mutual fund dividends, FDR interest, PPF interest
  • Section 80C investments (PPF, insurance, education fees)
  • Section 80D medical coverage
  • NPS contributions and house rent paid

Eligibility

Who can and cannot opt

Who Can

  • Income from pension or salary
  • Single house property (losses from prior years allowed if applicable)
  • Agricultural income not exceeding ₹5,000
  • Maximum total income of ₹50 lakh
  • Income from other sources like lottery winnings

Who Cannot

  • Total income exceeding ₹50 lakh
  • Taxable capital gains
  • Multiple house properties
  • Unlisted equity investments during the financial year
  • NRI or RNOR status
  • Agricultural income over ₹5,000
  • Business or professional income
  • Company director positions
  • Foreign property or asset income

Features

of ITR-1

Simplest Form

ITR-1 is the simplest of all ITR forms, typically completed in a single sitting.

Fast Processing

Income Tax Department processes ITR-1 returns faster than complex returns.

Refunds in Days

Refunds are usually credited within a few weeks if PAN-Aadhaar are linked.

Lowest Fees

Our most affordable filing, perfect for salaried individuals.

Frequently Asked Questions

No. ITR-1 does not allow any taxable capital gains, whether short-term or long-term. The moment you have a single capital gains entry, equity, mutual fund, or property, you have to move to ITR-2. We typically check the AIS and broker statements upfront to make sure the right form is used.

Ready to get started?

Get in touch with our team. We'll walk you through the process, the documents, and the pricing, no obligation.