The income tax department has segregated assessees into different groups based on the source and estimation of income. This helps the taxpayers to select the relevant Income Tax Return form. In this article, you will find the details about the ITR-1 SAHAJ form.
Learn about the other ITR forms here:
ITR-1 ITR-2 ITR-3 ITR-4 ITR-5
Note: The due date to file ITR-1 for the AY 2020-21 (FY 2019-20) is extended to 30 November 2020 for all taxpayers.
|Who is Eligible to File ITR-1 SAHAJ Form?|
|Who is not eligible to file ITR-1 SAHAJ FORM?|
|Documents required for filing ITR-1 SAHAJ Form|
|Format of ITR 1 SAHAJ Form (Offline)|
|Penalty for not filing Income Tax returns in time|
|Significant Changes in ITR 1 (AY 2020-21)|
|Ways of Filing ITR-1 SAHAJ Form|
|Offline filing of ITR 1 SAHAJ Form (See format above)|
|Online filing if ITR-1 SAHAJ Form|
ITR-1 SAHAJ is for those assessees who have income up to INR 50 lakhs. Here, the assessee needs to be an:
Note: If there is a loss brought forward from the previous years or is to be carried forward to the next years, this ITR cannot be filed.
Note: If the assessee chooses to add his/her spouse’s/child’s income to his/her income while filing the ITR 1, the same should be within the purview of the points mentioned above.
The below-mentioned individuals cannot file ITR-1 SAHAJ FORM:
The list of documents that are helpful while filing ITR-1 SAHAJ Form are:
The notified format of ITR 1 Sahaj Form download for AY 2020-21 can be downloaded here. This has seven parts that need to be filled (as applicable). PART A: General Information PART B: Gross Total Income PART C: Deductions and Taxable Total Income PART D: Computation of Tax Payable PART E: Other Information Schedule IT: Detail of Advance Tax and Self-Assessment Tax payments Schedule TDS: Detail of TDS/TCS Verification
If an assessee misses the ITR due-date to file the returns, he/she needs to pay up to INR 10,000 as a penalty as per the revised rules u/s 234F of Income Tax act (effective since 1 April 2017). However, in case if the income is less than INR 5 lakhs then he/she has to pay a penalty of INR 1,000.
|Late Fee Details|
|Filing Date in the relevant AY||Total Taxable Income Below INR 5,00,000||Total Taxable Income Above INR 5,00,000|
|31st July||INR 0||INR 0|
|Between 1st August to 31st December||INR 1,000||INR 5,000|
|Between 1st January to 31st March||INR 1,000||INR 10,000|
a. Making cash deposits above INR 1 crores or
b. Incurring expenses above INR 2 lakhs on foreign travel or
c. Incurring expenditure above INR 1 lakhs on electricity should enter the relevant details in the ITR-1.
There are two ways of filing ITR-1 SAHAJ Form
Only the following assesses can file the ITR 1 offline.
Note: Income Tax Department issues an acknowledgement slip when the ITR is submitted at the designated office.
All eligible assessees (except the ones’ mentioned above), should mandatorily file their ITR 1 electronically. Note: When the ITR-1 SAHAJ Form is filed ITR 1 online form (how to file ITR 1 online ), the acknowledgement is received via email to the registered email ID. The password to open the Acknowledgement will be the combination of PAN (in lowercase) and the date of birth of the assessee in DDMMYYYY format.