If there is more than one employer during the year then give the total salary received from all the employers. Gross total Income: In this section, you have to fill in details of income from salary/pension as mentioned in TDS certificate issued by your employer. General Information: Here you need to fill your personal details i.e., name, sex, age, residential status, address etc. How to fill ITR-1? (Details to be shown in ITR-1) Part A This can be done only if their income is also limited to the above specifications. In case of clubbed Income Tax Returns from a spouse or a minor.(Income from horse racing and winning of a lottery is not considered.) Income from other sources such as interest from fixed deposits, NSC interest, spousal pension etc.The income from one house property (excluding the cases where loss has been brought forward from the previous years).This income can be from the following sources: ITR1 is applicable for individuals / HUF with an income up to Rs. The ITR form also asks you to provide details of the value of perquisites, non-exempt allowances, interest paid on borrowed capital among other details. In this, you have to give a detailed break-up of your income from salary and house property (if applicable). ITR1, also known as Sahaj, is applicable for individuals or HUF (Hindu Undivided Family) with an income up to Rs. In order to simplify the return filing process, the income tax department has categorized taxpayers into many groups based on income and its source.
For audit cases, the last due date is 15th February 2021. The last date of income tax return filing for FY 2019-20 (AY 2020-21) is extended to 10th January 2021. We will cover the following in this post: In this post, we will be discussing about ITR-1.
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