File Your Individual Income Tax Return withForm ITR-1
ITR-1 is intended for eligible resident individuals earning income from salary or pension, one residential house property, and other sources such as interest.
The supplied content states that individuals with total income up to ₹50 lakhs and agricultural income up to ₹5,000 may use ITR-1, subject to the applicable filing conditions.
Salary or Pension
Eligible resident individuals with income from salary or pension may use ITR-1, subject to the applicable conditions.
One House Property
ITR-1 may be used where income arises from one residential house property, subject to the applicable restrictions.
Other Sources
Income from other sources, such as interest income, may be reported through ITR-1 when the eligibility conditions are satisfied.
Agricultural Income
The supplied content states that agricultural income up to ₹5,000 may be included while using ITR-1.
ITR-1 Filing Support
Income review, tax computation, return preparation, filing, and e-verification assistance.
Simple Tax Filing forEligible Resident Individuals
Form ITR-1 is designed for individuals with straightforward income sources such as salary, pension, one house property, and eligible income from other sources.
Interest income from savings accounts, fixed deposits, and similar sources may be reported under income from other sources, subject to the applicable ITR-1 eligibility conditions.
Income Limits
The supplied content states that individuals with income above ₹50 lakhs cannot use ITR-1. It also states that individuals with taxable income above ₹2.5 lakhs must file an income tax return each year.
Common Income Sources forForm ITR-1
ITR-1 may be used for eligible income from salary, pension, one house property, and specified other sources.
Salary Income
Income received from employment, including salary, allowances, and taxable employment benefits.
Pension Income
Pension received by an eligible individual may be included under the salary-income category.
House Property Income
Income or eligible loss from one residential house property may be considered under ITR-1.
Interest and Other Income
Savings interest, deposit interest, and other eligible income sources may be included.
ITR-1 Eligibility andIncome Conditions
Eligibility depends on the taxpayer's residential status, total income, income sources, house-property income, and agricultural income.
Income from Salary or Pension
Resident individuals earning income from salary, pension, or both may be eligible to file Form ITR-1.
Income from One House Property
Income from one residential house property may be reported in ITR-1, subject to the form's applicable conditions.
Income from Other Sources
Income from other sources, including interest from savings accounts, deposits, or similar sources, may be reported.
Agricultural Income up to ₹5,000
The supplied content states that individuals with agricultural income up to ₹5,000 may use ITR-1.
Total Income Limit
The supplied content states that an individual with total income above ₹50 lakhs cannot use this form.
Annual Filing Requirement
The supplied content states that individuals with taxable income above ₹2.5 lakhs are required to file an income tax return each year.
Total Income up to₹50 Lakhs
According to the supplied content, ITR-1 may be used by eligible resident individuals with total income up to ₹50 lakhs. Individuals with income above ₹50 lakhs cannot use this form.
From Income Review toReturn Verification
The filing process covers document collection, eligibility review, tax verification, income computation, return preparation, filing, and e-verification.
Collect Income Documents
Collect salary slips, Form 16, pension statements, bank interest certificates, house-property details, and agricultural income information.
Review Form Eligibility
Confirm that the taxpayer is eligible to use ITR-1 based on residential status, income sources, total income, and other restrictions.
Verify Tax Information
Review Form 26AS, Annual Information Statement, Taxpayer Information Summary, and available TDS details.
Calculate Taxable Income
Compute income from salary or pension, one house property, other sources, and eligible deductions.
Prepare ITR-1
Enter the taxpayer's personal, income, deduction, tax-payment, refund, and bank-account details in Form ITR-1.
File and Verify the Return
Submit the income tax return and complete e-verification using the available verification method.
Choose a Plan Based onSalary Income
Select an individual income tax return filing package based on your salary-income range and return-preparation needs.
Basic
₹ 1,900
all inclusive fees
Salary income of less than ₹5 lakhs
- ✓Individual Income Tax Return Filing
- ✓Salary Income Review
- ✓Form 16 Review
- ✓Basic Tax Computation
- ✓ITR-1 Preparation
- ✓Return Filing and E-Verification Support
Eco
₹ 3,250
all inclusive fees
Salary income of less than ₹10 lakhs
- ✓Individual Income Tax Return Filing
- ✓Salary and Pension Income Review
- ✓Form 16 and TDS Review
- ✓Interest Income Review
- ✓Tax Computation
- ✓ITR-1 Preparation
- ✓Return Filing and E-Verification Support
Pro
₹ 4,900
all inclusive fees
Salary income of more than ₹10 lakhs
- ✓Individual Income Tax Return Filing
- ✓Detailed Salary Income Review
- ✓Form 16 and TDS Reconciliation
- ✓House Property and Other Income Review
- ✓Deduction Review
- ✓Detailed Tax Computation
- ✓ITR-1 Preparation
- ✓Return Filing and E-Verification Support
- ✓The supplied content states that eligible resident individuals with total income up to ₹50 lakhs may use ITR-1 for salary or pension, one house property, other sources, and agricultural income up to ₹5,000.
- ✓Individuals with total income above ₹50 lakhs cannot use ITR-1 according to the supplied content.
- ✓The supplied content states that individuals with taxable income above ₹2.5 lakhs are required to file an income tax return each year.
- ✓Current income thresholds, mandatory filing rules, residential-status conditions, and ITR-1 eligibility should be checked for the relevant assessment year.
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