ITR-1 Return Filing — Sahaj Form for Salaried Individuals in Pune
Professional ITR-1 Sahaj filing for salaried employees, pensioners, and eligible resident taxpayers — AIS reconciliation, deduction optimisation, and e-verification
What Is ITR-1 (Sahaj)?
ITR-1, also known as Sahaj, is the simplest income tax return form in India — designed for resident individuals with straightforward income profiles. Sahaj is the most widely used ITR form in the country, applicable to salaried employees, pensioners, and individuals with income from one house property and other sources such as bank interest and dividends — provided total income does not exceed ₹50 lakh and the taxpayer is a resident individual.
At N D Savla & Associates, we provide professional ITR-1 return filing services for salaried individuals, pensioners, and other eligible taxpayers in Pune and across India. Our team ensures your ITR-1 is filed accurately — with complete AIS reconciliation, optimal deduction claims under both old and new tax regimes, and timely e-verification. We handle everything from document collection through portal submission and e-verification.
For taxpayers who are not eligible for ITR-1 — due to capital gains, foreign income, or income above ₹50 lakh — see our ITR-2 return filing services. For those with business income, see ITR-3 filing or ITR-4 presumptive taxation services.
Who Can File ITR-1 (Sahaj)?
ITR-1 is applicable for Resident individuals — it cannot be used by NRIs, HUFs, firms, companies, or any other entity. The individual must meet all of the following conditions:
Income Limit
Total income does not exceed ₹50 lakh in the financial year from all sources combined.
Permitted Income Sources
Income only from salary or pension; one house property (no brought-forward losses); other sources — interest and dividends (not lottery or racehorses).
Resident Status
Must be a Resident Indian — not an NRI, RNOR, or Not Ordinarily Resident. Residential status is determined under Section 6 of the Income Tax Act.
Additional Restrictions
Must not be a director in any company; must not hold unlisted equity shares; agricultural income must not exceed ₹5,000; no foreign assets or foreign income; no deferred ESOP tax liability.
Who Cannot File ITR-1 and Should Use ITR-2 or ITR-3?
Several categories of taxpayers frequently attempt to file ITR-1 when they should use a different form. Using the wrong form results in a defective return notice from the Income Tax Department.
| Category | Correct Form | Reason |
|---|---|---|
| Capital gains from equity, mutual funds, or property | ITR-2 | Capital gains schedules not available in ITR-1 |
| Total income above ₹50 lakh | ITR-2 | Exceeds the income ceiling for Sahaj |
| NRIs with Indian salary or income | ITR-2 | ITR-1 is only for resident individuals |
| More than one house property | ITR-2 | Multiple house property schedules require ITR-2 |
| Business or professional income | ITR-3 or ITR-4 | Business income computation requires separate schedules |
| Directors of companies | ITR-2 | Directors must use ITR-2 regardless of income amount |
| Holders of unlisted equity shares | ITR-2 | Unlisted share disclosures required in ITR-2 |
| Foreign assets (even with no foreign income) | ITR-2 | Schedule FA foreign asset disclosure mandatory |
What Income and Deductions Are Reported in ITR-1?
Salary Income (Schedule S)
ITR-1 captures salary details from Form 16 — total gross salary, exempt allowances (HRA, LTA, special allowances), standard deduction of ₹75,000 (AY 2025-26 onwards for new regime; ₹50,000 for old regime), and professional tax paid. The gross taxable salary after deductions is the starting point for income tax computation.
House Property Income (Schedule HP)
ITR-1 accommodates income from one house property. For a self-occupied property, the annual value is nil — and interest on home loan up to ₹2 lakh is deductible under Section 24(b). For a let-out property, the annual value is the actual rent received or municipal value, whichever is higher; 30% standard deduction and actual interest on home loan are deductible.
Income from Other Sources (Schedule OS)
Interest income from savings accounts, fixed deposits, recurring deposits, and post office accounts is reported under Other Sources. Dividend income from domestic companies and mutual funds is also reported here. Dividend income above ₹5,000 from a single company attracts TDS under Section 194, which must be reconciled with AIS.
Deductions Under Chapter VI-A
| Section | Deduction | Limit |
|---|---|---|
| 80C | EPF, PPF, ELSS, life insurance, home loan principal, school fees, NSC | ₹1.5 lakh |
| 80D | Medical insurance premiums — self, family, parents | ₹25,000–₹50,000 |
| 80G | Donations to eligible institutions | 50%–100% of donation |
| 80TTA | Savings account interest (non-senior citizens) | ₹10,000 |
| 80TTB | All interest income — senior citizens only | ₹50,000 |
| 80CCD(1B) | NPS contributions over and above 80C | ₹50,000 |
ITR-1 Filing Process — Step by Step
Collect Form 16
Form 16 from the employer is the primary document for ITR-1 filing — covering salary details, TDS deducted, and employer-declared deductions. Part A shows TDS; Part B shows salary breakup and employer-declared exemptions.
Download & Review AIS
Download the Annual Information Statement from the Income Tax portal and verify all income items — particularly bank interest, dividend income, and property transactions — against personal records. Discrepancies between AIS and actual receipts must be resolved before filing.
Collect Interest Certificates
Gather interest certificates from all banks and financial institutions showing interest earned during the year — for savings accounts, FDs, RDs, and home loans. These are needed both to report income and to claim 80TTA / Section 24(b) deductions.
Compare Old vs New Regime
We compute tax liability under both the old and new tax regimes and recommend the regime that results in lower tax — particularly for salaried employees with significant 80C investments and HRA. The choice of regime is made at the time of filing.
Fill ITR-1 on Portal
We populate all schedules in ITR-1 on the Income Tax portal — including pre-filled AIS data verification, salary details from Form 16, house property income computation, other sources income, and all applicable deductions under Chapter VI-A.
Pay Self-Assessment Tax
If any tax is payable after TDS credits and advance tax, self-assessment tax must be paid before or at the time of filing using Challan 280 on the portal. Interest under Section 234A, 234B, and 234C is computed and included where applicable.
File and E-Verify
The return is filed on the portal and e-verified within 30 days through Aadhaar OTP, net banking, or bank ATM — making the filing legally valid. Without e-verification within 30 days, the return is treated as not filed.
Frequently Asked Questions About ITR-1 Return Filing
Who can file ITR-1 (Sahaj)?
Resident individuals with total income up to ₹50 lakh from salary or pension, one house property, and other sources (interest, dividends) — who are not directors, do not hold unlisted shares, and have no foreign assets or capital gains. HUFs, NRIs, and non-individual entities cannot use ITR-1.
What is the last date for ITR-1 filing?
31 July of the assessment year for most individuals (e.g., 31 July 2025 for FY 2024-25). After this date, a belated return can be filed up to 31 December with a late fee of ₹1,000–₹5,000 under Section 234F. Filing after the due date also means certain losses cannot be carried forward.
Can I file ITR-1 if I have FD interest income?
Yes — fixed deposit interest is reported under Income from Other Sources in ITR-1. The TDS deducted by the bank (Form 16A / Form 26AS) is credited against the tax liability. If total income including FD interest exceeds ₹50 lakh, ITR-2 must be used instead.
What is the standard deduction for salaried individuals?
From AY 2025-26 (FY 2024-25), the standard deduction under the new tax regime is ₹75,000. Under the old tax regime, the standard deduction remains ₹50,000. The standard deduction is available to both salaried employees and pensioners.
What is the difference between ITR-1 and ITR-2?
ITR-1 is for resident individuals with income up to ₹50 lakh from salary, one house property, and other sources — without capital gains or foreign income. ITR-2 accommodates capital gains (equity, mutual funds, real estate), foreign income, multiple house properties, income above ₹50 lakh, NRI income from India, and directorship in companies.
What happens if I file ITR-1 when I should have filed ITR-2?
Filing the wrong ITR form results in a defective return notice under Section 139(9) from the Income Tax Department. You are required to respond to the notice and refile using the correct form within the time specified. If the original due date has passed by the time you refile, late filing fees under Section 234F will apply. It is important to verify the correct form before filing.
File Your ITR-1 Accurately — Deduction-Optimised, On Time
Professional ITR-1 Sahaj filing for salaried individuals, pensioners, and eligible resident taxpayers across Pune and India — AIS reconciliation, old vs new regime comparison, and e-verification included.
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