➢ About the service/Eligibility:
❖ ITR-1 is required to be filed by salaried Employees having income less than 50 Lacs.
❖ Agricultural income having less 5000.
❖ Income from house Property
➢ Estimated time to complete the work:
❖ 1 Days from the date of receipt of documents.
➢ Required Documents/Information:
❖ Form 16 for the Salaries Employees.
❖ Other Income details.
❖ ITR Login Credentials.
➢ What we will deliver:
❖ ITR-1 Form
❖ ITR-1 Acknowledgement.
❖ IT Computation.
FAQ’s
1. Who can File ITR 1?
ITR 1 can be used by individuals who is a resident of India for tax purposes only. Also, all the taxpayers with income only under any or all three heads of income that includes Salaries, Income from House Property, and Income from other sources are eligible to file ITR 1.
2. How to file ITR 1?
ITR 1 can be filed both offline as well online. However Online is Recommended.
3. While filing ITR 1 is it necessary to show the interest income from other sources if the TDS is already deducted?
Yes, it is necessary to include interest income from other sources even if the tax is deducted by the bank.
4. How to file ITR 1 returns offline?
ITR 1 returns can be filed offline: By furnishing a return in Physical Paper form after which an acknowledgment is issued at the time of submission of the physical paper return.
5. How to file ITR 1 returns online?
ITR 1 returns can be filed online by transmitting the data electronically and then by submitting the verification of the return in Form ITR V to the CPC Bengaluru. By making the return filing online and then e-verifying the ITR V through net banking/Aadhar OTP/EVC. If the ITR 1 is submitted electronically then the acknowledgment will be sent to the registered via email. Also, it can be downloaded from the income tax website then sign and send to the income tax department’s CPC office in Bangalore within 120 days of e-filing.
6. Is ITR 1 an annexure less form?
ITR 1 form is an annexure less return, there is no need to attach any documents such as Form 16 or Form 26 AS with the ITR 1 form.
Reviews
There are no reviews yet.