Who is Eligible to File ITR-1 (SAHAJ)?

Who is Eligible to File ITR-1 (SAHAJ)? (Quick Recap)

Resident Individual (other than Not ordinarily Resident) having TI upto Rs. 50 Lakh from following:-

• Salary/ Pension
• One House Property
• Other Sources (Interest, Family Pension, Dividend etc.)
• Agriculture Income upto Rs. 5,000

ITR-1 cannot be used by a person who:

(a) is a Director in a company
(b) has held any unlisted equity shares at any time during the PY
(c) has any asset (including financial interest in any entity) located outside India
(d) has signing authority in any account located outside India
(e) has income from any source outside India
(f) is a person in whose case tax has been deducted u/s 194N
(g) is a person in whose case payment or deduction of tax has been deferred on ESOP
(h) has taxable capital gains (ST or LT)
(i) has Business or Profession

ITR Forms for AY 2021-22 notified by CBDT

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