All You Want To Know About Income Tax Return Form 1 Sahaj

INSUBCONTINENT EXCLUSIVE:
July 31 is the last day to file income tax returns for assessment year 2018-19.July 31 is the last day to file income tax returns for
assessment year 2018-19
To avoid last minute rush, it is better to file your income tax return (ITR) well ahead of the July 31 deadline
The Income Tax Department has categorised taxpayers into different groups on the basis of their income and its source
So if your income is up to Rs 50 lakh from salary or pension, from one house property or other sources, you need to file Form no 1
Sahaj.Here's everything you need to know when filing income tax returns in Form 1 Sahaj:Who can file income tax returns via Form 1
SahajIndividuals having income up to Rs 50 lakh from salary, single house property or other income (interest etc.) can file income tax
Log into your account on the taxman's e-filing website incometaxindiaefiling.gov.in.2
Select ITR-1 and fill in the requisite details.3
Calculate income tax automatically online.4
Pay balance tax payment (if any) online.5
Upload and verify online.Who can file income tax returns in paper formAn individual of the age of 80 years or more at any time during the
previous year, or an individual or Hindu undivided family (HUF) whose income does not exceed Rs 5 lakh and who has not claimed any refund in
the return of income can file file the income tax return using a paper form.Income tax returns cannot be filed without a PAN (permanent
account number) card
People who do not have a PAN card can avail an instant e-PAN card
The deadline to link Aadhaar card number with PAN card was recently extended till March 31, 2019.