ITR-1 Form Filing

ITR-1 Form Filing

Understanding Form Income Tax Return (ITR-1 Form Filing) The Income Tax Department has notified various ITR forms for different Taxpayers who are based on the source of income of different taxpayers. This is done in order to create a simple tax structure in our country. Based on the source of income, a taxpayer chooses ITR form and file his/her return. The return is required to be filed every year subsequent to the year of income. Now the details of PAN and Aadhaar card is mandatorily required to be furnished with the department while filing the ITR return. There are various forms like ITR 1, ITR 2, ITR 3, ITR 4, ITR 5, ITR 6 and ITR 7 which is required to be filed by the different taxpayer. However, it is to be noted that it is not mandatory to file the return by all taxpayers, this is only the certain individual having threshold income more than as prescribed under the Income Tax Act who are required to submit the Income-tax return. The return must be filed before the due date in order to avoid late fees and penalties. Further, aforesaid forms are designed for different taxpayers and it shall be processed by the income tax department accordingly.

Who is Eligible to File ITR 1

Form ITR -1 is a small and simple form for individuals who are having income up to Rs. 50 lakh through below sources of income ie., from:

  1. Salary/Pension
  2. House Property
  3. Income from Other Sources

Not Eligible for ITR 1

If he is earning income from aforesaid source is up to 50 Lakhs

A director in a company and who has held any time during the financial year any unlisted equity shares.

Residents not ordinarily resident (RNOR)

If the taxpayer has earned income through the following source

  1. More than 1 House Property
  2. Lottery, Racehorses or Legal Gambling etc.
  3. Taxable capital gains which can be Short term or Long term
  4. Having Agricultural income more than Rs. 5,000/-
  5. Business & Profession
  6. Claiming relief of any foreign tax paid or DTAA relief under Section 90/90A/91 of Income Tax Act, 1961.

Modes of Filing Form ITR-1

We can submit ITR-1 Form either online or offline.


The Form ITR 1 can be filed through offline mode the same is to be submitted in prescribed Form however, Income tax department has allowed only below person to submit the offline Form

  1. A taxpayer having age 80 years or more any time during the previous year;
  2. Taxpayer or HUF having income not exceeding Rs 5 Lakhs also he has not claimed any refund of Income Tax.

The return shall be submitted in physical Form. The Income Tax Department after receiving the Form will issue an acknowledgment in this regard.


The Form ITR 1 can be furnished online as well, for this one need to login to the account which shall be prepared on the website of Income tax department and shall be verified. Thereafter, an acknowledgment shall be send to the registered email id of the taxpayer. The online return can be verified through Aadhaar OTP/EVC.

Every year Form ITR -1 has to be filed on or before 31st July of the subsequent year. Thereafter, late fee shall be levied. Here is a tabular representation of late fees for easy understanding:

Filing Date If Income is Below 5,00,000/- If Income is Above 5,00,000/-
31st July 2019 0 0
Between 1st August to 31st Dec 2019 1,000/- 5,000/-
Between 1st Jan 2020 to 31st March 2020 1,000/- 10,000/-


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