ITR-1 Filing (Salary + Other Income)

What ITR-1 (Sahaj) actually is

ITR-1, known as Sahaj, is the income tax return form for resident individuals whose income is straightforward — salary or pension, one house property, and other income such as bank interest — with total income up to ₹50 lakh for the year. It is the form most salaried employees and pensioners in India use to report income for the assessment year and to claim a refund of excess TDS deducted by their employer or bank.

Filing the correct form matters. Using ITR-1 when your income profile does not qualify can lead to a defective-return notice under section 139(9), while the right form filed accurately closes the year cleanly and protects any refund you are due. Our role is to confirm you are eligible for Sahaj, reconcile every rupee against the tax department records, and file under the regime that leaves the most money in your pocket.

Who should file ITR-1 — and who should not

ITR-1 is meant for resident (not ordinarily resident excluded) individuals with income up to ₹50 lakh from salary or pension, one house property, and other sources like interest and family pension. Agricultural income up to ₹5,000 is allowed.

You cannot use ITR-1 if you have capital gains, more than one house property, business or professional income, foreign income or foreign assets, income from lottery or racehorses, are a company director, or hold unlisted equity shares. In those cases we move you to ITR-2, ITR-3 or ITR-4 so the return is valid.

Step-by-step: how your return is filed

• Collect documents — Form 16, Form 26AS, the Annual Information Statement (AIS) and your bank interest details.
• Reconcile income and TDS so nothing reported to the department is missed or double-counted.
• Compute tax under both the old and the new regime and pick the one that saves you the most.
• Prepare the return, share the computation for your approval, then file it on the income tax portal.
• E-verify within the 30-day window using Aadhaar OTP, net banking or a pre-validated bank account.

Timelines, due dates and penalties

For individuals who do not require an audit, the due date to file is 31 July of the assessment year. Missing it means a late-filing fee under section 234F — ₹1,000 where total income is up to ₹5 lakh and ₹5,000 above that — plus interest under section 234A on any unpaid tax. A belated return can usually be filed up to 31 December, and a return can be revised within the same window if you spot an error.

Filing on time also protects benefits like carrying forward certain losses and ensures faster refund processing. We aim to file well before the deadline so you are never in the last-minute rush.

Why file your ITR-1 with TCC

We are an experts-led practice — your return is prepared and checked by people who do this every day, not a self-serve form. We reconcile against AIS and 26AS to prevent the mismatch notices that catch many DIY filers, compare both tax regimes for you, and keep everything on a fixed fee with WhatsApp-first support. If a notice ever arrives on a return we filed, we help you respond.