ITR-1 Sahaj Form 2020-21

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ITR-1 Sahaj Form 2020-21

ITR-1 Sahaj Form For AY 2020-21 (FY 2019-20) :-

ITR-1 is applicable for individuals having Income from Salaries, one house property, interest income, etc. up to Rs 50 lakh. As per the newly-introduced ITR-1 form for A.Y. 2020-21, if a taxpayer owns a house property with two or more persons or has deposited more than Rs 1 crore in a bank account or has spent more than Rs 2 lakh on foreign travels or has paid electricity bills of more than Rs 1 lakh can not file the ITR-1

Who can file ITR 1 Sahaj

The ITR 1-Sahaj is for individuals being a resident (other than not ordinarily resident) having a total income up to Rs 50 lakh, having Income from Salaries, one house property (single ownership), interest income, family pension income, etc. and agricultural income up to Rs 5,000.

You can download the ITR-4 Sugam Form (AY 2020-21) in PDF format online from the link given below or alternative link.

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