Updated on: 21 Jan, 2020 06:40 PM
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The form ITR 1 and ITR 4 for FY 2019-20 (AY 2020-21) have been notified by CBDT vide its notification no 1/2020 dated 3rd Jan 2020. The return filing utilities are yet to be notified.

Contents

What is ITR 1 or Sahaj form?

As you already know Income Tax Return filing is done by way of submitting the income tax form to the income tax department. Different ITR forms are notified by the tax department depending on the source of your income. ITR 1 form commonly known as Sahaj is one such form. It is one of the most used forms in India. It is a simple one pager used for submitting your income, deductions and tax details to the income tax department.

Who can file Form ITR-1 (Sahaj)?

This form can be filed by RESIDENT Individuals who have income upto Rs. 50 Lakhs in the Financial Year (F.Y.) 1st April 2019-31st March 2020 from the following: -

  • Salary/Pension
  • One house property (excluding cases where loss is brought forward from previous years): This includes earnings from rental income or payment of home loan interest.
  • Other sources: (excluding any winnings from the lottery, income from race horses etc.) like interest income from bank, dividends, etc.
  • Agricultural Income upto Rs 5000

Further, in case where the income of your spouse, minor child, etc. is clubbed with your income, then this return form can be used only when your total income (after clubbing) also falls in the above specified categories.

Who cannot file an ITR–1 Form?

This Return Form cannot be used by an individual whose total income for the assessment year 2018-19 exceeds Rs.50 lakh or any of the following -

  • Non Resident
  • Not Ordinarily Resident
  • Director of a company
  • Income from more than one house property or
  • Previous Year's brought forward loss from house property
  • Income from lottery / race horses / quiz / legal gambling.
  • Anyone having income exceeding Rs 50 lakhs
  • Income under the head "Capital Gains" i.e. short-term capital gains or long-term capital gains from the sale of house, plot, shares etc.
  • Agricultural income exceeding Rs. 5,000.
  • Income from business or profession.
  • Loss under the head "Income from other sources"
  • If wants to response to notice u/s 153A and 153C
Further, any such individual who has:
  • Claimed relief u/s 90 or 91.
  • Any assets or financial interest in any entity located outside India.
  • A signing authority in any account located outside India.
  • Income from any source outside India. (if you are a resident individual).

What is the format of ITR-1?

For Financial Year 2019-20 (Assessment Year 2020-21), the Government of India has introduced Form ITR-1 vide its notification date 03rd Jan 2020 and notification no. 01/2020.

The ITR 1 Form looks like this:
ITR-1-Form
ITR-1-Form-Part-C

How to fill ITR 1?

Though ITR Form 1 looks like a one page simple form. But, while filling it, due caution should be taken.

ITR Form 1 is structured in five parts and two schedules for easy understanding. These are :

  • Part A: General Information
  • Part B: Gross Total income
  • Part C: Deductions and Total Taxable Income
  • Part D: Computation of Tax Payable
  • Part E: Other Information
  • Schedule IT and
  • Schedule TDS

Let's explain each part of it in detail :

Part A: General Information

Part A: General Information
This part includes your personal details -
Field Description Is it Compulsary to Fill?(Yes/No)
PAN Permanent Account Number Yes
Name Enter your full name as per your PAN Card Yes
Aadhaar Number Providing Aadhaar Number is now mandatory while filing returns. Enter your 12 digit Aadhaar Number or 28 digit Aadhaar Enrolment ID in case you do not have your Aadhar with you . Incase, you fall in the below mentioned category then filling of your aadhaar no is not mandatory :
  • (a) You are living in the States of Assam, Jammu and Kashmir and Meghalaya
  • (b) You are of eighty years or more at any time during the F.Y.2019-20
  • (c) You are Non-Residents
  • (d) Not a citizen of India
 Yes with few exceptions
Date of Birth Enter your Date of Birth as per your PAN card in DD/MM/YYYY format Yes
Mobile Number Enter your valid mobile number, this would be used by the IT department for all communications. Yes
Email Address Enter your valid mobile number, this would be used by the IT department for all communications. Yes
Address Enter your current full address. This would be used by the IT department for all communications.
Yes
Passport No Enter your valid Indian Passport Number (if you have any)
-
If filed in response to notice u/s Select the applicable option, depending on whether the return filed is under section
  • 139(9)
  • 142(1) or
  • 148
 Yes
Return filed u/s There are various sections under which return is filed. These are :  
  • 139(1): When return is filed voluntarily on or before the due date.
  • 139(4): Belated Return i.e. when return is voluntarily filed after the due date.
  • 139(5): Revised Return i.e. when an amendment is made in the original return.
  • 119(2)(b): When return is filed in response to notice received from Income Tax Department under the said section.
Select the appropriate section applicable on your tax situation. File through Tax2win and avoid the hassle of finding the relevant sections applicable on you! 		Yes
Original Acknowledgement Number If you are filing the revised return under section 139(5) or defective return u/s 139(9) is asked by the department, then write the Acknowledgement number and date of filing the original return in DD/MM/YYYY format. Yes (In case of revision of returns)
Yes (In case of revision of returns)
Date of filing of Original Return
Notice Number Many a times , we receive notice from IT department even when we have filed ITR . So, if you have received any notice under section 139(9)/142(1)/148/, and filing your ITR in response to these, then enter the Notice Number and Date of such notice in DD/MM/YYYY format. Yes(If received notices)
If filed in response to notice u/s 139(9)/142(1)/ 148 enter the date of such notice
Are you governed by Portuguese Civil Code as per section 5A? This is applicable incase of people to whom Portuguese Civil Code applies. This code is generally applicable on the people living in State of Goa and in the Union territories of Dadra and Nagar haveli and Daman and Diu. Incase you are determined by this code, enter only your share of income under Income from House Property and under Income from Other Sources. The balance share of income under these heads should be entered in the ITR of your spouse. Yes

Part B: Gross Total Income

figures
Under this section you enter all your income details from various sources:
  • Salary/Pension - Final salary/pension details from Form 16 given by employer. In case of incorrect computation in Form 16, furnish the correct details in this form. Also, in case there were multiple employers in the past Financial Year, input the total income here.
  • One House Property - In case of loss, mark a negative sign within brackets before the figure.You have a negative income from house property when you have a payment of interest on home loan and no income from house.
    You should enter only your share of income in the column B2 (house property) and B3 (other sources). The balance share of income under these heads should be entered in the return of income of your spouse. Also provide PAN of the spouse.
  • Gross Total - The items above to be added. If the income comes to negative, then mark a negative sign within the brackets before the figure.

Note :- Loss cannot be carry forward to next year. ITR2 is to be used for all such purposes.

Part C: Deductions and taxable Income

figures

It includes details of all deductions claimed under Section 80C to 80U of the Act. These include investments, Mediclaim, LIC Premium, Contribution to Pension Account, Education Loan, Donation, etc. This part also includes the Taxable Income which comes after deducting the amount of Total Deductions from Gross Total Income. Read our Deductions Blog for knowing more about this section. Column for deduction under section 80EEA and 80EEB has been added from AY 2020-21 (FY 2019-20) in line with the new budget pronouncements.

Part D: Computation of Tax Payable

figures
This includes all the details relating to calculation of the final tax payable-
  • D1: Tax Payable on total income: To be calculated as per tax computation table at C2.
  • D2: Rebate u/s 87A: Deduction from income tax to a resident individual, whose total income is less than 500,000 INR of an amount equal to such Income Tax or an amount of 12,500 INR whichever is less.
  • D3: Tax After Rebate: Tax payable after rebate (D1-D2)
  • D4: Cess: Calculate health and education cess (including secondary and higher education cess) at 4 % of D3.
  • D5: Total Tax & Cess: D3+D4
  • D6: Relief u/s 89 : For claiming relief, if any, allowable under Section 89 in respect of arrears or salary advances received during the past Financial Year.
  • D7: Interest u/s 234 A : For calculation of 234A interest as per the IT Act, 1961.
  • D8: 234 B : For calculation of 234B interest as per the IT Act, 1961.
  • D9: 234 C : For calculation of 234C interest as per the IT Act, 1961.
  • D10: 234F : For filing income tax return after the due date, late fee u/s 234F needs to be specified in this column.
  • D11: Total Tax and Interest : D5+D7+D8+D9+D10-D6
  • D12: Total Taxes Paid: Total tax paid (Advance Tax + Self-assessment tax) given in Column 4 of Schedule IT and relevant TDS given in Column 6 of Schedule TDS to be given. TDS and Tax Payment details to be verified using Form 26AS.
  • D13: Amount Payable :Tax payable amount to be filled, in case D11 is greater than D12.
  • D14: Refund : Amount to be filled in case D12 is greater than D11.
    Exempt Income :
    1. 10(34) : Exemption in regard to dividend income from Indian company
    2. Agricuture Income : If agricultural income exceeds ? 5,000/-, please use ITR-2.
    3. Others(please specify)
    4. Read : Tax Free Incomes – The Essential List Two

Part E: Other Information

This part also includes the details of all the bank accounts held in India at any time during the year for which the return is filed.

  • Details such as IFSC Code, Name of Bank, and Account Number, are also to be provided here.
  • Details of dormant accounts which are not operational for more than 3 years is not mandatory.
  • Do Not Forget to Mention(Put A tick) on the account in which you want your income tax refunds Part E: Other Information
Let's understand the Schedules now:

Schedule IT

This includes all the Details of tax payments including Advance Tax and Self - Assessment Tax Payments. Advance Taxes and Self-Assessment challan deposited details are required.These are :

  • BSR Code of the Bank
  • Date of Deposit in the Bank
  • Serial Number of Challan through which the payment is made
  • The amount of tax paid
Schedule IT

Schedule TDS/TCS

This includes the Details of Tax Deducted/Collected at Source on Income Other than Salary. These details can be based on Form 16 A issued by various Deductors in respect of interest income and other sources of income.

This schedule contains the following details:
  • Tax Deduction Account Number (TAN) of the Deductor(s)/Collector
  • Name of the Deductor/Collector
  • Amount which is subject to tax deduction /collection
  • The year of such deduction/collection
  • The amount of tax deducted/collected and
  • The amount of tax deducted/claimed this year
  • Amount claimed in the hands of spouse if section 5A is applicable - This is applicable incase of people to whom Portuguese Civil Code applies. This code is generally applicable on the people living in State of Goa and in the Union territories of Dadra and Nagar haveli and Daman and Diu.
Schedule TDS

Verification

There is a verification section in which you need to mention your Name and your father's name. After completing the Verification Section, fill date and Sign in the space given. Without a valid signature, your return will not be accepted by the Income Tax Department.
Incase, you e-file your return then you can sign with your digital signature. If you do not have digital signature, submit your return and return sign a hard copy of ITR V and send it to CPC Bengaluru else e-verify it.

Verification

How to submit ITR 1(Sahaj) form with the Income Tax Department?

Form ITR – 1 can be filed with the Income Tax Department in any of the following ways:

  • Offline: By furnishing the return in a paper form at the local Income Tax Department office. This option can only be availed in the following specific cases:
    If you are a resident individual aged 80 years or above or
    Thereafter,submitting the verification of the return (Form ITR-V) physically to CPC, Bengaluru.
  • Online: By furnishing the return online (i.e. e-file ): Can be done by transmitting the data electronically.This can be done by using any of these methods
    1. Under digital signature.
    2. Under electronic verification code.
    3. Alternatively taking a print-out of the ITR V, signing it and sending through ordinary or speed post to Centralized Processing Centre, Income Tax Department, Bengaluru— 560 500, Karnataka.

Manner of filing ITR to the Income Tax Department

figures

What are the steps to file ITR Form 1 online?

For filing the form ITR1 online, follow the following steps:-

  • Step 1: Go to the link: https://incometaxindiaefiling.gov.in/downloads/offlineUtilities?lang=eng
  • Step 2: Select the Assessment Year for which you want to file ITR.
  • Step 3: Then select the way in which you want to e-file your ITR. There are two ways of filing ITR-
    1. Using Excel Utility
    2. Using Java Utility
  • Step 4 : Using the Excel utility- For this first you need to generate the xml:
    1. Download the excel utility of the ITR 1.
    2. Then fill all the mandatory and applicable fields.
    3. Then, validate the data entered in all the sheets by clicking on "Validate" button available in respective sheets.
    4. Click on "Calculate Tax" button on sheet "PART A GENERAL" or "PART B-TI-TTI"
    5. Verify your data Click on "Generate XML" button at sheet "PART A GENERAL" or "PART B-TI-TTI"
    6. Then submit the generated xml file to the income tax department:
    7. Login using the link incometaxindiaefiling.gov.in
    8. Enter your credentials.
    9. Go to e-File Menu Select "Income tax return" Select "Assessment Year" as "2017- 18" Select "ITR" as "ITR 1"
    10. Browse and Select your valid XML Generated
    11. Click on submit button

  • or

  • Step 4 : Using the Java Utility- Steps for submitting ITR using the Java utility :
    1. Fill all the mandatory and applicable fields.
    2. Verify your data by Clicking on "Save" button on the Menu Bar.
    3. Click on "Submit" button on the Menu Bar.
    4. Enter your Login Credentials.
    5. Click on Submit button.

What is the due date to file ITR1?

For the financial year 2019-20, the due date for filing the ITR–1 form is 31st July, 2020. However, you can still e-file your belated income tax return upto 31st March 2021.

What are the documents required for filing ITR 1?

No documents are required to be attached when filing ITR 1. However, for filing, it is advisable to keep the following documents handy.

  • Form 16 issued by your employer (In case you have switched jobs during the year, then Form 16 from all your employers)
  • Form 26AS
  • Pass Book of Bank / Bank certificate and
  • PAN Card
  • Aadhaar Card
  • Tax saving deduction details
Documents required for filing ITR 1:
figures

What were some major changes in ITR-1 for AY 2020-21, AY 2019-20 and AY 2018-19?

Major changes in ITR-1 for AY 2020-21 :
  • If you hold a valid Indian Passport the passport number is required to be furnished
  • ITR 1 cannot be furnished in response to notice u/s 153A and 153C
  • Full break-up of salary is required to be given
Major changes in ITR-1 for AY 2019-20 :
  • If any person is a director in a company then he cannot file ITR-1.
  • If any person holds shares of unlisted company then he cannot file ITR-1.
  • Full break-up of salary is required to be given
  • Only super senior citizen can file paper form return.
Major changes in ITR-1 for AY 2018-19 :
  • Given below person can file return in paper format
    - Super senior citizens whose age is 80 or above
    - Individuals having income below Rs. 5 lakh and claiming no refund in ITR
  • ITR-1 cannot be filed by Non-Residents.

Happy Tax Filing from Tax2win!!!
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FAQ on ITR Form 1(Sahaj)

Q- What are the documents attached with ITR – 1?

Well, ITR – 1 Form is an annexure less return, and you do not have to attach any documents along with your Income Tax Return.

Q- How should I report details of my bank accounts in the Sahaj form?

Details of all savings and current accounts held at any time during the previous financial year must be declared under Part E – other information section of the ITR form.
Account numbers should be as per Core Banking Solution(CBS) system and dormant account (accounts which are not operational for more than 3 years) details are optional.
Furthermore, you have to specify the account that you want to use, in case of refund.

Q- Should I include dividend income from Mutual Funds?

Yes, it is to be included before Part E – other information under the head Exempt Income(others) since dividend income from mutual funds is exempt under Sec 10(35).

Q- Can I file ITR 1 with exempt agricultural income?

In case agricultural income<or = 5000 INR File ITR 1
In case agricultural income>5000 INR File ITR 2

Q- Can I use my mobile number/email ID for filing all my relatives return?

There is a limit put by the income tax department. Only 10 assesses can be registered using one mobile number and one email ID.

Q- Which ITR form should be filled in case my income is above 50 lakhs INR in a Financial Year?

Type of Income ITR type
Salaried individual having income > 50 lakhs ITR 2
Income from business/profession ITR 3
Presumptive income u/s 44AD/44AE ITR 4 (Sugam)

Q- What are the other sources of income in the ITR-1?

Ans. Other Sources of income in ITR-1 includes the Interest Income from Savings Bank Account and FDR Interest Income, Post office interest income, Commission etc

Q- I have an income from my salary as well as capital gains. So which ITR form do I need to select: ITR-1 or ITR 2?

Ans. If you have an income from both salary as well as capital gains then ITR 2 form needs to be filled.

Q- I forgot to mention some income on my ITR-1 form. Is there an amendment form so that I can declare the rest of the income?

Ans. Income Tax Return may be revised if the assessee has forgot to mention some income in ITR

Q- ITR-1 doesn't have the NRI section for FY 2019-20. What is the alternative?

Ans. Non Residents are not eligible to file the ITR-1. Normally, ITR -2 can be filed by the Non-Residents.

Q- How do I delete an ITR-1 to create a new ITR-2?

ITR on the income tax website can not be deleted, only revise return can be filed. Thus, you can file the ITR - 2 as a revision of the ITR. By doing this, your ITR 1 will be replaced by ITR 2 and it will be treated that you filed the ITR-2 as a Final ITR.

Q- Do I need to report exempt LTCG in ITR-1?

Ans. If any person having capital gain income or loss whether it is exempt or taxable, then ITR-1 cannot be filed. It needs to be disclosed under ITR-2.

Q- How do I deduct the U/S 10 exemptions in ITR-1?

Ans. Allowance under section 10 can be selected from the drop down box under the ITR form.

Q- Who can file ITR Form 1 in paper form?

Ans. ITR 1 can be submitted in paper form by an individual of the age of 80 years or more at any time during the previous year.

Q- Is it mandatory to file ITR?

Ans. If total income of any person before allowing deductions under Chapter VI-A exceeds the maximum amount which is not chargeable to income tax then filing income tax return is mandatory.

As per current income tax slab the maximum amount not chargeable to tax is

Category Amount Exempt
Individuals aged below 60 years Rs 2,50,000
Individuals aged 60 & above but below 80 years Rs 3,00,000
Individuals aged 80 & above Rs 5,00,000

Let’s understand with an example :

Particulars Amount
Gross Total Income Rs. 3,00,000
Deduction under chapter VI-A Rs. 55,000
Total Income/Taxable Income Rs. 2,45,000

In the above example, say assessee is below 60 years of age. Then,he is required to file ITR since total income before allowing deduction exceeds the maximum amount which is not chargeable to income tax.

Filing Your ITR is Now EASY & FREE!

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CA Abhishek Soni

Abhishek Soni is a Chartered Accountant by profession & entrepreneur by passion. He is the co-founder & CEO of Tax2Win.in. Tax2win is amongst the top 25 emerging startups of Asia and authorized ERI by the Income Tax Department. In the past, he worked in EY and comes with wide industry experience from telecom, retail to manufacturing to entertainment where he has handled various national and international assignments.

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