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How to file ITR 1 (SAHAJ) Online for FY 2022-23 (AY 2023-24)?

Updated on: 06 Feb, 2024 03:37 PM

e-Filing an income tax return form seems scarier, when you are doing it on your own. A simple mistake can make you a defaulter in the eyes of the Income Tax Department, bombarding you with Income Tax Notices, Penalties, and Interest. Or, in a simple situation, just a loss of your income tax refunds.

One of these mistakes while filing ITR could be choosing an incorrect ITR form. In this article below we have explained to you the importance and eligibility of ITR-1.

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 of the such forms. It is one of the most used forms in India. It is a simple form used for Income Tax Return filing & submitting your income, deductions, and tax details to the income tax department.


Who are eligible to file Form ITR-1 (Sahaj)?

This form can be filed by RESIDENT Individuals who have income up to Rs. 50 Lakhs in the Financial Year 2022-23 i.e., from 1st April 2022 to 31st March 2023 from the following sources: -

Further, in the 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 particular financial year exceeds Rs.50 lakh or any of the following -

  • Non-Resident (NRI)
  • 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.
  • 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 you have had investments in unlisted equity shares at any time during the financial year
  • Tax deducted under section 194N of Income tax Act

Further, any such individual who has:

  • Claimed relief u/s 90 or 91.
  • Any assets or financial interest in any entity located outside India.
  • Signing authority in any account located outside India.
  • Income from any source outside India. (if you are a resident individual).

How to fill ITR 1?

Though ITR Form 1 looks like a 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 & TCS
  • Verification

Let's explain each part of it in detail :

Part A: General Information

General Information General Information This part includes your personal details -
Field Description Is it Compulsory 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.
In case, you fall in the below-mentioned category, then filling out 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.
(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, the IT department would use this for all communications. Yes
Address Enter your current full address. This would be used by the IT department for all communications. Yes
If filed in response to notice u/s Select the applicable option, depending on whether the return filed is under section
  • Section 139(9) - Notice for defective return
  • Section 142(1) - Assessment or Reassessment Notice U/s 148
  • 153A
  • 153C
  • Order u/s 119(2)(b)
Yes
Are you opting for new tax regime u/s 115BAC ? Please chose regime you would like to opt. Yes or No (As advised by tax consultant)
Return filed u/s There are various sections under which return is filed. These are:
  • 139(1): When the 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 the return is filed in response to a notice received from the 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 to 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)
Date of filing of Original Return Yes (In case of revision of returns)
Notice Number Many times, we receive notice from the 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 Unique No./Document Identification Number (DIN) and Date of such notice or Order 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
Nature of Employment Choose the category of your employer from the drop down menu
  • Central Government
  • State Government
  • PSU (Public Sector Undertaking)
  • Pensioners
  • Others (eg Private jobs)
  • Not Applicable (eg Family Pensioners)
Yes
If filed under 7th proviso to section 139(1) If you are not otherwise required to file ITR but fall under any of these categories
  • Deposited amount or aggregate of amounts exceeding Rs. 1 Crore in one or more current account during the previous year
  • Aggregate expenditure exceeding Rs 2 lakhs on foreign travel for yourself or others
  • Aggregate electricity bill exceeding Rs 1 lakh during the Year

The amount in respect of the same shall be reported at the time of filing ITR.
Yes

Part B: Gross Total Income

Gross Total Income

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 Financial Year, input the total income here.
  • One House Property - You may have a negative income from house property when you have a payment of interest on home loan and no income from the house or house is self occupied
  • Income from Other Sources - Select the nature of income form drop down.Any income from family pension needs to be deducted under section 57(iia).
  • Gross Total Income - The items above to be added.

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

Part C: Deductions and taxable Income

Deductions and taxable Income

It includes details of all deductions claimed under Section 80C to 80U of the Act. These include investments, Mediclaim, LIC Premium, Tuition Fees, 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. Exempt Income:

Please choose if any exempt income earned during the previous year from the drop down list as applicable.

Part D: Computation of Tax Payable

Computation of Tax Payable

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 received for the past Financial Years.
  • 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 an income tax return after the due date, a 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 are 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.

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 will also be provided here.
  • Details of dormant accounts which are not operational for more than 3 years is not mandatory.
  • Select one or more bank accounts in which you wish to receive income tax refunds. In case more than one bank is selected, CPC will have the final choice as to the selection of bank account in which refund will be credited.

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 Salary Income & Income Other than Salary. These details can be based on Form 16 & 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
  • Gross Receipts 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
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 the date and Sign in the space given. Without a valid signature, your return will not be accepted by the Income Tax Department (If you submit ITR to the Income Tax Department offline).

In case you e-file your return then you can sign with your digital signature. If you do not have a 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

If the return has been prepared by a Tax Return Preparer (TRP) give further details below:

  • Identification No. of TRP
  • Name of TRP
  • Counter Signature of TRP
  • If TRP is entitled for any reimbursement from the Government, amount thereof

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 and submitting the ITR 1 or ITR 4.
    After that, submit 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 and Aadhar OTP.
    3. Alternatively, take a print-out of the ITR V, sign it, and send through ordinary or speed post to Centralized Processing Centre, Income Tax Department, Bengaluru— 560 500, Karnataka.

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://www.incometax.gov.in/iec/foportal/
  • 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-
    • Using Excel Utility
    • 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 in all the mandatory and applicable fields.
    3. Then, validate the data entered in all the sheets by clicking on the "Validate" button available in the respective sheets.
    4. Click on the "Calculate Tax" button on sheet
    5. Verify your data. Click on the "Generate XML" button on sheet
    6. Then submit the generated XML file to the income tax department:
    7. Login using the link incometaxindiaefiling.gov.in
    8. Enter your login credentials.
    9. Go to e-File Menu Select "Income tax return" Select "Assessment Year" as "2023-24" 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 in all the mandatory and applicable fields.
    2. Verify your data by Clicking on the "Save" button on the Menu Bar.
    3. Click on the "Submit" button on the Menu Bar.
    4. Enter your Login Credentials.
    5. Go to e-File Menu Select "Income tax return" Select "Assessment Year" as " 2023-24" Select "ITR" as "ITR 1"
    6. Browse and Select your valid XML Generated
    7. Click on the Submit button.

What is the due date to file ITR1?

For the financial year, the due date for filing the ITR–1 is 31st July 2023. However, the last date for income tax return filing for taxpayers whose accounts are subject to audit is 31st Oct 2023.


What are the documents required for filing ITR 1?

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

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

Frequently Asked Questions

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 taxable under head income from other sources.


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?

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?

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?

Income Tax Return may be revised if the assessee has forgotten to mention some income in ITR. The last date to file a revised ITR for FY 2022-23 (AY 2023-24) is December 31, 2023.


Q- ITR-1 doesn't have the NRI section for FY 2022-23. What is the alternative?

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 revised 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?

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 can I deduct allowances exempt U/S 10 in ITR-1?

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?

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?

If the 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.


Q- Annexure-less ITR Form

No document (including TDS certificate) should be attached to this ITR Form.


CA Abhishek Soni
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.