As you already know income tax return filing is done by way of submitting the income tax form to the income tax department. The tax rules as well as the itr form have undergone some changes this. Cbdt released latest income tax return forms for ay 202021 in the month of april 2020, download itr forms for ay 202021 or fy 201920. Income tax return is the form in which assessee files information about his income and tax thereon to income tax department. These forms had introduced the asset and liability al schedule in itr 1 sahaj, itr 2a. For the assessment year 201920, itr 1, 2, 3, and 4 are available for efiling, meaning that you if meet the requirements of these forms then you can file for itr through the website of income tax department. Due date of filing income tax return for the ay 201516 has been extended by cbdt from 31st july 2015 to 31st august 2015. How to file income tax returns form1 sahaj online how to. In 20, income tax department issued letters to 12,19,832 nonfilers who had done high value transactions. If the applicable form is itr 1 you can complete the process on the portal itself, submitting the details online by using the quick efile itr link. Log on to efiling portal at if you are not registered with the efiling portal, use the register. Report by a parent entity or an alternate reporting entity or any other constituent entity, resident in india, for the purposes of subsection 2 or subsection 4 of section 286 of the incometax act, 1961. For assessment year 2014 2015, every person not being a co.
One of the itr income tax return forms are to be filled by every individual filing their income tax returns. A simplified one page form, can be filed by individuals having. An easy to understand, single page form named sahaj itr 1 has been introduced for individual assessees whose income in the financial year 201617 has been up to rs 50 lakh, subject to certain conditions. Itr 1 what is itr 1 how to file itr 1 form online paisabazaar. How to file your income tax returns with itr1 sahaj form. Download income tax return forms ay 202021 itr1 sahaj.
Cbdt has notified new itr forms sahaj itr1, itr2 and sugam itr4s for ay 201516. Itr1 sahaj, itr 2, itr 3, sugam itr4s, itr4, i in excel, word and pdf. Itr1 form is also referred as sahaj form, is designed for the salaried person to file income tax return with. The itr 1 form, also called sahaj meaning easy in hindi, is the income tax return form for salaried individuals i. Itr1 indian income tax return for individuals being a. However the schema for xml ereturn generation is still awaited. Itr 1 return form is to be used by an individual who is a resident other than not ordinarily resident, whose total income for the assessment year 201920 does not exceed rs. Tax filing for the financial year 201617 has been started already from 1st april and the new itr form 1 sahaj. Itr 1 or sahaj easy is a form that caters to the salaried taxpayer.
Who needs to file income tax return for ay 2015 16. New itr forms for ay 201516 income tax return filing. In case of any doubt, please refer to relevant provisions. It return forms being revised to allow assessees to avail benefit of timeline extensions. Only regstered users can download the file download form sahaj itr 1 for a. Downloads income tax returns income tax department. Jul 27, 20 how to file income tax return for salary income itr 1 ay 2015 16 this tutorial explains how to fill the income tax return form 1 for filing return. Apr 24, 2017 the central board of direct taxes has notified new income tax return filing forms for 201718.
However, there are certain categories of salaried individuals who need to submit their returns through other forms like itr or itr 2a. The notification also made several change in rule 12 of income tax rules, 1962 which is related to condition of filing of income tax return. For individuals being a resident other than not ordinarily resident having total income upto rs. Different itr forms are notified by the tax department depending on the source of your income. The new itr1 sahaj form is out for filing income tax returns and is a simplified return form for the salaried class with an income of up to rs 50 lakh only.
Apr 17, 2015 recently income tax department has released new income tax return form itr 1, itr 2, itr 4s vide notification 41 2015 dated 15. Form itr 1 or sahaj derived from the hindi word meaning easy is the most commonly used form for filing income tax returns. Now they would not be able to fill itr 1 or itr 4s. It is tax season and taxpayers are preparing to submit their annual income tax return itr for the financial year 201718 or assessment year 201819 to the income tax department. When a salaried individual realizes the contents of form 16 then income tax returns filing become more understandable. Income tax return forms itr 1, 2 and 4s simplified for convenience of the tax payers.
Cbdt the central board of direct taxes cbdt said in a statement that it will revise the income tax return forms incometax return itr forms itr 1 sahaj and itr 4 sugam which were first issued in january, to accommodate the relief given to taxpayers by the finance ministry due to the covid 19. Subsequently, instructions for filing itr forms were issued and the software utility for efiling of all the itr forms were also released. You can file your income tax return at the efiling website of the hsa consulting. The income tax act, 1961, and the income tax rules, 1962. Itr form1 sahaj for filing income tax income tax login. The last date for filing income tax returns is 31 july 2019. It is to be provided in the part e other information of the itr form. Schedule tds2 details of tax deducted at source on income other than salaryas per form 16 a issued by deductors tax deduction account number tan of the deductor name of the deductor unique tds certificate. Various forms are itr 1, itr 2, itr 3, itr 4, itr 5, itr 6 and itr 7. However, if the annual turnover of business registered under presumptive. This return form is to be used by an individual who is a resident other than not ordinarily resident, whose total income for the assessment year 201920 does not exceed rs.
For assessment year 2015 2016, every person to efile income tax return electronic income tax return if its total income exceeds rs. Download itr 1 itr 2 itr itr4s itr4 itr 5 itr 6 itr 7. Itr 1 sahaj and itr 4s sugam form for assessment year 201516. The itr 1 form has been simplified this year, making it easier for salaried employees to efile returns. These forms were revised after outrage from tax payers and are suppose to be simpler in the whole simplification process, income tax department have introduced an additional form itr 2a in addition to the existing itr forms itr 1, itr 2, itr 3, itr 4, itr 4s, itr 5 and itr 6.
Under the download menu, click on income tax return forms and choose ay 2015 16 for financial year 201415. The income tax department has finally come out with new forms for filing income tax returns for ay 2015 16. How to file income tax return for salary income itr 1 ay 2015 16. New itr forms for ay 201516 for income tax return filing. A comprehensive guide on what is itr1, how to fill and file it online. It return forms being revised to allow assessees to avail. The due date of filing the itr 1 form for the financial year 2015 16 is 31 july, 2016. How to file income tax return for salary income itr 1 ay 2015 16 this tutorial explains how to fill the income tax return form 1 for filing return. Jul 31, 2012 we have uploaded below itr 1 sahaj, itr 2, itr 3, itr 4, sugam itr4s, itr 5, itr 6, itr 7, in excel word and pdf format applicable for assessment year 2012 and financial year 201112. Note for ay 201516, itr1, itr 2, itr 2a, itr 4s where returned income is grater than 5 lakhs or where refund is claimed except where the person is 80 years or more and filing itr 1, 2 or 2a and itr 3 itr 4 itr 5 itr 6 itr 7 are mandatorily required to be efiled. Sahaj stands for easy in hindi and any salaried person including pensioners, family pension holder and person earn income by interest can use this form to file itr. Who can use itr1 form for filing income tax return. Download sahaj itr 1, 2, 3, sugam itr4, 5, 6, 7 for a. The income tax department every year releases different types of itr forms for individual categories of taxpayer.
The tutorial besides explaining how to fill the itr 1 sahaj formalso helps. Itr 1, for individuals being a resident other than not ordinarily resident having total income upto rs. We have highlighted changes in the respective form below. You can keep a print out of submitted response for record. You can download these new forms and file the it return. In such circumstances, the last date fixed for efiling of income tax return for the assessment year 2015 16 by the assessees, being 30. Download income tax returns itr forms national portal of india. Dear readers there are few differences in old and new forms,the details of which we inform you later in details step by step,in the meanwhile please check all the forms above and compare it with old forms and spot the differences. Tax payers whose total income for the financial year 201819 does not exceed rs 50 lakh are required to file form itr 1 or sahaj. A new form itr 2a proposed which can be filed by an individual or huf who does not have capital gains, income from businessprofession or foreign assetforeign income. The utility by default will get downloaded in your system download folder in a compressed mode. Income tax return filing forms for ay 201617 fy 201516which. Itr 1 form commonly known as sahaj is one such form. Income tax department made changes in income tax forms for the assessment year 2015 16 and notified new itr 1 sahaj and itr 4s sugam forms for the assessment year 2015 16.
If you are looking to file income tax return for fy 201516, then continue reading below. Itr 1 sahaj income tax return 1 form is essential for filling the income tax returns with the income tax department of india at the end of every financial year. Itr forms for ay 202021, download latest income tax. All rights reserved site last updated on 1604 2020. Itr 1 sahaj for ay 201819 and ay 201718 with tax calculation formulas itr i sahaj income tax return form for ay 201718 with formulas for auto calculation of income tax in fillable pdf about forms compiled in pdf fillable as excel word format. We have uploaded below itr 1 sahaj, itr 2, itr 3, itr 4, sugam itr 4s, itr 5, itr 6, itr 7, in excel word and pdf format applicable for assessment year 2012 and financial year 201112. Which itr form to fill for tax returns for ay 201516.
With a thorough knowledge of the form 16, an employee will be able to easily file the income tax return on his her own. Itr forms for ay 202021, download latest income tax return forms by raju choudhary last updated apr 1, 2020 25 itr forms 202021. The government had recently notified the new income tax return itr forms for the financial year fy 2015 2016 wherein certain key changes were made in the reporting requirements. Itr 4 can be filed by individuals, huf as well as a partnership firm. This guide discusses various itr forms available and suggests the type of form to file your income tax returns. Resident individuals earning income from salary or from one house property or other sources up to rs 50 lakh are supposed to file the itr 1 form. The income tax department never asks for your pin numbers, passwords or similar access information for credit cards, banks or other financial accounts through email the income tax department appeals to taxpayers not to respond to such emails and not to share information relating to their credit card, bank and other financial accounts. These forms are notified both in excel based utility and java platform.
Income tax forms for assessment year 2014 2015 is released by income tax department. As per the central board of direct taxes, forms itr 1. Apr 01, 2020 the income tax return itr forms for the assessment year a. Itr1 sahaj individual income tax return for individuals having income from salaries, one house property, other sources. Representation for amendments made in section 254 of income tax act, 1961. Feb 23, 2017 hey guys this video talks about the income tax return form itr 1 sahaj which is filed by an individual having income from salary, one house property and income from other sources excluding. Income tax return for financial year 2014 for period 1stapril 20 31st march 2014. Itr 1, for individuals being a resident other than not ordinarily resident having total income. For filing income tax returns, you need to fill out forms called income tax return forms itr forms. Income tax return e filing application form online download. Filing of income tax return for ay 201516 new initiatives.
This income tax return form is not applicable for an individual or a hindu undivided family whose total income for the assessment year 2015 16, includes the income from business or. Itr form 1 the india government has introduced a simplified itr form 1 sahaj for salaried individuals, which will be applicable from the current financial year. For example, for the fy 201516, a taxpayer can file the revised return till end of next the. Dear readers there are few differences in old and new forms,the details of which we inform you later in details step by step,in the meanwhile please check all the forms above and compare it with old forms and spot the differences and send us. While filing the return care should be taken to ensure that you select correct income tax forms. If you have already filed the return, you should submit the details under filing of income tax return. The utility by default will get downloaded in your system download folder in a compressed mode zip file. Download income tax return forms for assessment year 2015 16 itr 1 sahaj, itr 2, itr 3, itr 4s sugam, itr 4, itr 5, itr 6 or itr 7.
Cbdt has notified new itr forms income tax return forms sahaj itr 1, itr 2 and sugam itr 4s for ay 2015 16. Itr form 1 sahaj is for the individuals with income from salary and interest basically those whose income is up to rs 50 lakh. Easily download the latest pdf format of itr 1 sahaj form ay 202021, itr 2 and itr income tax return 3 form for ay 201920 in a single click on blog. Open the download return preparation software excel or java utility and complete the form by entering the details using the form 16. If you can not file the return within the due date, you can still file the belated return us 9 4 upto 31. Download itr 1 itr 2 itr itr4s itr4 itr 5 itr 6 itr 7 in. I will update this section as and when the cbdt notifies the other forms. Itr1 sahaj fillable with formulas in fillable pdf finotax. Itr form 1 sahaj can be used by the following class of individuals for the. You can also choose to download it manually from the income tax website. Till the financial year 201617, you could avail of tax break on the. However, it is essential to understand the eligibility criteria for filling the itr 1 form.
Itr forms can be filed either manually or electronically, with or without digital signature, with the income tax department. How to file your income tax return using itr form1 sahaj. The income tax department has recently opened the efiling window for income tax returns itr for financial year 201718 or assessment year 201819 for persons eligible for filing the itr form 1 sahaj. Form itr 1 sahaj indian income tax return for individuals having income from salaries, one house property, other sources interest etc. How to file income tax return for salary income itr 1. Itr forms for ay 202021, download latest income tax return forms. Download sahaj itr 1, 2, 3, sugam itr4, 5, 6, 7 for. The rule 12 of the income tax rules was amended vide notification no. Note for ay 2015 16, itr 1, itr 2, itr 2a, itr 4s where returned income is grater than 5 lakhs or where refund is claimed except where the person is 80 years or more and filing itr 1, 2 or 2a and itr 3 itr 4 itr 5 itr 6 itr 7 are mandatorily required to be efiled. Form itr 1 sahaj 2 indian income tax return for individuals being a resident other than not ordinarily resident having income from salaries, one house property, other sources interest etc. Report to be furnished under subsection 4 of section 92d of the incometax act, 1961.
The new itr forms 1, 2 and 4s were notified for the assessment year 2015 16 vide said notification. This income tax return form is not applicable for an individual or a hindu undivided family whose total income for the assessment year 2015 16, includes the income from business or profession. In form itr 2 and the new form itr 2a, the main form will not contain more than 3 pages, and other information will be captured in the. Section 271j penalty on professionals for furnishing incorrect information in reports certificates. Itr1 sahaj, indian individual income tax return, pdf english. Form itr 1 sahaj 2 indian income tax return for individuals being a resident other than not ordinarily resident having total income upto rs. Which itr form to fill for tax returns for ay 2015 16. Income tax returns application form download itr online e. When you file a belated return, you are not allowed to carry forward certain losses. How to file income tax return for salary income itr 1 ay. Newly introduced form applicable from ay 201516 onwards. Apr 17, 2015 itr would become complicated for all freelancers, coders, content providers and bloggers as they do have income from sources outside india.
All about itr 1 sahaj income tax return who is eligible to use this return form. Your employer would have issued the form 16 by june 15. Hey guys this video talks about the income tax return form itr 1 sahaj which is filed by an individual having income from salary, one house property and income. Itr1 sahaj form it return and etds return software. The central board of direct taxes has notified new income tax return filing forms for 201718. In 2014, income tax department has identified additional 22,09,464 nonfilers who have done high value transactions. If not, you should pay your taxes and file the return. Jan 09, 2020 easily download the latest pdf format of itr 1 sahaj form ay 202021, itr 2 and itr income tax return 3 form for ay 201920 in a single click on blog. Please note reader can download income tax return filing utility from.
However, if you are filing income tax return online with mytaxcafe, we automatically select the type of itr applicable for you and you can be relaxed from hassles of selecting a suitable itr form. Due dates for issue of notice, intimation, notification, approval order, sanction order, filing of appeal, furnishing of return, statements, applications, reports, any other documents and time limit for completion of proceedings by the authority or investments for roll over benefit of capital gains under income tax act, wealth tax act. If your exempt income exceeds rs 5000 then you are not eligible for the itr 1 sahaj. Aug 08, 2015 everything about income tax return for ay 201516. Income tax forms for assessment year 2015 2016 is released by income tax department for assessment year 2015 2016, every person not being a co. Jul 06, 2015 download income tax return forms for assessment year 201516 itr 1 sahaj, itr 2, itr 3, itr 4s sugam, itr 4, itr 5, itr 6 or itr 7. Itr 4, for individuals, hufs and firms other than llp being a resident having total. How to file tax return for lic agent itr 4 ay 2014 15 tushar. Income tax department has issued the updated schema for itr 1 sahaj income tax return 1 for assessment year 201415 i. Income tax return form 4, which also called sugam, is filed by the taxpayers who have opted for presumptive taxation scheme under section 44ad, section 44da and section 44ae of the income tax act, 1961. The forms can be classified into two broad categories those applicable to individuals and those applicable to firms and companies. Jul 01, 2014 download the income tax return itr form applicable to you.
Return forms for assessment year 201516 income tax. This tutorial explains how to fill the income tax return form 1 for filing return. Itr 1 sahaj income tax return efiling form tax2win. Downloadable income tax returns forms by income tax department. Apr 17, 2015 income tax department has released new income tax return form vide notification 41 2015 dated 1504 2015 which may be downloaded from link given below. Please refer to our earlier alert dated 12 april 2016 for the same.
However, there are certain categories of salaried individuals who need to submit their returns through other forms like itr or itr2a. Also, do remember that as the forms have been notified without the return filing utility, the taxpayer, who is required to file the return before the previous year ends, cannot. There are different itr forms income tax forms for different categories of taxpayers. This income tax return form itr 2 is applicable for assessment year 2015 16 only, i. Income tax department has released new income tax return form vide notification 41 2015 dated 1504 2015 which may be downloaded from link given below. Download the income tax return itr form applicable to you. Jun 08, 2014 income tax forms for assessment year 2014 2015 is released by income tax department. Income tax return forms are tax authority approved document formats used to file income tax returns for all income earned during a particular financial year.
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