📌 What Is ITR-1 (Sahaj)?
ITR-1 (Sahaj) is a simplified income tax return form for individuals with income up to ₹50 lakh from salary, one house property, or other sources (like interest). It's the most commonly used form by salaried employees and pensioners.
✅ Who Is Eligible to File ITR-1 for AY 2025-26?
You can file ITR-1 if:
Your total income is ≤ ₹50 lakh
Income is from:
👨💼 Salary or pension
🏠 One house property (except loss carryforward)
💰 Interest, FD, or other sources (not from business or profession)
You are a resident Indian and not an HUF
❌ Who Cannot Use ITR-1?
Total income above ₹50 lakh
More than one house property
Capital gains, foreign income/assets
Income from freelancing, business, profession
Directors in a company or those holding unlisted shares
📂 Documents Required for ITR-1 Filing
Keep these handy:
🧾 Form 16 (from employer)
💳 PAN Card, Aadhaar Card
🏦 Bank account details
🏠 Home loan interest certificate (if applicable)
📄 Interest certificates from banks or FDs
🧮 Form 26AS & AIS (Annual Information Statement)
🔄 How to File ITR-1 Online for FY 2024-25 (AY 2025-26)
Login to https://incometax.gov.in
Go to e-File → Income Tax Return → File Income Tax Return
Select:
AY 2025–26
Online Mode
ITR Form: ITR-1
Pre-filled data will be auto-loaded. Verify and edit if required.
Add any additional income, deductions, or tax-saving investments.
Preview & submit
E-verify via Aadhaar OTP, net banking, or EVC.
🆕 Key Changes in ITR-1 (AY 2025-26)
✅ AIS Integration: More cross-verification with pre-filled Annual Information Statement
⚠️ Higher scrutiny for non-disclosure of interest or rent income
⏱️ Updated timelines: Ensure you file before July 31, 2025, to avoid penalties
💼 NPS Tier 1 deductions under 80CCD(1B) now auto-highlighted in some cases
❓ FAQs
🔹 Can I file ITR-1 without Form 16?
Yes, as long as you have salary details and Form 26AS/AIS, you can file without Form 16.
🔹 Do I need to report exempt income?
Yes, exempt incomes (like PF, PPF interest, or gifts) must be reported under Schedule Exempt Income.
🔹 What happens if I file after July 31, 2025?
Late filing will attract:
₹5,000 penalty under Section 234F
Interest under 234A, 234B, 234C
🔹 Is ITR-1 applicable for freelancers?
No. Freelancers must use ITR-3 or ITR-4, depending on presumptive income applicability.
Published on :July 18th
Published by : Kaushik
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