Learn How to File Income Tax Return? CA Naveen Wadhwa
DGM, Research & Advisory, Taxmann
© Taxmann
1
© Taxmann
Who can file ITR-1?
2
Income
ITR 1
Salary Income up to Rs. 50 lakhs
Pension or Family Pension
One House Property
Dividend or Interest
Capital Gains
Business or Professional Income
© Taxmann
3
ITR 2
ITR 3
2
© Taxmann
Who can’t file ITR-1?
4
Income
ITR 1
ITR 2 or 3
Non-Resident or Not-ordinarily Resident
HUF
Director of a company
Total income exceeds Rs. 50 lakhs
Income from 2 or more house properties
Invested in unlisted companies
Foreign income, assets or accounts
Agriculture Income exceeding Rs. 5,000
Brought forward or carried forward losses
© Taxmann
5
3
© Taxmann
How to file ITR-1?
6
Overview of ITR-1 Filing • Login to Incometax.gov.in • Check AIS • Configuration of ITR-1 • Fill the Schedules • Validation of ITR • Filing & E-Verification of ITR
© Taxmann
7
3
© Taxmann
Login to Incometax.gov.in
8
© Taxmann
9
© Taxmann
10
© Taxmann
11
3
© Taxmann
Check AIS
12
© Taxmann
13
© Taxmann
14
© Taxmann
15
© Taxmann
16
© Taxmann
17
© Taxmann
18
3
© Taxmann
Configuration of ITR 1
19
© Taxmann
20
© Taxmann
21
© Taxmann
22
© Taxmann
23
© Taxmann
24
© Taxmann
25
© Taxmann
26
© Taxmann
27
© Taxmann
28
3
© Taxmann
Fill the Schedules
29
© Taxmann
30
Personal Information •
Profile (i.e., Name, PAN, Aadhaar, Date of Birth).
•
Contact Details (Mobile Number, Email Id, and Address).
•
Nature of Employment (Employed or Pensioner with Central Govt., State Govt., PSU or Others).
•
Filing Section (Section under which return is filed, Opting for Alternate Tax Regime or filing return under the seventh proviso to section 139(1)).
•
Bank Details.
© Taxmann
31
© Taxmann
32
© Taxmann
33
© Taxmann
34
© Taxmann
35
© Taxmann
36
© Taxmann
37
© Taxmann
38
© Taxmann
39
© Taxmann
40
© Taxmann
41
© Taxmann
42
© Taxmann
43
© Taxmann
44
© Taxmann
45
© Taxmann
46
© Taxmann
47
© Taxmann
48
© Taxmann
49
3
© Taxmann
Validation of ITR
50
© Taxmann
51
3
© Taxmann
Filing & Verification of ITR
52
© Taxmann
53
© Taxmann
54
© Taxmann
55
Any questions ? You can send your queries at connect@taxmann.com
© Taxmann
56