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ITR-1 (Sahaj) Filing Services – N D Savla & Associates
Filing your Income Tax Return (ITR-1 or Sahaj) has never been easier. At N D Savla & Associates, a trusted Chartered Accountants firm in Mumbai, we provide expert assistance for seamless, error-free, and timely ITR-1 filing for salaried individuals and pensioners.
Let our team ensure your compliance while you focus on what matters most. Whether it’s your first time filing or you’re a seasoned taxpayer, we guide you every step of the way.
What is ITR (Income Tax Return)?
An Income Tax Return (ITR) is a legal document used by individuals and businesses to report their income and taxes to the Income Tax Department of India. Filing your ITR ensures:
Transparency of your financial information
Accurate tax calculation
Timely refunds (if applicable)
Protection from penalties and legal notices
What is ITR-1 (Sahaj)?
ITR-1, also known as Sahaj, is a simplified income tax return form for resident individuals earning income up to ₹50 lakhs from the following sources:
Salary or Pension
Income from one house property
Income from other sources (interest, dividends, etc.)
Agricultural income up to ₹5,000
It’s the most commonly used ITR form among salaried employees in India.
Who Can File ITR-1?
You’re eligible to file ITR-1 if you meet the following criteria:
Resident Individual (not HUF, not Company)
Total income ≤ ₹50 lakhs
Income from:
Salary or pension
One house property
Other sources (interest, dividends, etc.)
Agricultural income (up to ₹5,000)
No income from business/profession or capital gains
Not a director in a company or investor in unlisted shares
Who Cannot File ITR-1?
ITR-1 is not applicable to:
NRIs or RNORs (Resident Not Ordinarily Residents)
Individuals earning over ₹50 lakhs
Individuals with capital gains, business income, or multiple house properties
Directors in a company
Investors in unlisted equity shares
Individuals earning from lottery, racehorses, etc.
Those claiming ESOP tax deferral or deduction under Section 194N
ITR-1 Filing Due Date for AY 2024–25
The last date to file ITR-1 for Assessment Year 2024–25 is July 31, 2025.
Extended deadline: December 31, 2025 (with late fee)
Avoid penalties—ensure timely and accurate filing with expert support.
Structure of ITR-1 Form
The ITR-1 Form is organized into 5 parts and 2 schedules:
Part A: Personal & Contact Information
Part B: Gross Total Income
Part C: Deductions (under Sections 80C, 80D, 80G, etc.)
Part D: Tax Computation and Bank Details
Part E: Other Relevant Information
Schedules:
Schedule IT: Advance tax/Self-assessment tax payments
Schedule TDS/TCS: Tax Deducted at Source
Documents Required for ITR-1 Filing
While ITR-1 is an attachment-free return, you should keep the following ready:
Form 16 (from employer)
PAN Card
Aadhaar Card
Bank Passbook / FD Interest Certificate
Form 26AS & AIS (Tax credit and income summary)
Investment Proofs (for 80C, 80D deductions)
Rent Receipts / HRA details (if applicable)
Penalties for Late ITR-1 Filing
₹5,000 penalty if income > ₹5 lakhs
₹1,000 if income < ₹5 lakhs
1% monthly interest on tax due (u/s 234A)
Prosecution risk for willful delay or non-filing
Loss of carry-forward of losses and delayed refunds
Why Choose N D Savla & Associates for ITR-1 Filing ?
As experienced Chartered Accountants in Mumbai, we offer:
Accurate ITR-1 Form Selection
Error-free Tax Computation
Timely Filing with Compliance
Support with Tax Notices, if any
Assistance with Refund Claims
Data Security & Confidentiality
Our team stays up to date with the latest Income Tax Act amendments, helping you file your return confidently and correctly.
Get Started with Expert ITR-1 Filing
Whether you’re a salaried individual, pensioner, or earning from interest income—let N D Savla & Associates handle your ITR-1 filing end-to-end. Avoid penalties, save time, and ensure full compliance.
📞 Call us today or
📩 Email your documents for a free consultation.
