What is Income Tax Return (ITR-1)

digitalleworld

Understand who can file ITR-1, the components of the form, the filing process (both online and offline), and important points to remember. Discover the benefits of timely and accurate filing to stay compliant and enjoy various financial advantages.

Transcript

00:00Hello friends, I am here explaining about Income Tax Return Filing, ITR-1.

00:07Income Tax Return, ITR, filing is an essential financial responsibility for individuals and

00:13entities earning income in India.

00:16Among the various forms available for filing returns, ITR-1, also known as SAHAJ, is designed

00:22for individual taxpayers.

00:25This form is relatively simple and is intended for those with straightforward income sources.

00:30Here's a comprehensive guide to understanding and filing ITR-1.

00:35Who can File ITR-1?

00:36ITR-1 is applicable for all types of entities.

Category

Transcript

Recommended