Question 1

Who is eligible to file ITR-1 (Sahaj) in India?

Accepted Answer

ITR-1 is for resident individuals who have a total annual income up to ₹50 Lakhs from salary or pension, one single house property, other sources (such as bank interest, fixed deposits, or family pension), and agricultural income up to ₹5,000. Our tax experts review your Form 16 and AIS to confirm whether ITR-1 is the correct form for you.

Question 2

Can I file ITR-1 if I have capital gains from shares, mutual funds, or crypto?

Accepted Answer

No. If you have any capital gains or losses from selling shares, mutual funds, gold, property, or virtual digital assets (crypto), you are strictly prohibited from using ITR-1 and must file ITR-2 or ITR-3 instead. Filing ITR-1 with unreported stock trades will trigger a Section 139(9) defective return notice. TaxQue identifies this automatically and routes you to the proper ITR.

Question 3

What is the statutory due date for filing my ITR-1 return?

Accepted Answer

The statutory deadline for non-audit individual taxpayers is 31st July of the assessment year (e.g., 31st July 2026 for AY 2026-27). If you miss the July deadline, you can still file a Belated Return under Section 139(4) by 31st December (31st December 2026 for AY 2026-27), subject to a late fee under Section 234F.

Question 4

What are the penalties if I miss the 31st July ITR filing deadline?

Accepted Answer

Under Section 234F, missing the 31st July due date incurs a mandatory statutory late filing fee of ₹5,000 (reduced to ₹1,000 if your total income does not exceed ₹5 Lakhs). Additionally, you will be charged 1% per month interest on any unpaid tax balance under Section 234A. TaxQue files your return well in advance to prevent all penalties.

Question 5

Who will prepare and file my ITR-1 return at TaxQue?

Accepted Answer

Your return is prepared by a dedicated tax expert and personally verified by a practicing Chartered Accountant. We do not leave your return to unassisted automation; a CA verifies your deductions, checks AIS/TIS figures, and ensures zero calculation errors.

Question 6

How do I choose between the New Tax Regime and the Old Tax Regime for ITR-1?

Accepted Answer

The New Tax Regime (Section 115BAC) is the default regime with lower tax slab rates but allows only limited deductions such as the ₹75,000 standard deduction for salaried taxpayers. The Old Regime has higher slab rates but allows Chapter VI-A deductions (80C, 80D, HRA, home loan interest). Our tax optimizer automatically compares both regimes against your income to recommend the option that gives you the highest refund.

Question 7

What documents do I need to share to file ITR-1?

Accepted Answer

You only need your Form 16 from your employer, your PAN card, Aadhaar card, bank statements showing interest earned, and proof of any tax-saving investments (like 80C, health insurance 80D, or home loan interest certificate) if opting for the Old Regime. You can upload them in seconds on our portal.

Question 8

What is AIS and TIS, and why must they match my ITR-1?

Accepted Answer

The Annual Information Statement (AIS) and Taxpayer Information Summary (TIS) reflect all financial transactions reported to the Income Tax Department by banks and employers, including savings interest, dividend receipts, and high-value credit card spends. Failing to report bank interest shown in AIS triggers automated scrutiny notices under Section 143(1)(a). We reconcile AIS before filing.

Question 9

Can I claim a refund for excess TDS deducted by my employer or bank?

Accepted Answer

Yes. If the total TDS deducted from your salary or bank interest exceeds your actual calculated tax liability, filing ITR-1 is the only legal way to claim your refund. The Income Tax Department credits the refund amount with interest under Section 244A directly to your pre-validated bank account.

Question 10

Can I file ITR-1 if I have multiple Form 16s from changing jobs in the year?

Accepted Answer

Yes, but you must be careful. When you switch employers in a single financial year, both employers often apply the basic tax exemption and standard deduction, leading to double-counting and short-deducted TDS. TaxQue consolidates all Form 16s, recalculates your combined tax liability, and prevents unexpected tax demand notices.

Question 11

Is e-verification mandatory after filing ITR-1?

Accepted Answer

Yes. After filing your return, you must e-verify it within 30 days using Aadhaar OTP, NetBanking, or Demat account. If not e-verified within 30 days, your return is treated as invalid and non-existent under tax law. TaxQue helps you complete instant Aadhaar OTP e-verification.

Question 12

Can I file ITR-1 if I am a Director in a company or hold unlisted equity shares?

Accepted Answer

No. Under Rule 12 of Income Tax Rules, any individual who is a Director in an Indian company or who held unlisted equity shares at any time during the previous year cannot file ITR-1 and must file ITR-2 or ITR-3. TaxQue verifies your directorship status before choosing your form.

Question 13

What if I discover an error after my ITR-1 is already filed?

Accepted Answer

Under Section 139(5), you can file a Revised Return at any time before 31st December of the assessment year (or before completion of assessment) without paying any penalty. TaxQue files your revised return seamlessly.

Question 14

How long does it take for the Income Tax Department to process my ITR-1 refund?

Accepted Answer

Once e-verified, standard ITR-1 returns are processed by the Centralized Processing Centre (CPC) within 10 to 30 days, after which the refund is credited directly via ECS into your pre-validated bank account. We track your CPC intimation until your refund arrives.

Question 15

Can an NRI (Non-Resident Indian) file ITR-1?

Accepted Answer

No. ITR-1 is strictly reserved for Resident and Ordinarily Resident (ROR) individuals. NRIs and RNOR individuals must file ITR-2 even if their only Indian income is from salary or bank interest. We guide NRIs on the appropriate foreign asset schedules.

Question 16

What post-filing support does TaxQue provide for ITR-1?

Accepted Answer

We verify your official Section 143(1) Intimation Order upon CPC processing, check refund computation accuracy, and assist with any rectification requests under Section 154 at zero additional charge.

Feature & Deliverable Matrix	Basic	Standard★ Most Popular	Premium
ITR-1 eligibility & income-source verification	✓	✓	✓
Salary or pension income computation from supplied records	✓	✓	✓
Form 16/Pension statement, AIS & Form 26AS matching	✓	✓	✓
Eligible deductions, rebate & income tax computation	✓	✓	✓
ITR-1 e-filing, verification guidance & acknowledgement	✓	✓	✓
Old vs new income tax regime comparison	—	✓	✓
Savings, FD interest & eligible other-source income review	—	✓	✓
HRA, 80C, 80D & other eligible deduction checks	—	✓	✓
One Form 16, AIS or TDS mismatch clarification round	—	✓	✓
Multiple employer Form 16 consolidation	—	—	✓
One house property's rental & home-loan interest workings	—	—	✓
Multi-employer salary & TDS reconciliation	—	—	✓
One pre-filing computation review & clarification call	—	—	✓

Information group	Examples	Preparation note
Identity and bank account	PAN, Aadhaar, contact details, bank accounts and e-verification access.	Ensure the selected bank account is valid and pre-validated if required.
Salary and pension	Form 16, salary slips, pension statements and employer details.	Match salary and TDS values to Form 26AS and AIS/TIS.
House property and other income	Rent, municipal tax, home-loan interest, savings/deposit interest and dividend records.	AY 2026-27 allows eligible reporting of up to two house properties; check form conditions.
Capital gains and deductions	Section 112A transaction statements (within the limit), deduction proofs and eligible tax-saving records.	Confirm capital-gains amount and all other ITR-1 exclusions before use.
Tax credits and payments	Form 26AS, AIS/TIS, TDS certificates, advance-tax and self-assessment tax receipts.	Reconcile tax paid, refunds and credits before filing.

Milestone	What determines it	Important note
Original return	31 July 2026 for the usual non-business individual category.	Check for any category-specific extension or statutory exception.
Belated return	Generally by 31 December 2026 or before completion of assessment, whichever is earlier.	Late filing fee and interest may apply.
Revised return	Generally by 31 March 2027 or before completion of assessment, whichever is earlier.	Check any additional fee under section 234I for a revised return after 31 December 2026.
AY 2026-27 eligibility	Current ITR-1 form allows specified income and up to two house properties for eligible filers.	Use the notified form and review all exclusions.
Verification	E-verify the return within the prescribed time and monitor processing status.	Retain acknowledgement and respond promptly to any defective-return communication.
Capital gains and income limits	ITR-1 permits section 112A LTCG up to ₹1.25 lakh for otherwise eligible taxpayers in AY 2026-27.	ITR-1 total-income cap and exclusions still apply; verify the current form.

Service element	TaxQue process	What the client can verify
ITR-1 (Sahaj)	Simplified return for eligible resident individuals with permitted income and disclosures.	₹50 lakh ceiling; up to two houses and capped section 112A gains for AY 2026-27.
ITR-2	Individuals/HUFs not eligible for ITR-1 and without business income requiring ITR-3.	Detailed capital-gains, property, foreign-asset and related disclosures.
ITR-3	Individuals/HUFs with business or professional income or other circumstances requiring ITR-3.	Business/professional income generally excludes ITR-1 eligibility.
Assessment year	AY 2026-27 reports FY 2025-26 income under the 1961 Act.	Choose the correct year and current notified return form.

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ITR-1 Sahaj Filing

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ITR-1 (Sahaj) Filing for Eligible Resident Individuals

What is ITR-1 Sahaj Filing?

Check the official form before choosing ITR-1

How to Get Started

1. Confirm the taxpayer fits ITR-1

2. Reconcile income and tax records

3. Review, file and verify

Documents Required for ITR-1 Sahaj Filing

ITR-1 Filing Dates and Current AY 2026-27 Rules

ITR-1 Eligibility Limits and Form Conditions

Why Choose ITR-1 Sahaj Filing

Eligibility checked before filing

Income and tax data reconciled

Reviewable return and follow-up

Who Can File ITR-1 for AY 2026-27

1All current form tests must be satisfied

ITR-1 vs ITR-2 vs ITR-3

ITR-1 (Sahaj) Income Tax Return Preparation

AY-specific eligibility check

Income and tax-credit reconciliation

Draft, submit and verify

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