{"id":12568,"date":"2020-08-28T12:26:10","date_gmt":"2020-08-28T06:56:10","guid":{"rendered":"https:\/\/swaritadvisors.com\/learning\/?p=12568"},"modified":"2020-08-28T12:26:17","modified_gmt":"2020-08-28T06:56:17","slug":"form-itr-1-sahaj-form","status":"publish","type":"post","link":"https:\/\/swaritadvisors.com\/learning\/form-itr-1-sahaj-form\/","title":{"rendered":"Form ITR 1: Changes made for the Assessment Year 2020-2021"},"content":{"rendered":"\n

The term \u201cForm ITR 1<\/em><\/strong>\u201d denotes an Income Tax Form filed by the individuals<\/em><\/strong> who are Resident other than Not Ordinarily Resident <\/em><\/strong>and having Annual Income up to Rs 50 lakhs<\/strong><\/em>. The term \u201cAnnual Income<\/em><\/strong>\u201d includes income from the following:<\/p>\n\n\n\n

  1. Salaries;<\/li>
  2. Agricultural\nIncome up to Rs 5000;<\/li>
  3. House Property;\nand<\/li>
  4. Other Sources<\/li><\/ol>\n\n\n\n

    Further, another name of this form is \u201cSahaj<\/strong><\/em>\u201d. Moreover, it shall be significant to note that submitting PAN Card and Aadhar Card details<\/strong><\/em> have now been made compulsory<\/strong><\/em> by the Income Tax Department<\/em><\/strong>.<\/p>\n\n\n\n

    In this article, we will discuss in detail the changes made <\/strong><\/em>by the IT Department<\/strong><\/em> in Form ITR 1<\/em><\/strong>, together with the procedure for filing it<\/strong><\/em>.<\/p>\n\n\n\n

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    Table of Contents<\/p>\n