Apr 24, 2017 the central board of direct taxes has notified new income tax return filing forms for 201718. Details of tax deducted on behalf of the taxpayer by deductors details of tax collected on behalf of the taxpayer by col. This income tax return form can be filed by an individual having income up to rs 50 lakh and who is receiving income from salary one house property or has other income like. An easy to understand, single page form named sahaj itr 1 has been introduced for individual assessees whose income in the financial year 201617 has been up to rs 50 lakh, subject to certain conditions. Friends, lot of persons mainly salaried persons are waiting for itr forms for the financial year 201415 or assessment year 2015 16. You can access your income from salary from your monthly payslips that you should be receiving as. The due date for filing of income tax return is 31st july, 2015 as per income tax. Till the financial year 201617, you could avail of tax break on the.
There are 6 itr forms itr 1, itr 2a, itr 2, itr 3, itr 4s, itr4 for individuals to choose from. How to file income tax return for salary income itr 1 ay 2015 16 this tutorial explains how to fill the income tax return form 1 for filing return. Filing of income tax return for ay 201516 new initiatives. The taxpayers have to correctly choose the relevant form and file the return. Property excluding cases where loss is brought forward from previous year. Form 1 pay and file return for the income tax year 2015.
Itr 2 for individuals and hufs not having income from business or profession. The central board of direct taxes has notified new income tax return filing forms for 201718. Usually, the deadline for filing income tax return with itr 1 form. Forms to be submitted by scientific research organisations, charitable and religious organisations and charitable or religious institutions are also given. Cbdt has notified new itr forms income tax return forms sahaj itr 1, itr 2 and sugam itr 4s for ay 2015 16.
One of the itr income tax return forms are to be filled by every individual filing their income tax returns. Jan 15, 2016 the income tax department allows all pan holders to view their tax credit statement form 26as online. If your exempt income exceeds rs 5000 then you are not eligible for the itr 1 sahaj. This is easy to use excel utility, in which you can prepare the itr 1 form for filing the hard copy. The new itr forms have been released by cbdt for fy 201415 income tax returns filing. A new form itr 2a proposed which can be filed by an individual or huf who does not have capital gains, income from businessprofession or foreign assetforeign income. Income tax filing return forms for 201516 download forms india. C r sasikumar the simplicity of the income tax return form and widening of tax net are promises made by all finance ministers in the past. While filing your income tax return itr, the most confusing part for anyone is to decide which itr forms to fill. Itr 1 form individual income tax return form facilitates the filing of income tax for salaried individuals. The new itr 1 sahaj form is out for filing income tax returns and is a simplified return form for the salaried class with an income of up to rs 50 lakh only. How to download tax return and acknowledgement from tax website after return has been filed. New itr forms for ay 201516 income tax return filing. Under the download menu click on income tax return forms and choose ay 201415 for financial year 2014.
Trusts the return should be made by the trustees, estates under administration the return should be made by the personal representatives. Jul 30, 2015 new income tax return form for ay 2015 16 itr 3, itr 4, itr 5, itr 6 and itr 7 has been notified by cbdt vide notification no. How to file income tax return for salary income itr 1. Itr 1 or sahaj easy is a form that caters to the salaried taxpayer. How to download itr income tax return for previous year from income tax. For individuals being a resident other than not ordinarily resident having total income upto rs. The income tax department never asks for your pin numbers, passwords or similar access information for credit cards, banks or other financial accounts through email the income tax department. Income tax return forms for assessment year 201516 guide. How to file income tax returns form1 sahaj online how to. Trusts the return should be made by the trustees, estates under administration the return. Apr 01, 2020 the income tax return itr forms for the assessment year a. As you already know income tax return filing is done by way of submitting the income tax form to the income tax department.
Download sahaj itr 1, 2, 3, sugam itr4, 5, 6, 7 for a. The income tax department never asks for your pin numbers, passwords or similar access information for credit cards, banks or other financial accounts through email the income tax department appeals to taxpayers not to respond to such emails and not to share information relating to their credit card, bank and other financial accounts. However, it is essential to understand the eligibility criteria for filling the itr 1 form. Income tax filing return forms for 201516 download. All rights reserved site last updated on 1604 2020.
This tutorial explains how to fill the income tax return form 1 for filing return. Download itr forms pdf and fillable forms for financial year 201415 like itr1, itr2, itr2a, itr4s. Easily download the latest pdf format of itr 1 sahaj form ay 202021, itr 2 and itr income tax return 3 form for ay 201920 in a single click on blog. This form is not appropriate for business professionals. Itr form 1 sahaj also covers assets and liabilities of a taxpayer. The due date of filing the itr1 form for the financial year 201516 is 31 july, 2016. Reference, income tax return form no, brief details as to who can use this form. Form itr 1 sahaj indian income tax return for individuals having income from salaries, one house property, other sources interest etc. Who can use form itr 1 sahaj for assessment year 2015 16 i. For example, for the fy 201516, a taxpayer can file the revised return till end of next the. Deductions and required supporting documents, individual income tax return. Report your income and claim tax reliefs and any repayment due to you using the sa100 tax return. Form itr 1 or sahaj derived from the hindi word meaning easy is the most commonly used form for filing income tax returns.
Surcharge at the rate of 15% continues in respect of individuals with income. Itr1 sahaj form it return and etds return software. The due date for filing of income tax return is 31st july, 2015 as per income tax act. Itr 1, for individuals being a resident other than not ordinarily resident. Due date to file income tax return assessment year 201516. For individuals being a resident other than not ordinarily resident having total. Section 206c 1a of income tax act, 1961 states that a declaration must be made by a buyer for taking goods without tax collection. Itr 1 what is itr 1 how to file itr 1 form online paisabazaar. Itr 1 sahaj individual income tax return ay 2015 16.
As per the new directive, this year income tax assesses have to file income tax return on or before 31 st aug, 2015. Itr forms for ay 202021, download latest income tax return forms. Income tax department has issued the updated schema for itr 1 sahaj income tax return 1 for assessment year 201415 i. Itr1 sahaj fillable with formulas in fillable pdf finotax. For downloading form itr1, a taxpayer needs to follow the below mentioned steps. More details of salary and house property income old itr form. Income tax return for financial year 2014 for period 1stapril 20 31st march 2014. You can also choose to download it manually from the income tax website. Itr 1 sahaj for ay 201819 and ay 201718 with tax calculation formulas itr i sahaj income tax return form for ay 201718 with formulas for auto calculation of income tax in fillable pdf about forms. Subsequently, instructions for filing itr forms were issued and the software utility for efiling of all the itr forms were also released. Itr form 1 sahaj can be used by the following class of individuals for the financial year 201516 i. Dear readers there are few differences in old and new forms,the details of which we inform you later in details step by step,in the meanwhile please check all the forms above and compare it with old forms.
If the return is furnished in paper form, the acknowledgementitrv should be duly filed. It is the complete data about the incomes and investments of a person in a financial year. Apr 11, 2020 as you already know income tax return filing is done by way of submitting the income tax form to the income tax department. Get various income tax returns itr forms provided by income tax department, department of revenue. The last date to file tax returns has been extended till 31st august, 2015. Download income tax return forms for assessment year 2015 16 itr 1 sahaj, itr 2, itr 3, itr 4s sugam, itr 4, itr 5, itr 6 or itr 7. Deductions, supporting documents, income tax, return, individual. How to file income tax returns form1 sahaj online how. The new itr forms 1, 2 and 4s were notified for the assessment year 2015 16 vide said notification. Do you have to file income tax return for ay 201516. Download income tax returns itr forms national portal. The income tax department every year releases different types of itr forms.
Itr 1 form is also referred as sahaj form, is designed for the salaried person to file income tax return with. The rule 12 of the income tax rules was amended vide notification no. How to file income tax return online ay 2015 16 youtube. Itr1 form is also referred as sahaj form, is designed for the salaried person to file income tax return with. This return form is to be used by an individual whose total income for the assessment year 2015 16 includes. The advent of online income tax return filing websites and the income. If the applicable form is itr 1 you can complete the process on the portal itself, submitting the details online by using the quick efile itr. In form itr 2 and the new form itr 2a, the main form will not contain more than 3 pages, and other information will be captured in the. Income tax return forms itr these are forms for various categories of people showing the tax liability. It is tax season and taxpayers are preparing to submit their annual income tax return itr for the financial year 201718 or assessment year 201819 to the income tax. This excel utility is prepared for preparation of income tax return itr 1 for the assessment year 2015 16. Cbdt has notified income tax return itr forms for ay 2015 16. Jun 30, 2015 how to file income tax return online ay 2015 16.
Under the download menu, click on income tax return forms and choose ay 2015 16 for financial year 201415. Itr 4s sugam presumptive business income tax return ay 2015 16. The itr1 form, also called sahaj meaning easy in hindi, is the income tax return form for salaried individuals i. Download income tax returns itr forms national portal of. Expenditure on csr activities to be shown in itr 6. The post gives you the details of how to choose the right itr form.
Aug 08, 2015 everything about income tax return for ay 201516. Income tax department has released new income tax return form vide notification 41 2015 dated 1504 2015 which may be downloaded from link given below. Income tax return forms for assessment year 201516. A comprehensive guide to understanding the itr1 sahaj form. Income tax filing can be defined as the procedure by which itr is filed. Itr 1 sahaj download for ay 201617 who can use itr 1. May 01, 2015 the twopage form, introduced in 2009, has undergone several changes and remains far from being simple. Download income tax forms form 16 a, itr forms etc. Shortly income tax return filing will commence for ay 2015 16, returns will be filed for income earned in the financial year that started on 1st april 2014 and ended on 31st march.
It is an extended version of itr1 and a trimmed version of itr2. Form 16 is an income tax form issued under section 203 of the it act for tax deducted at source from an employees salary. However the schema for xml ereturn generation is still awaited. Itr 1 return form is to be used by an individual who is a resident other than not ordinarily resident, whose total income for the assessment year 201920 does not exceed rs.
Jul 01, 2014 the tds as per your form 16 must tally with the figures in the form 26as. Income tax return itr forms for financial year 2014 15 assessment year 2015 16 last date for filing. Download the income tax return itr form applicable to you. All about income tax returns itr updated for financial year 201415 assessment year 2015 16 and frequently asked questions relating to filing of online income tax return and manual itr income tax return has to be filed by an individual who has total taxable income exceeding rs.
Submit duly completed form by print or electronically along with a digital signature, and by submitting barcoded return. New itr forms for ay 201516 for income tax return filing. Cbdt has notified new itr forms sahaj itr1, itr2 and sugam itr4s for ay 201516. The utility by default will get downloaded in your system download folder in a compressed mode zip file. These deductions are current as of tax year 2014, except where otherwise stated. Page 1 form 1 tax return and selfassessment for the year 2015 relating to taxes on income and capital gains this return form is for use by. After lot of discussion income tax department has finally released income tax returns itr forms for the assessment year 2015 16. Sep 21, 2016 itr is income tax return and you have to file when you have income, depending on the slab stated by the government of india. However, there are certain categories of salaried individuals who need to submit their returns through other forms like itr or itr. How to get income tax return details for the last 3 years in.
The tutorial besides explaining how to fill the itr 1 sahaj formalso helps explain. These forms were revised after outrage from tax payers and are suppose to be simpler in the whole simplification process, income tax department have introduced an additional form itr 2a in addition to the existing itr forms itr 1, itr 2, itr 3, itr 4, itr 4s, itr 5 and itr 6. Itr 1 sahaj income tax return 1 form is essential for filling the income tax returns with the income tax. Details of tax deducted at source from salary as per form 16.
Which itr form to fill for tax returns for ay 201516. As the name implies, itr 1 is the simplest of forms to be filled online. How to file your income tax returns with itr1 sahaj form. It is tax season and taxpayers are preparing to submit their annual income tax return itr for the financial year 201718 or assessment year 201819 to the income tax department. Here are the steps you can take to file your it returns without a form 16. Itr form 1 sahaj is for the individuals with income from salary and interest basically those whose income is up to rs 50 lakh. How to file income tax return for salary income itr 1 ay 2015 16. Itr is income tax return and you have to file when you have income, depending on the slab stated by the government of india. If the return is filed after the due date but before december 31, one will pay. Cracking the form in tax reform india news,the indian express. Form description microsoft excel java instructions. May 31, 2015 income tax return forms itr 1, 2 and 4s simplified for convenience of the tax payers. Download free major itr forms for financial year 201415 itr1. Itr 1, for individuals being a resident other than not ordinarily resident having total income upto rs.
If you are looking to file income tax return for fy 201516, then continue reading below. How to efile your income tax returns in itr1 without a form 16. Users can download itr form1, itr form2, itr form3, itr form4, itr form5, etc. If the applicable form is itr 1 you can complete the process on the portal itself, submitting the details online by using the quick efile itr link. Itr 1 form commonly known as sahaj is one such form. Itr 1 sahaj income tax return efiling form tax2win. Due date of filing income tax return for the ay 2015 16 has been extended by cbdt from 31st july 2015 to 31st august 2015. Here is a stepbystep procedure to download the itr forms. Apr 09, 2018 the central board of direct taxes cbdt has notified the income tax returns itr for financial year 201415 assessment year 2015 16. Sahaj stands for easy in hindi and any salaried person including pensioners, family pension holder and person earn income by interest can use this form to file itr. There are many queries related to itr 1 like itr 1.
The income tax department has finally come out with new forms for filing income tax returns for ay 2015 16. This income tax return form can be filed by an individual having income up to rs 50 lakh and who is receiving income from salary one house property or has other income like bank. If you can not file the return within the due date, you can still file the belated return us 94 upto 31. The new itr1 sahaj form is out for filing income tax returns and is a simplified return form for the salaried class with an income of up to rs 50 lakh only. Return forms for assessment year 201516 income tax. Income tax return itr itr filing, itr forms bankbazaar. Different itr forms are notified by the tax department depending on the source of your income. Users can download itr form 1, itr form 2, itr form 3, itr form 4, itr form 5, etc. An easy to understand, single page form named sahaj itr 1 has been introduced for individual assessees whose income. How to use form 16 to file tax return for salary income itr 1 ay 2014 15 duration. Feb 23, 2017 hey guys this video talks about the income tax return form itr 1 sahaj which is filed by an individual having income from salary, one house property and income from other sources excluding. Aadhaar number and passport number is now mandatory. Note for ay 2015 16, itr 1, itr 2, itr 2a, itr 4s where returned income is grater than 5 lakhs or where refund is claimed except where the person is 80 years or more and filing itr 1, 2 or 2a and itr 3 itr 4 itr 5 itr 6 itr 7 are mandatorily required to be efiled.
615 956 1571 1598 1082 837 801 1120 1415 883 323 131 228 1296 1382 202 1468 1012 1204 848 853 753 1033 418 57 1228 1039 294 653 170 976 435 1378 877