Income Tax Return 1 (Salary Return) | Semantic Taxgen (OPC) Pvt. Ltd.

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Income tax Return 1 (Salary Return)

June 08, 2019

ITR 1 –Simple Return for Salary

For Individuals being a Resident (other than Not Ordinarily Resident) having Total Income upto Rs.50 lakhs, having Income from Salaries, One House Property, Other Sources (Interest etc.), and Agricultural Income upto Rs.5 thousand.

Note 1 :- (Not for an Individual who is either Director in a company or has invested in Unlisted Equity Shares)

To know more on the same you may watch our video and could understand the difference between Income tax return 1 and 2

https://www.youtube.com/watch?v=LxXuYKty_OE

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