Availabel Free CS Software
Enroll Now

Set up a sole ITR-1 Return Filing

  • ncome tax return filing for an individual with salary income of less than Rs.5 lakhs.

10K+ ITR-1 Return Filing Firms Registered Since 2020

proprietorship

Register ITR-1 Return Filing Firm Online through Compliance Gurukul

You can easily complete ITR-1 Return Filing firm registration online through Compliance Gurukul. For a sole ITR-1 Return Filing registration, only the PAN & Aadhaar card of the business owner is required. We can help you obtain the following registrations in less than 15 days:

  • ITR-1 Return Filing
  • Zero-Balance Business Current Account with Compliance Gurukul Software

Once, you have registered for the ITR-1 Return Filing firm registration online on Compliance Gurukul, please follow the steps below and upload the following documents by logging into Compliance Gurukul Software.

  • Step 1: Login to Compliance Gurukul Software using the email address for payment.
  • Step 2: Go to Services Tab & Select ITR-1 Return Filing Engagement
  • Step 3: Upload your PAN & Aadhar Card Copy
  • Step 4: An Compliance Gurukul Registration Expert will file the registration application with GST Department and Bank for Current Account.
  • Step 5: Access to Compliance Gurukul Software is for GST invoicing, GST filing and other services.

ITR-1 (Sahaj) Filing

ITR, or Income Tax Return, is a crucial document in which taxpayers report their income and applicable taxes to the income tax department. The Income Tax Act of 1961 outlines all the ITR forms and their procedures. Among these forms, ITR-1, often referred to as Sahaj, holds particular significance. ITR1 (Sahaj) is designed for individuals with an income of up to Rs.50 lakhs, making it applicable to most salaried individuals.

Compliance Gurukul offers a seamless and efficient solution for filing Income Tax Returns using the ITR1 form in India. Our team of experts guides you through the entire process, ensuring that you meet your tax compliance obligations effortlessly. With Compliance Gurukul' ITR 1 filing Services, you can navigate the complexities of tax submission with ease, allowing you to focus on what matters most while we handle your tax return needs. Get started today!

Show More

Documents required for Filing ITR 1

ITR Sahaj Forms are attachment-less forms. This means that taxpayers are not required to attach any documents.

However, taxpayers should retain the following documents for their records and be prepared to produce them before tax authorities if requested, particularly in situations like assessments or inquiries.

  • Form 16: Provided by all your employers for the relevant financial year.
  • Form 26AS: Ensure that the TDS details in Form 16 match those in Part A of Form 26AS.
  • Receipts: Retain receipts for exemptions or deductions (e.g., HRA allowance or Section 80C/80D deductions) not submitted to your employer on time to claim them directly on your income tax return.
  • PAN Card: Your Permanent Account Number (PAN) card is essential for identification.
  • Bank Investment Certificates: Details of interest earned from bank accounts, such as bank passbooks or fixed deposit certificates.

    • Required Details in ITR1 Form

    The ITR1 form comprises several sections, each requiring specific information for accurate completion.

  • Part A: This section captures personal information, including PAN number, age, gender, address, and communication details.
  • Part B: Information on gross total income, including earnings from salary, property, and other sources.
  • Part C: Details related to deductions under sections 80C, 80D, 80U, and 80G.
  • Part D: Tax computation, status, rebates, post-rebate taxes, TDS claims, and bank account details.

These documents must be kept for the payment and filing of income tax for sole proprietorship.

Timelines

A sole GSTR-10 firm registration can normally be done in India through Compliance Gurukul in max 2 weeks. However, the timelines for registration will vary from case to case, depending on the government and bank processing timelines.

FAQs on Filing ITR online

ITR-1 Sahaj is an income tax return form designed for individual taxpayers in India with a total income of up to Rs. 50 lakhs. It simplifies the process of filing income tax returns.

Resident individuals in India whose income is below Rs. Fifty lakhs are earned from sources like Salary, Single House Property, or Other Sources, which can file ITR Sahaj.

No, ITR-1 is specifically for resident individuals. NRIs have their own designated forms for tax filing.

The due date for filing ITR-1 Sahaj is typically July 31st of each assessment year. However, this date may vary, so checking for the latest deadline is essential.

Yes, late ITR 1 filing can result in penalties ranging from Rs. 1,000 to Rs. 5,000, depending on your total income. Additional interest may also be charged on outstanding tax liabilities.

The ITR 1 form is an annexure-less return; there is no need to attach any documents such as Form 16 or Form 26 AS with the ITR 1 form.

Start Company Registration