Question 1

How do I submit my ITR 1 returns online?

Accepted Answer

Online ITR 1 returns can be filed by sending the data electronically, followed by sending the Form ITR 1 return verification to the CPC Bengaluru. Through online return submission, followed by e-verification of the ITR 1 by net banking, Aadhar OTP, or EVC. If the ITR 1 is filed online, the registered person will get an email acknowledging receipt of the submission. The ITR can be downloaded without much hassle from the online website.

Question 2

ITR 1 is an annexure-less structure, right?

Accepted Answer

Yes, there is no necessity for additional paperwork, such as Form 16 or Form 26 AS, because the ITR 1 form is an annexure-free return.

Question 3

Can someone on a salary file an ITR 1?

Accepted Answer

Salaried workers must use ITR-1 to file their income tax returns if their collective income is up to ₹50,000. Here, earnings and revenue under the sector of 'Income from Additional Sources' are included in the total income. However, an assessee cannot have extra than one residential estate in order to file an ITR-1.

Question 4

Who is not capable of filing form ITR 1?

Accepted Answer

An individual with an income above ₹50 lakh. A someone who is either a director of a company or has carried any unrecorded capital lots at any time during the economic year. Citizens not ordinarily resident and non-residents.