ITR filing for FY 2020-21: Salaried people can file ITR-1 SAHAJ, but THESE 8 type of people can't

The most basic - ITR-1 or Sahaj - is to be filled by the salaried class of taxpayers.

New Delhi: While most of us would be preparing all the paper and documents for filing of Income Tax Return (ITRs), knowing the exact ITR form for filing ITR is very important This year, taxpayers will be filing ITR for assessment year 2021-22 or FY 2020-21. The most basic - ITR-1 or Sahaj - is to be filled by the salaried class of taxpayers. The form this time seeks an assessee's details in separate fields such as allowances not exempt, profit in lieu of salary and value of prerequisites among others. This return is applicable for a Resident (other than Not Ordinarily Resident) Individual having Total Income from any of the following sources up to Rs 50 lakh: 1. Salary/Pension