Question
ITR-1 (SAHAJ)
Answer :
Word Count : 248
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ITR-1, also known as SAHAJ, is one of the simplest income tax return forms prescribed by the Income Tax Department of India for individual taxpayers. It is applicable to resident individuals whose total income does not exceed ₹50 lakh during the financial year. This form is designed for taxpayers who earn income from salary or pension, one house property, and income from other sources such as interest from savings accounts or fixed deposits. However, it cannot be used by individuals who are directors in a company, have
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