InvestorQ : What are the documents required to file ITR-1?
Manish Mehta made post

What are the documents required to file ITR-1?

Answer
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1 year ago


Income tax return (ITR) is a tax form that is used by an Indian citizen to file income tax with the Income Tax Department. The ITR is a worksheet which has the details of the income figures that are used to calculate one’s tax liability. Thus, this ITR sheet itself can give the details of how much one needs to pay the Income Tax Department.

Different individuals, based on their income sources, have to file different ITRs with the Income Tax Department.

The ITR-1 is filed by individuals who have a total income of up to Rs 50 lakh. The income coming from salary, one house property, other sources (like interest), and agricultural income up to Rs 5,000 are considered.

The documents required for filing ITR-1 are:

- PAN

- Aadhaar

- Form 16 issued by the employer

- Form 26AS from TRACES