income tax returns

E-filing of income tax returns ITR-1 and ITR-4 for FY 2016-17 have begun at income tax official website incometaxindiaefiling. gov.in. Now You have facility for e-filing ITR-1(Sahaj) and ITR-4(sugam)

The senior officer of income tax department said the other five ITR’s would be soon activated for filling on the e-portal

The central board of direct taxes has launched all  ITR’s for AY-2017-18 including the one page ITR-1 for salaried class and people having income from one house and interest totalling upto Rs 50 lakhs.

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Various parts of ITR form 1 Sahaj namely parts relating to tax computation and tax deductions have been rationalised and simplified for easy compliance. They also declared there is no change in the manner of filling IT forms as compared to last year.

However this all ITI forms have to be filled electronically. Persons who are above age 80 years and individual or HUF whose income not more than Rs 5 lakh and who has not claimed any refund in the return of income will have an option to file return in paper form

The ITR forms are available at the official website, so people can visit this website to complete their E-filing process.

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