Expert Income Tax Return Filing
Filing your Income Tax Return has never been easier. At N D Savla & Associates,
we provide professional assistance for seamless, error-free, and timely
ITR-1 filing for salaried individuals and pensioners.
Let our team ensure your compliance while you focus on what matters most.
Whether it is your first time filing or you are a seasoned taxpayer,
we guide you every step of the way.
What is ITR?
An Income Tax Return (ITR) is a legal document used by individuals
and businesses to report their income and taxes to the Income Tax
Department of India. Filing your ITR ensures transparency of
financial information, accurate tax computation, timely refunds,
and protection from penalties.
What is ITR-1 (Sahaj)?
ITR-1, also known as Sahaj, is a simplified income tax return form
for resident individuals earning income up to ?50 lakhs from:
salary or pension, income from one house property, and income
from other sources such as interest or dividends.
Who Can File ITR-1?
- Resident Individual (not HUF, not Company)
- Total income less than or equal to ?50 lakhs
- Income from salary or pension
- Income from one house property
- Income from other sources like interest
- Agricultural income up to ?5,000
- No income from business, profession, or capital gains
- Not a director in a company
Who Cannot File ITR-1?
- NRIs or RNORs
- Individuals with capital gains
- Persons with business or professional income
- Individuals owning multiple house properties
- Directors in a company
- Investors in unlisted shares
- Income from lottery or racehorses
ITR-1 Filing Due Date for AY 2024-25
Last date to file ITR-1: July 31, 2025
Extended deadline with late fee: December 31, 2025
Documents Required for ITR-1 Filing
- Form 16 from employer
- PAN Card
- Aadhaar Card
- Bank interest certificates
- Form 26AS and AIS statements
- Investment proofs for deductions
- Rent receipts wherever applicable
Penalties for Late Filing
- ?5,000 penalty if income above ?5 lakhs
- ?1,000 penalty if income below ?5 lakhs
- Interest on tax due
- Loss of carry-forward of losses
- Delayed refunds
Why Choose N D Savla & Associates
Accurate Tax Computation
Correct calculation of income and deductions.
Timely Compliance
Return filed within statutory timelines.
Data Security
Confidential handling of financial information.
Notice Support
Assistance with income tax notices if any.
Refund Assistance
End-to-end tracking of tax refunds.
Professional Guidance
Step-by-step support for first-time taxpayers.
FAQs – ITR-1 Filing Services
- Who is eligible for ITR-1?
Resident individuals earning up to ?50 lakhs without business or capital gains.
- Can ITR-1 be filed without attachments?
Yes, it is an attachment-free return form.
- Do you assist with TDS and refunds?
Yes, complete assistance is provided.
- Can you file ITR-1 for pensioners?
Yes, we handle filing for pension income.