ITR-1 (Sahaj) Filing

ITR-1 is suitable if you're a resident individual with total income up to ₹50 lakhs from sources like salary, one house property, and other sources (except lottery winnings or gambling income). If you have income from business, multiple properties, capital gains, or foreign sources, you'll need to file a different ITR form. Our experts can help you determine the correct form based on your income sources.

For the financial year 2024-25 (assessment year 2025-26), the deadline for filing ITR-1 is typically July 31, 2025. However, the Income Tax Department may extend this deadline. It's advisable to file your return early to avoid last-minute rush and potential website issues.

Once you provide all necessary documents, we typically complete the ITR-1 filing process within 2-3 business days. This includes document verification, tax computation, expert consultation, and e-filing. You'll receive the acknowledgment receipt as soon as the filing is complete.

Yes, if you've paid more tax than your actual liability, you'll receive a refund from the Income Tax Department. The refund process typically takes 2-3 months after your return is processed. Our experts ensure that all your tax credits (TDS, TCS, advance tax) are properly claimed in your return to facilitate accurate refund processing.

If you miss the deadline, you can still file a belated return within specific time limits, usually by December 31 of the assessment year. However, filing late comes with consequences like late filing fees (up to ₹5,000), interest on any tax due, and loss of certain carry-forward benefits. We recommend filing within the deadline to avoid these penalties.