Income tax returns AY2017-18: new one-page ITR-1 (Sahaj) for individuals with income up to Rs.50 lakh, simplified filing. Notification introduces a one-page simplified ITR-1 (Sahaj) for individuals with total income up to Rs.50 lakh from salary, one house property and other sources; rationalises tax computation and deduction parts; reduces number of ITR forms through consolidation and renumbering; requires electronic filing of all notified forms while permitting limited paper filing for elderly taxpayers (age 80) and individuals/HUFs with income Rs.5 lakh and no refund claimed.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Income tax returns AY2017-18: new one-page ITR-1 (Sahaj) for individuals with income up to Rs.50 lakh, simplified filing.
Notification introduces a one-page simplified ITR-1 (Sahaj) for individuals with total income up to Rs.50 lakh from salary, one house property and other sources; rationalises tax computation and deduction parts; reduces number of ITR forms through consolidation and renumbering; requires electronic filing of all notified forms while permitting limited paper filing for elderly taxpayers (age 80) and individuals/HUFs with income Rs.5 lakh and no refund claimed.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
