TaxTMI 
TaxTMI 
Income-tax (Thirtieth Amendment) Rules, 2023 - New ITR forms - Form ITR-1 SAHAJ and Form ITR-4 SUGAM
X X X X Extracts X X X X
X X X X Extracts X X X X
.... (i) for Form ITR-1 SAHAJ, the following Form shall be substituted, namely:- (ii) for Form ITR-4 SUGAM, the following Form shall be substituted, namely:- [F. No. 370142/45/2023-TPL (Part-I)] SURBENDU THAKUR, Under Secy. Tax Policy & Legislation Note: The principal rules were published vide notification number S.O.s 969(E) dated the 26th March, 1961 and last amended vide notification number G.S.R. 900 dated the 19th December, 2023. ============= Document 1 FORM ITR-1 SAHAJ INDIAN INCOME TAX RETURN [For individuals being a resident (other than not ordinarily resident) having total income up to Rs.50 lakh, having Income from Salaries, one house property, other sources (Interest etc.), and agricultural income up to Rs.5 thousand] Assessment Year [Not for an individual who is either Director in a company or has invested in 2024 unlisted equity shares or in cases where TDS has been deducted u/s 194N or if income-tax is deferred on ESOP] (Refer instructions for eligibility) 25 PART A GENERAL INFORMATION (A2) First Name (A4) Date of Birth DDMMYYYY (A5) Aadhaar Number (12 digits)/Aadhaar Enrolment Id (28 ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ary as per section 17(1) b Value of perquisites as per section 17(2) i ia ib c Profit in lieu of salary as per section 17(3) ic Income from retirement benefit account maintained in a d notified country u/s 89A (country drop down will be provided in e-filing utility) id e Income from retirement benefit account maintained in a country other than notified country u/s 89A ie Less allowances to the extent exempt u/s 10 (drop down to be provided in e-filing ii utility) ii (Ensure that it is included in salary income u/s 17(1)/17(2)/17(3) ) iia iii iv iva iia Less: Income claimed for relief from taxation u/s 89A iii Net Salary (i - ii-iia) iv Deductions u/s 16 (iva + ivb + ivc) a Standard deduction u/s 16(ia) b Entertainment allowance u/s 16(ii) c Professional tax u/s 16(iii) ivb ivc v Income chargeable under the head 'Salaries' (iii - iv) B1 Amount (Rs) (If Yes) Amount (Rs) (If Yes) (Tick) Yes ☠No Whole- Rupee() only B2 Tick applicable option ☠Self-Occupied ☠Let Out ☠Deemed Let Out i Gross rent received/ receivable/lettable value during the year i ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....n PART D-COMPUTATION OF TAX PAYABLE D1 Tax payable on total income D2 Rebate u/s 87A D3 Tax after Rebate D4 Health and education D5 Cess @ 4% on D3 Total Tax and Cess D6 Relief u/s 89 (Please ensure to submit Form 10E to claim this relief) D7 Interest u/s 234A D8 Interest u/s 234B D9 Interest u/s 234C D10 Fee u/s 234F D11 Total Tax, Fee and Interest (D5+D7+D8+D9+D10 - D6) D12 Total Taxes Paid D13 Amount payable (D11-D12) (if D11>D12) D14 Refund (D12-D11) (if D12>D11) PARTE - OTHER INFORMATION Details of all Bank Accounts held in India at any time during the previous year (excluding dormant accounts) Sl. IFS Code of the Bank Name of the Bank Account Number Type of account (Dropdown to be provided by E-filing utility) Select Account for Refund Credit I 1. Minimum one account should be selected for refund credit. 2. In case of Refund, multiple accounts are selected for refund credit, then refund will be credited to one of the account decided by CPC after processing the return. Schedule-IT Details of Advance Tax and S....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... (A12) Country (A14) Aadhaar Number (12 digits)/ Aadhaar Enrolment Id (28 digits) (if eligible for Aadhaar No.) (A4) Permanent Account Number (A6) Flat/Door/Block No. (A9) Area/Locality (A13) PIN Code/ZIP Code (A15) Status Individual ■HUF □ Firm (other than LLP) (A16) Residential/Office Phone Number with STD code/ Mobile No.1 (A17) Mobile No. 2 (A18) Email Address-1 (self) Email Address -2 (A19) Nature of employment -☠Central Govt. ☠State Govt. ☠Public Sector Undertaking ☠Pensioners-CG ☠Pensioners-SG □ Pensioners-PSU □ Pensioners- Others ☠Others ☠Not Applicable (e.g. Family Pension etc.) (A20)(a) Filed u/s (Tick) [Please see instruction]- (b) Or Filed in response to notice u/s 139(1)-On or before due date, ☠139(4)-After due date, ☠139(5)- Revised Return, ■119(2)(b)- After Condonation of delay (A21) If revised/defective then enter Receipt No. and Date of filing of original return (DD/MM/YYYY) 139(9) 142(1) ☠148 ☠153C (A22) If filed in response to notice u/s 139(9) /142(1)/148/153C or order u/s 119(2)(b)- enter ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....r section 17(3) Whole- Rupee(*) only B1 i ia ib ic SALARY / PENSION d Income from retirement benefit account maintained in a notified country u/s 89A (country drop down will be provided in e-filing utility) id e Income from retirement benefit account maintained in a country other than notified country u/s 89A ie ii Less allowances to the extent exempt u/s 10 (drop down to be provided in e-filing utility) [Ensure that it is included in salary income u/s 17(1)/17(2)/17(3)] ii ܂ iia Less: Income claimed for relief from taxation u/s 89A iii Net Salary (i-ii-iia) iia iii iv iv Deductions u/s 16 (iva + ivb+ive) a Standard deduction u/s 16(ia) b Entertainment allowance u/s 16(ii) c Professional tax u/s 16(iii) V Income chargeable under the head ‘Salaries' (iii – iv) (NOTE- Ensure to Fill "Sch TDS1") B3 Tick applicable option Self Occupied ☠Let Out ☠Deemed Let Out □ HOUSE PROPERTY i Gross rent received/receivable/lettable value during the year ii Tax paid to local authorities iii Annual Value (i - ii) iv 30% of Annual Value v Interest payab....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... on (D3) D1 D2 D3 D4 D5 Total Tax, and Cess (D3+D4) D5 D6 Relief u/s 89 (Please ensure to submit Form 10E to claim this relief) D7 Balance Tax after Relief (D5 - D6) D8 Total Interest u/s 234A D9 Total Interest u/s 234B D10 Total Interest u/s 234C D11 Fee u/s 234F D12 Total Tax, Fee and Interest (D7+ D8 + D9 + D10 + D11) D6 D7 D8 D9 D10 D11 D12 D13 Total Advance Tax Paid D13 D14 Total Self-Assessment Tax Paid D14 D15 Total TDS Claimed (total of column 4 of Schedule-TDS1 and, column 6 of Schedule-TDS2) D15 D16 Total TCS Collected (total of column (5) of Schedule-TCS) D16 D17 Total Taxes Paid (D13+ D14 + D15 + D16) D18 Amount payable (D12 – D17, If D12 > D17) D19 Refund (D17 – D12, If D17 > D12) - D20 Exempt income only for reporting purposes (If agricultural income is more than Rs.5,000/-, use ITR 3/5) (Drop down to be provided in e-filing utility mentioning nature of exempt income, relevant clause and section) BANK ACCOUNT D21 Details of all Bank Accounts held in India at any time during the previous year (excluding dormant accounts) SI. IFS Code of Typ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ess S. Business code E4 Description No. (i) Registration No. of goods carriage Whether owned/leased/ hired Tonnage capacity of goods carriage (in MT) (i) (1) (a) (3) Number of months for which goods carriage was owned/ leased/hired by assessee (4) Presumptive income u/s 44AE for the goods carriage (Computed @ Rs.1000 per ton per month in case tonnage exceeds 12MT, or else @ Rs.7500 per month) or the amount claimed to have been actually earned, whichever is higher (5) (b) Add row options as necessary (At any time during the year the number of vehicles should not exceed 10 vehicles) E5 Presumptive Income from Goods Carriage under section 44AE [total of column (5)] NOTE-If the profits are lower than prescribed under S.44AE or the number of Vehicles owned at any time exceed 10 then other ITR, as applicable, has to be filed E5 E6 Salary and interest paid to the partners E6 NOTE - This is to be filled up only by firms E7 Presumptive Income u/s 44AE (E5-E6) E8 Income chargeable under the head ‘Business or Profession' (E2c+E4+E7) E7 E8 ....