- In case you are a non resident for income tax purpose, you cannot use ITR 1
- Likewise in case you own more than one property, whether self occupied or let out, you cannot use ITR 1
Form ITR 1 popularly known as Sahaj is used by significant majority of tax payers. ITR 1 can be used by an individual who is resident of India for tax purposes. Moreover all the taxpayers who have income only under any of or all three heads of income i.e. “Salaries”, “Income From House Property” and “Income From other sources” can use ITR 1. Since pension is taxed as salary, all the retired persons who do not have any income under the head “Capital Gains” or “Profits and gains of business or profession” can also use ITR 1. In case income of some other person is required to be clubbed in your income, you can use this form only if the nature of the income to be clubbed falls under any of the three heads of income enumerated above.
Who cannot use ITR 1
HUFs cannot use ITR 1 even if their income does not include any capital gains or profits and gains of business or profession. In case you are a non resident for income tax purpose, you cannot use ITR 1. Likewise in case you own more than one property, whether self occupied or let out, you cannot use ITR 1.
Source: livemint
