Learn How to File ITR - 1
Learn A to Z of ITR-1 (A.Y 2023-24) and file defect free Income Tax Return.
Description
This webinar is open to taxpayers those want to file their ITR themselves and also met the following eligibility criteria for filing ITR 1 :
ITR-1 can be filed by a Resident Individual whose:
Total income does not exceed 50 lakh during the FY
Income of Spouse (other than those covered under Portuguese Civil Code) or Minor is clubbed (only if the source of income is within the specified limits as mentioned above)
Income is from salary, one house property, family pension income, agricultural income (up to 5000/-), and other sources, which include:
Interest from Savings Accounts
Interest from Deposits (Bank / Post Office / Cooperative Society)
Interest from Income Tax Refund
Interest received on Enhanced Compensation
Any other Interest Income
Family Pension
Who is not eligible to file Form ITR-1 for AY 2023-24?ITR-1 cannot be filed by any individual who:
is a Resident Not Ordinarily Resident (RNOR), and Non-Resident Indian (NRI)
has total income exceeding 50 lakh
has agricultural income exceeding 5000/-
has income from lottery, racehorses, legal gambling etc.
has taxable capital gains (short term and long term)
has invested in unlisted equity shares
has income from business or profession
is a Director in a company
has tax deduction under section 194N (TDS on cash withdrawal) of Income Tax Act
has deferred income tax on ESOP received from employer being an eligible start-up
owns and has income from more than one house property
is not covered under the eligibility conditions for Form ITR-1
What You Will Learn!
- You Will Learn Filing of ITR - 1
- Learn Error free return filing
- File your return with Maximum Deduction
- Get Expertise in filing of Income Tax Returns
Who Should Attend!
- everyone who is interested to learn about Income Tax Return Filing found this course content valuable