GMH Associates

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ITR-1 (Sahaj)
Filing Online

File your income tax return
quickly and accurately with
expert ITR-1 filing support

🟩 Suitable for income up to ₹50 lakh
🟩 For salaried individuals and pensioners
🟩 Maximum deduction claim assistance
🟩 Timely filing to avoid penalties

🟩 End-to-end online filing support

Free Consultation

    Overview

    Overview

    ITR-1 (Sahaj) is a simplified income tax return form for individuals earning up to ₹50 lakhs from salary pension one house property and other eligible sources.

    Filing ITR-1 ensures tax compliance helps claim refunds provides income proof and avoids penalties under the Income Tax Act.

    ITR-1 (Sahaj) is a simplified income tax return form for individuals earning up to ₹50 lakhs from salary pension one house property and other eligible sources.

    Filing ITR-1 ensures tax compliance helps claim refunds provides income proof and avoids penalties under the Income Tax Act.

    Benefits

    Benefits

    Tax Comparison
    Sole Proprietorship
    vs Others

    business-men


    Sole Proprietor

    Tax Rate

    Individual income tax slabs
    ranging from 0% to 30%.

    Minimum Tax

    No tax payable up to
    ₹2.5 lakhs of income.

    Expense Deduction

    Business-related expenses
    are fully allowed.

    Advance Tax

    Applicable if total tax
    liability exceeds ₹10,000.

    Audit Requirement

    Audit required only if
    turnover exceeds limits.


    Partnership Firm

    Tax Rate

    Flat tax rate of
    30% on total income.

    Minimum Tax

    Taxable irrespective of
    partner’s personal income.

    Expense Deduction

    Business expenses
    are allowed as deductions.

    Advance Tax

    Advance tax payment
    is applicable.

    Audit Requirement

    Audit generally required
    as per applicable rules.


    Pvt Ltd Company

    Tax Rate

    Corporate tax at 25%
    for turnover below ₹400 cr.

    Minimum Tax

    Taxable regardless of
    dividend distribution.

    Expense Deduction

    Business expenses
    are allowed.

    Advance Tax

    Advance tax payment
    is mandatory.

    Audit Requirement

    Statutory audit is
    mandatory every year.

    business-men


    Sole Proprietor

    Tax Rate

    Individual income tax slabs
    ranging from 0% to 30%.

    Minimum Tax

    No tax payable up to
    ₹2.5 lakhs of income.

    Expense Deduction

    Business-related expenses
    are fully allowed.

    Advance Tax

    Applicable if total tax
    liability exceeds ₹10,000.

    Audit Requirement

    Audit required only if
    turnover exceeds limits.


    Partnership Firm

    Tax Rate

    Flat tax rate of
    30% on total income.

    Minimum Tax

    Taxable irrespective of
    partner’s personal income.

    Expense Deduction

    Business expenses
    are allowed as deductions.

    Advance Tax

    Advance tax payment
    is applicable.

    Audit Requirement

    Audit generally required
    as per applicable rules.


    Pvt Ltd Company

    Tax Rate

    Corporate tax at 25%
    for turnover below ₹400 cr.

    Minimum Tax

    Taxable regardless of
    dividend distribution.

    Expense Deduction

    Business expenses
    are allowed.

    Advance Tax

    Advance tax payment
    is mandatory.

    Audit Requirement

    Statutory audit is
    mandatory every year.

    • Individuals earning up to
    ₹50 lakh annually
    • Income from salary
    or pension
    • Income from one
    house property
    • Income from interest
    and dividends
    • Agricultural income
    up to ₹5,000

    Documents Required

    • PAN Aadhaar and bank account details
    • Form 16 Form 26AS and salary slips
    • Investment proofs under Sections 80C and 80D
    • Interest certificates and bank statements
    • Home loan interest and repayment certificate
    • Rent receipts insurance and education loan proof

    • Individuals earning up to
    ₹50 lakh annually
    • Income from salary
    or pension
    • Income from one
    house property
    • Income from interest
    and dividends
    • Agricultural income
    up to ₹5,000

    Documents Required

    • PAN Aadhaar and bank
    account details
    • Form 16 Form 26AS
    and salary slips
    • Investment proofs under
    Sections 80C and 80D
    • Interest certificates
    and
    bank statements
    • Home loan interest and
    repayment certificate
    • Rent receipts insurance and education loan proof

    Registration Process

    Registration Process

    Post-Registration Compliances

    Post-Registration Compliances

    Return Verification

    Complete e-verification within prescribed period

    Refund Tracking

    Track refund status through tax portal

    Record Keeping

    Maintain filing records for future reference

    Notice Response

    Respond promptly to income tax notices

    Annual Filing

    File returns every financial year timely

    Return Verification

    Complete e-verification within prescribed period

    Refund Tracking

    Track refund status through tax portal

    Record Keeping

    Maintain filing records for future reference

    Notice Response

    Respond promptly to income tax notices

    Annual Filing

    File returns every financial year timely

    Common Mistakes to Avoid

    Common Mistakes
    to Avoid

    Wrong ITR
    Selection

    Choosing incorrect form
    may cause rejection

    Incorrect PAN
    Details

    Errors in PAN details
    delay processing time

    Missing Interest
    Income

    Unreported interest income
    may trigger notices

    Invalid Deduction
    Claims

    Unsupported claims may
    lead to scrutiny

    Unverified ITR
    Filing

    Return remains incomplete
    without verification

    Ignoring Tax
    Notices

    Unanswered notices may
    create compliance issues

    Wrong ITR
    Selection

    Choosing incorrect form
    may cause rejection

    Incorrect PAN
    Details

    Errors in PAN details
    delay processing time

    Missing Interest
    Income

    Unreported interest income
    may trigger notices

    Invalid Deduction
    Claims

    Unsupported claims may
    lead to scrutiny

    Unverified ITR
    Filing

    Return remains incomplete
    without verification

    Ignoring Tax
    Notices

    Unanswered notices may
    create compliance issues

    Clients Choose GMH Associates for
    Clients Choose GMH Associates for
    cta_man

    Let's Talk Now.

    If you need immediate assistance, please call:

    PHONE CALL

    Share a few details with us, and one of our compliance specialists will get in touch shortly.
    We’ll guide you through the entire process — from selecting the right business structure to completing registrations and filings — free of charge.

    cta_man

    Let's Talk Now.

    If you need immediate assistance, please call:

    PHONE CALL

    Share a few details with us, and one of our compliance specialists will get in touch shortly.
    We’ll guide you through the entire process — from selecting the right business structure to completing registrations and filings — free of charge.

    Ask Questions

    Frequently asked questions

    Can I file ITR-1 if income exceeds ₹50 lakh?

    No. You must file ITR-2 or ITR-3 instead.

    Not mandatory but useful for refunds loans and visas.

    Late fees may apply based on your income level.

    Yes revised returns can be filed within permitted timelines.

    Refunds are usually processed within three to six weeks.

    No business or professional income requires another ITR form.