Instructions for filling ITR‐1 SAHAJ A.Y. 2021‐22
General Instructions
These instructions are guidelines to help the taxpayers for filling the particulars in Income‐
tax Return Form‐1 for the Assessment Year 2021‐22 relating to the Financial Year 2020‐21.
In case of any doubt, please refer to relevant provisions of the Income‐tax Act, 1961 and the
Income‐tax Rules, 1962.
1. Assessment Year for which this Return Form is applicable
This Return Form is applicable for assessment year 2021‐22 only, i.e., it relates to
income earned during the Financial Year 2020‐21.
2. Who is eligible to use this Return Form
This Return Form is to be used by an individual who is a resident other than not
ordinarily resident, whose total income for the Assessment Year 2021‐22 does not
exceed Rs. 50 lakh and who has income under the following heads:‐
(a) Income from Salary/ Pension; or
(b) Income from One House Property; or
(c) Interest income and/ or family pension taxable under Other Sources.
NOTE:
Further, in a case where the income of another person like spouse, minor child, etc.
is to be clubbed with the income of the assessee, this Return Form can be used only
if the income being clubbed falls into the above income categories.
3. Who is not eligible to use this Return Form?
A. This Return Form should not be used by an individual who –
(a) is a Director in a company;
(b) has held any unlisted equity shares at any time during the previous year;
(c) has any asset (including financial interest in any entity) located outside India;
(d) has signing authority in any account located outside India; or
(e) has income from any source outside India.
(f) has deferred tax on ESOP received from employer being an eligible start‐up.
(g) has withdrawn cash and TDS has been deducted u/s 194N on such
withdrawal.
B. This return form also cannot be used by an individual who has any income of
the following nature during the previous year:‐
Instructions to Form ITR-1 (A.Y. 2021-22)
(a) Profits and gains from business and professions;
(b) Capital gains;
(c) Income from more than one house property;
(d) Income under the head other sources which is of following nature:‐
(i) winnings from lottery;
(ii) activity of owning and maintaining race horses;
(iii) income taxable at special rates under section 115BBDA or section
115BBE;
(e) Income to be apportioned in accordance with provisions of section 5A; or
(f) Agricultural income in excess of ₹5,000.
C. Further, this return form also cannot be used by an individual who has any
claims of loss/deductions/relief/tax credit etc. of the following nature:‐
(a) any brought forward loss or loss to be carried forward under the head
‘Income from house property’;
(b) loss under the head ‘Income from other sources’;
(c) any claim of relief under section 90 and/or section 91;
(d) any claim of deduction under section 57, other than deduction under clause
(iia) thereof (relating to family pension); or
(e) any claim of credit of tax deducted at source in the hands of any other
person.
4. Annexure‐less Return Form
No document (including TDS certificate) should be attached to this Return Form. All
such documents enclosed with this Return Form will be detached and returned to
the person filing the return.
5. Key changes (as compared to ITR for AY 2020‐21)
(a) Option to avail benefit of new tax regime u/s 115BAC is provided in ITR‐1.
Option should be availed within due date mentioned as per section 139(1).
(b) ITR 1 cannot be filed by the assessee who is having TDS u/s 194N.
(c) Resident Individual having Income‐Tax deferred on ESOP is restricted to file
ITR‐1
(d) Quarterly breakup of dividend income to be provided.
(e) Schedule DI is removed.
(f) Date of Donation made in cash has inserted to calculate eligible amount of
donation u/s 80GGA
6. Manner of filing and Verification of this Return Form
This Return Form can be filed with the Income‐tax Department in any of the
following ways:‐
Instructions to Form ITR-1 (A.Y. 2021-22)
A. electronically on the e‐filing web portal of Income‐tax Department
(www.incometaxindiaefiling.gov.in) [www.incometax.gov.in from 7‐June‐
2021] and verified in any one of the following manner –
(i) digitally signing the verification part, or
(ii) authenticating by way of electronic verification code (EVC), or
(iii) Aadhaar OTP, or
(iv) by sending duly signed paper Form ITR‐V ‐ Income Tax Return
Verification Form by post to CPC at the following address –
“Centralized Processing Centre,
Income Tax Department,
Bengaluru— 560500,
Karnataka”.
The Form ITR‐V ‐ Income Tax Return Verification Form should reach within
120 days from the date of e‐filing the return.
The confirmation of the receipt of ITR‐V at Centralized Processing Centre will
be sent to the assessee on e‐mail ID registered in the e‐filing account.
B. In paper form, at the designated offices of Income‐tax Department, along
with duly signed Form ITR‐V. This mode of furnishing return is permissible
only in case of super senior citizens (i.e. an individual of the age of 80 years or
more at any time during the previous year).
7. Filling out the ITR V‐ Income Tax Return Verification Form
Where the Return Form is furnished in the manner mentioned at 5A(iv) above, the
assessee should print out Form ITRV‐ Income Tax Return Verification Form. ITRV‐
Income Tax Return Verification Form, duly signed by the assessee then has to be sent
by ordinary post or speed post only to Central, Processing Centre, Income Tax
Department, Bengaluru‐ 560500 (Karnataka).
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