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ITR For Salary Person




     

    ITR FOR SALARY PERSON

    ITR for salary person is one of the best services that we provide in Delhi, India. We connect our experts with you who can guide you through the process. As we are the Best ITR Filing Service provider in Delhi we make sure that the time and money of our clients are saved by doing their work quickly and with some good discounts. We at Filing Pool will assist you in filing your Income Tax Return. You just have to upload Form 16 in the above section and then our experts will connect with you shortly.

    Why should you file ITR?

    If any person having a gross annual income of more than the basic exemption limit as specified below shall be required to file the income tax return.

    Particulars

    Amount

    For individuals below 60 years

    Rs 2.5 Lakh

    For individuals above 60 years but below 80 years

    Rs 3.0 Lakh

    For individuals above 80 Years

    Rs 5.0 Lakh

    Returns and forms Applicable for Salaried Individuals for AY 2021-2022 in INDIA.

     

    1.     ITR-1 OR SAHAJ

    ITR is for a resident individual whose total income for the AY 2021-22 includes:

    • Income from Salary/ Pension; or
    • Income from House Property (excluding cases where loss is brought forward from previous years); or
    • Income from Other Sources (excluding Winning from Lottery and Income from Race Horses)
    • Agricultural income up to Rs.5000.

    ITR-1 cannot be used by a person whose

    • Total income exceeding Rs.50 lakh
    • Agricultural income more than Rs 5000
    • If you have Income from capital gains
    • If you have income from business or profession
    • Having income from more than one house property
    • If you are a Director in a company
    • If you have had investments in unlisted equity shares at any time during the financial year
    • Owning assets (including financial interest in any entity) outside India) if you are a resident, including signing authority in any account located outside India
    • If you are a resident not ordinarily resident (RNOR) and non-resident
    • If you have foreign assets or foreign income during the year
    • If you are assessable in respect of income of another person in respect of which tax is deducted in the hands of the other person.

    ITR – 2

    This return is applicable for Individual and Hindu Undivided Family (HUF) who have in

    • Income from Salary/Pension; or
    • Income from House Property; or
    • Income from Other Sources (including Winnings from Lottery and Income from Race Horses).

    (Total income from the above should be more than Rs 50 Lakhs)

    • If you are an Individual Director in a company
    • If you have had investments in unlisted equity shares at any time during the financial year
    • Being a resident not ordinarily resident (RNOR) and non-resident
    • Income from Capital Gains; or
    • Foreign Assets/Foreign income
    • Agricultural income more than Rs 5,000

    Who cannot File this Form

    This Return should not be filed by a person whose total income for the AY 2021-22 includes Income from Businesses or Profession.

    Why choose Filingpool

    Filingpool is the best CA firm for Online ITR filing in Delhi and India, we provide online services for Income Tax Return filing services in Delhi

    Being the Best ITR for salary person provider in Delhi. We also provide different services such as GST Registration, Trademark Registration, Marriage Registration, etc.