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.

Whether you’re new to taxes or a regular filer, Filing Pool ensures smooth and reliable Income tax return filing in Delhi, tailored for every salaried individual.

ITR for Salaried Individuals

Income tax return filing in Delhi is essential for salaried individuals to comply with tax laws and claim eligible deductions

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.

Our expert services for income tax return filing in Delhi help you determine whether you’re liable to file ITR based on your income.

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

Which ITR Should a Salaried Person File?

• ITR-1 (Sahaj) is for resident individuals earning income from:
  • Salary
  • One house property
  • Family pension
  • Agricultural income (up to ₹5000)
  • Other sources (e.g., savings interest, tax refunds)
• ITR-2 is applicable if you have:
  • Capital gains income
  • More than one house property
  • Total income exceeding ₹50 lakhs

Documents Required for ITR-1 Filing

• Form 16 (issued by your employer)
• Annual Information Statement (AIS)
• Form 26AS (TDS details)
• Bank statements (for interest income)
• House rent receipts (if applicable)
• Investment and premium receipts (for deductions)
• No documents need to be attached while filing ITR-1, but you must retain them for reference.

Precautions While Filing ITR

• Select the correct tax regime (old or new)
• Verify TDS, TCS, and tax paid in Form 26AS
• Ensure correct PAN, bank details, and personal information
• Report all income sources accurately
• File before the due date to avoid penalties
• e-Verify after submission or send a signed ITR-V to CPC Bengaluru for manual verification

How to Determine the Right ITR Form?

• Use the “Help me decide which ITR Form to file” option on the Income Tax e-filing portal
• The tool suggests the correct form based on your income sources

 

 

Advance Tax vs. Self-Assessment Tax

Type	Definition	Payment Schedule
Advance Tax	Paid during the financial year based on estimated income	15% by June 15 45% by Sept 15 75% by Dec 15 100% by March 15
Self-Assessment Tax	Paid before ITR submission if tax is still due after TDS & advance tax	Before filing ITR, after system calculation

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 Income tax return filing for salary person provider in Delhi. We also provide different services such as GST Registration, Trademark Registration, Marriage Registration, etc.

FAQs