Learn everything about filing ITR-1 (Sahaj) for AY 2026-27, including eligibility criteria, new changes, and step-by-step online filing instructions.
Eligibility Criteria for ITR-1
New Changes for AY 2026-27
How to File ITR-1 Online
FAQs on ITR-1 Filing
Understand who can file ITR-1 for AY 2026-27.
Resident Individuals
ITR-1 is applicable for resident individuals with specific income sources.
Income from salary or pension up to ₹50 lakh.
Income from one house property (excluding cases with brought forward loss).
Income from other sources like interest (excluding lottery winnings and racehorses).
Exclusions
Certain individuals are not eligible to file ITR-1.
Individuals with income exceeding ₹50 lakh.
Non-resident individuals and HUFs.
Individuals with agricultural income exceeding ₹5,000.
Additional Conditions
Additional criteria for eligibility.
No income from business or profession.
No capital gains income.
No foreign assets or foreign income.
Worked Example
Example of an eligible taxpayer.
Mr. Sharma, a resident individual, earns ₹40 lakh from salary.
He has ₹5 lakh from a single house property.
He earns ₹2 lakh from fixed deposits interest.
Explore the latest updates and changes in ITR-1 for AY 2026-27.
Revised Income Slabs
Updates in income tax slabs for the new financial year.
No change in the basic exemption limit of ₹2.5 lakh.
Revised surcharge rates for income above ₹1 crore.
Introduction of a new tax regime with lower rates.
Form Changes
Changes in the ITR-1 form structure.
Additional fields for reporting exempt income.
Mandatory disclosure of high-value transactions.
Simplified reporting for dividend income.
Deductions and Exemptions
Updates to deductions and exemptions.
Standard deduction increased to ₹60,000.
Section 80C limit remains at ₹1.5 lakh.
New deduction under Section 80EEA for affordable housing.
Compliance Requirements
New compliance requirements for taxpayers.
Linking of PAN with Aadhaar mandatory.
Reporting of foreign travel expenses over ₹2 lakh.
Disclosure of electricity bills exceeding ₹1 lakh.
Step-by-step guide to filing ITR-1 online for AY 2026-27.
Gather Required Documents
Ensure you have all necessary documents before filing.
Form 16 from your employer.
Bank statements and interest certificates.
Details of any tax-saving investments.
Access the Income Tax Portal
Log in to the official e-filing portal.
Visit www.incometax.gov.in.
Use your PAN and password to log in.
Navigate to the 'e-File' section.
Fill in the ITR-1 Form
Enter your income and deduction details.
Select 'ITR-1' from the dropdown menu.
Enter salary, house property, and other income.
Claim deductions under relevant sections.
Verify and Submit
Complete the filing process by verifying and submitting.
Review all entered details for accuracy.
Use Aadhaar OTP or EVC for verification.
Submit the form and download the acknowledgment.
Who is eligible to file ITR-1?
Resident individuals with income from salary, one house property, and other sources up to ₹50 lakh can file ITR-1. Non-residents and those with business income are not eligible.
What are the changes in ITR-1 for AY 2026-27?
Key changes include revised surcharge rates, new fields for exempt income, and mandatory disclosure of high-value transactions. The standard deduction has increased to ₹60,000.
How do I file ITR-1 online?
Log in to the income tax portal, fill in the ITR-1 form with your income and deduction details, verify using Aadhaar OTP or EVC, and submit before July 31, 2026.
Can I file ITR-1 if I have capital gains?
No, individuals with capital gains income must file ITR-2 or another appropriate form. ITR-1 is not suitable for reporting capital gains.
What documents are needed for ITR-1 filing?
You need Form 16, bank statements, interest certificates, and details of any tax-saving investments to accurately file ITR-1.
Is Aadhaar linking mandatory for ITR filing?
Yes, linking your PAN with Aadhaar is mandatory for filing ITRs. Ensure this is done to avoid any issues during the filing process.
What is the deadline for filing ITR-1 for AY 2026-27?
The deadline for filing ITR-1 for AY 2026-27 is July 31, 2026. Filing after this date may attract penalties and interest charges.
Can I claim deductions under Section 80C in ITR-1?
Yes, you can claim deductions up to ₹1.5 lakh under Section 80C for eligible investments and expenses while filing ITR-1.
What happens if I miss the ITR-1 filing deadline?
Missing the deadline may result in penalties under Section 234F, ranging from ₹1,000 to ₹10,000, depending on your income level.
How do I verify my ITR-1 submission?
You can verify your ITR-1 submission using Aadhaar OTP, EVC through net banking, or by sending a signed ITR-V to CPC, Bengaluru.