Saturday, July 6, 2024

ITR-1 (Sahaj) can be filed if your income is below Rs 50 lakh; Check if you are eligible or not

ITR filing: As per CA Shreya Jaiswal you can file ITR-1 only if your total income does not exceed Rs 50 lakh during FY 2023-24 (AY 2024-25) and provided you have satisfied certain other conditions as prescribed. However if you even have Re 1 of capital gains or loss you won't be able to file ITR-1

from Tax-Wealth-Economic Times https://ift.tt/lcLS3ME

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