Income tax return: Eligibility, important documents for filing ITR-1 form
Live MintIncome tax return: The due date for income tax return filing for FY 2021-22 and the Assessment Year or AY 2022-23 is 31st July 2022. As, majority of the earning individuals file ITR-1 form, it is very important for the taxpayer to know the important documents that one must have in hand during its ITR filing. On who can file their income tax return submitting ITR-1 form, SEBI registered tax and investment expert Jitendra Solanki said, "Those earning individuals who have an annual income up to ₹50 lakh from salary, one house property and other sources, they can file ITR using ITR-1 form. On important documents that a taxpayer should have in hand while filling ITR-1 form, Aarti Raote, Partner at Deloitte India said, "Actually, income tax department has all your documents and you need not to submit any document while filing income tax return through filling of ITR-1 form. So, one needs to match the income tax departments data on Form 26AS and the actual one that the taxpayer has.