When you cannot file ITR-1 even if earning less than Rs 50 lakh?
When you cannot file ITR-1 even if earning less than Rs 50 lakh?
Photos: Pixabay
Photos: Pixabay
Jul 17, 2023
Rajeev Kumar
There are some cases where you cannot file ITR-1 even if your total income from salary and other sources does not exceed Rs 50 lakhs. Read on for details
There are some cases where you cannot file ITR-1 even if your total income from salary and other sources does not exceed Rs 50 lakhs. Read on for details
When you have made some profit from VDA such as cryptocurrency as this will be reported as capital gains
When you have made some profit from VDA such as cryptocurrency as this will be reported as capital gains
When you have invested in unlisted equity shares through ESOP or otherwise.
When you have invested in unlisted equity shares through ESOP or otherwise.
When you are a Director in a company.
When you are a Director in a company.
When you have only salary income but hold more than one house.
When you have only salary income but hold more than one house.
When you are an RNOR or NRI, you cannot file ITR-1.
When you are an RNOR or NRI, you cannot file ITR-1.
The due date to file ITR for AY 2023-24 is July 31, 2023.
The due date to file ITR for AY 2023-24 is July 31, 2023.