The most popular one pager Income Tax return (ITR-1 Sahaj) is continued by the CBDT this year also vide notification no. 16/2016 dated 03rd April 2018.  But there are certain changes regarding eligibility to file this return as well contents of this return which are as under.

1. This year (AY 2018-19 FY 2017-18), only the individual who is “resident and ordinary resident” can file this return, so three categories of residential status are removed from the content of this return.

2. Resident Individual who has income to be apportioned in accordance with provisions of Section 5A (governed by Portuguese Civil Code) are no more eligible to file this return. Therefore in schedule-TDS of this ITR, column no. 7 is removed this year.

3. Individual who want to carry forward the loss under the head income from house property is not eligible to file this return.

ITR 1 Sahaj Salary house property Income

4. Income under the head salary and house property are to be shown in detail as under instead of writing only net figure of income/loss under the head.

5. Amount of late fees under newly introduced section 234F which is payable in case of late filing of ITR.

Also Read- Rule 12 of Income Tax Rules wef 1st April 2018 related to ITR

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17 responses to “Important Changes in ITR-1 of FY 2017-18”

  1. U B V Krishna Rao says:

    Does deafness allowance to be shown seperately in the new ITR 1 form.

  2. SabyasachiB says:

    How can I show my house building loan interest under Sec 24 in the new ITR -1 for AY 18-19 and claim income tax relief

  3. dntaxguru says:

    Dear Sir, your posts are very useful. I was an NRI, resided outside India from Jun 2003 to April 2017.

    I returned to India in April 2017. In this light, can you pls explain the definition of R&OR, RNOR etc.

    Thank you.
    Dina

  4. Dharmendrasinh Chudasama says:

    HI Sir,

    I like to read your articles, it is very useful for us.

    Thanks

  5. chanchal says:

    CAN I E-FILE MY INCOME TAX RETURN OF A.Y. 2017-18 AFTER MARCH 2018

    • CA. TEJAS ANDHARIA says:

      NOT IMPOSSIBLE, BUT PROCEDURE IS VERY DIFFICULT AND LENGTHY. SO, FOR NORMAL CASES, IT IS NOT FOLLOWED.

  6. AR4VIND R SHAH says:

    FILE ITR 2

  7. Girish Suryawanshi says:

    234 F applicable for after Due Date or 1 Year after.

  8. shashank dixit says:

    Hi Can you tell me, why we have not received our refund from income tax department since 8 months, last year we filled an ITR.

    • CA. TEJAS ANDHARIA says:

      I T DEPARTMENT HAS TIME TO PROCESS YOUR REFUND UPTO 21 MONTH FROM THE END OF ASSESSMENT YEAR (FOR AY 2016-17 & AY 2017-18). SO, ITS OF AY 2017-18, YOUR REFUND CAN BE PROCESSED WITHIN 31/12/2019.

  9. Mamta Rani says:

    hi

  10. Rakesh Didwania says:

    so which form should be filed by NRI having income from other sources in india

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