Who cannot use ITR - 1 (SAHAJ)?

This Return Form is to be used by an individual whose total income for the assessment year 2015-16 includes:- Income from Salary/ Pension; or Income from One House Property (excluding cases where loss is brought forward from previous years); or Income from Other Sources (excluding Winning from Lottery and Income from Race Horses) Who cannot use this Return Form This Return Form cannot be used by any resident having any asset (including financial interest in any entity) located outside India or signing authority in any account located outside India. If you have foreign assets, you cannot use ITR-1. If you have exempt income which is more than Rs. 5,000, you cannot use ITR-1.

(a) Income from more than one house property; (b) Income from Winnings from lottery or income from Race horses; or (c) Income under the head “Capital Gain e.g., short-term capital gains or long-term capital gains from sale of house, plot, shares etc.; or (d) Agricultural income in excess of 5,000; or (e) Income from Business or Profession; or (f) Loss under the head ‘Income from other sources’ ;or (g) Person claiming relief Under section 90 and/or91; or (h) Any resident having any asset (including financial interest in any entity) located outside India or signing authority in any account located outside India

(a) Income from more than one house property; (b) Income from Winnings from lottery or income from Race horses; or (c) Income under the head “Capital Gain e.g., short-term capital gains or long-term capital gains from sale of house, plot, shares etc.; or (d) Agricultural income in excess of 5,000; or (e) Income from Business or Profession; or (f) Loss under the head ‘Income from other sources’ ;or (g) Person claiming relief Under section 90 and/or91

(a) Income from more than one house property; (b) Income from Winnings from lottery or income from Race horses; or (c) Income under the head “Capital Gain e.g., short-term capital gains or long-term capital gains from sale of house, plot, shares etc.; or (d) Agricultural income in excess of 5,000; or (e) Income from Business or Profession; or (f) Loss under the head ‘Income from other sources’

1) Persons who have income other than salary income cannot use ITR 1 But if the person is a salaried employee and have loan against self occupied house property and claiming the interest on the loan taken u/s 24 (b) can also file ITR 1 2) Persons Having income only from income from other sources can also use ITR 1 other than that no one can use the ITR 1 every one has to other ITR Forms for there respective inocme sources

This Return Form should not be used by an individual whose total income for the assessment year 2015-16 includes:- (a) Income from more than one house property; (b) Income from Winnings from lottery or income from Race horses; or (c) Income under the head “Capital Gain e.g., short-term capital gains or long-term capital gains from sale of house, plot, shares etc.; or (d) Agricultural income in excess of 5,000; or (e) Income from Business or Profession; or (f) Loss under the head ‘Income from other sources’ ;or (g) Person claiming relief Under section 90 and/or91; or (h) Any resident having any asset (including financial interest in any entity) located outside India or signing authority in any account located outside India or (i) Any resident having income from any source outside India.