WHO WILL FILE ITR 1 FORM ?

ITR- 1- This form will be applicable, If you meet the following conditions
(a) You qualify as ‘Resident and Ordinarily Resident’ in India;
(b) You have one or more of the following source of income;
(i) You have salary income
(ii) You have interest income from bank / post office / cooperative society/ enhanced
compensation / income tax refund;
(iii) You have Dividend Income
(iv) You have family pension;
(v) You do not own any house property or 1 house property;
(vi) You do not have any income chargeable at special rate
(c) Your total income does not exceed Rs. 50 Lakh;
(d) You are not a director in a company in India or outside India;
(e) You do not own any equity shares in a company which is not listed in India or outside India;
(f) You do not have any brought forward loss or loss to be carried forward;
(g) You do not want to claim any relief under section 90 or section 91;
(h) You do not have any income or asset outside India
(i) You are not governed by Portuguese Civil Code
(j) You are not a partner in a partnership firm
(k) You do not have agricultural income more than Rs. 5,000
(l) You do not want to claim any deduction u/s 57, other than deduction w.r.t family pension u/s 57(iia)
(m) You do not have Tax deducted at source u/s 194N
(n) You do not have deferred tax on ESOPs received from eligible start-ups.