--- title: 'ITR Filing Online 2026-27: How to File ITR-1 for AY 2026-27' source: 'https://youtube.com/watch?v=UHc-DkS1xkg' video_id: 'UHc-DkS1xkg' date: 2026-07-16 duration_sec: 1781 --- # ITR Filing Online 2026-27: How to File ITR-1 for AY 2026-27 > Source: [ITR Filing Online 2026-27: How to File ITR-1 for AY 2026-27](https://youtube.com/watch?v=UHc-DkS1xkg) ## Summary This video provides a comprehensive guide on how to file ITR-1 (Sahaj) for the financial year 2025-26 (Assessment Year 2026-27) in India. It explains who is eligible to use ITR-1, which types of income can be reported, and walks through the step-by-step process on the Income Tax portal, including how to claim the tax rebate for income up to ₹12 lakh under the new tax regime. ### Key Points - **Tax Rebate Under New Regime** [00:13] — Under the new tax regime, total income up to ₹12 lakh is tax-free due to rebate. - **Eligibility for ITR-1** [00:27] — ITR-1 is for individuals with income from salary/pension, one house property, other sources (interest, dividend), and agricultural income up to ₹5,000. It is not for those with business income, capital gains (except long-term up to ₹1.25 lakh), or crypto transactions. - **Check AIS and TIS Before Filing** [01:07] — Log in to the Income Tax portal, go to AIS/TIS, and select financial year 2025-26 to view all reported transactions like salary, rent, dividends, interest, and credit card payments above ₹10 lakh. - **Credit Card Payments in AIS** [02:42] — If credit card payments exceed ₹10 lakh in a year, they appear in AIS. If salary is low relative to such expenses, it may trigger a query from the tax department. - **Sale of Securities** [03:37] — If you have sold securities, check if the gain is long-term (held >12 months for listed shares) and less than ₹1.25 lakh to report in ITR-1. Short-term gains or losses require ITR-2/3. - **Common Mistakes by E-Mitra Centers** [04:57] — Many local tax filers hide transactions like securities sales, but the government has full data via AIS. Hiding such income can lead to notices. - **Cash Deposits/Withdrawals** [05:38] — Large cash deposits/withdrawals (above ₹10-20 lakh) are reported. If you have no business, such transactions may require explanation and could force you to file ITR-3/4. - **Land Sale and Commission Income** [06:21] — Sale of land in cash is illegal beyond ₹2,000 token amount. Commission income, if major, should be shown as business income in ITR-3/4, not in ITR-1. - **Business Receipts** [07:56] — Small business receipts (e.g., ₹2 lakh) can be shown as other income in ITR-1 if you have salary income. But if business receipts are your main income, file ITR-3/4. - **Delivery Partners and Online Commission** [08:35] — Delivery partners earning commission with TDS can file ITR-1 if the amount is small. For larger amounts, use ITR-3/4. - **Crypto and Online Gaming** [09:05] — Any transaction in crypto (VDA) or online gaming winnings disqualifies you from using ITR-1. You must file ITR-2 or ITR-3. - **Intraday and F&O Trading** [09:33] — Intraday or F&O trading requires ITR-3. Small trades with turnover under ₹20,000 and profit/loss under ₹2,000 may be ignored, but larger amounts must be reported in ITR-3. - **Contract Employees** [10:13] — Contract employees with TDS under 194J/194JB should file ITR-3/4 if the payment is substantial. Small amounts (e.g., ₹1.5 lakh annually) can be shown as other income in ITR-1. - **Example Cases for ITR-1 Eligibility** [11:10] — Case 1: Dividend, savings, FD interest, and long-term capital gains all under ₹1.25 lakh – eligible for ITR-1. Case 2: Large securities sale (₹21 lakh) and business receipts – not eligible; use ITR-3/4. - **Check Form 26AS** [13:00] — Before filing, verify TDS details in Form 26AS on the Income Tax portal. Ensure salary TDS and other TDS match your records. - **Step-by-Step ITR-1 Filing** [13:54] — Log in to the Income Tax portal, select 'File Income Tax Return', choose assessment year 2026-27, select ITR-1, fill personal info, salary details, house property income, other sources, exempt income, capital gains (if any), deductions, taxes paid, and verify. - **Personal Information and Employment Nature** [15:08] — Enter secondary address if different, select employment nature (e.g., 'Other' for private employees), and choose the due date (31st July). - **Bank Details for Refund** [16:34] — Add all bank accounts and select one for refund. Ensure the account is pre-validated on the portal. - **Filling Salary Income** [17:06] — Enter gross total salary as per Form 16. If no Form 16, calculate total deposits in bank account. Do not claim exempt allowances unless applicable (e.g., transport allowance for disabled). - **Income from House Property** [19:25] — Add property address, ownership details, rent received, local taxes paid, and loan interest if applicable. For self-occupied property, no rent income is shown. For let-out property, 30% standard deduction is automatic. - **Income from Other Sources** [22:54] — Includes FD interest, savings interest, dividend, income tax refund interest. Verify amounts from AIS/bank statements. Do not reduce income without verification. - **Family Pension Deduction** [24:03] — If receiving family pension, you can claim a deduction of 1/3rd of the pension or ₹25,000, whichever is less. - **Exempt Income** [25:14] — Report agricultural income up to ₹5,000, maturity proceeds from tax-free schemes like PPF, NPS, Sukanya Samriddhi, etc. These are exempt but should be shown to avoid queries. - **Capital Gains in ITR-1** [26:11] — Only long-term capital gains up to ₹1.25 lakh can be reported in ITR-1. Enter sale value and cost of acquisition. Gains above this limit require ITR-2. - **Deductions Under New Regime** [27:08] — Only NPS contribution (Section 80CCD(2)) is allowed as deduction. Other deductions like 80C are not available. Verify NPS amount from Form 16. - **Taxes Paid and Verification** [27:39] — TDS from salary and other sources should match Form 26AS. After confirming tax liability, proceed to verification via Aadhaar OTP or other methods. - **Refund Processing** [28:46] — Refunds are credited within a day or two after ITR processing. Larger refunds may take 1-2 months. ### Conclusion Filing ITR-1 correctly requires careful verification of eligibility and accurate reporting of all income as per AIS/TIS. The video emphasizes not hiding transactions and using the correct ITR form to avoid notices. ## Transcript how to file ITR 1 yourself. I also tell you which income can be reported in ITR 1. We will tell you everything about all types of income that where and how to enter it. Under the new tax regime, your total income up to ₹12 lakh is tax free. So he will tell that too. How you will not have to pay any tax up to Rs 12 lakh. You will get all the information in this video. If you want to file your ITR through us, you will find the link in the description. On that you can see the charges and make the booking. Now see what mistake a lot of people make? ITR One is not applicable for them. Still he files ITR One. So first of all let us tell you who can file ITR One. See if you are 100% sure that ITR One will be applicable for you. So you skip the video a little bit. There we can see from where we have started ITR 1 filing. First, we will talk for a while about which people have to file ITR 1. What are the things that you want to see? If that is the case in your case then you do not have to file ITR 1. You have to file the applicable form. So first of all let us talk about in which cases ITR 1 will be applicable. So see whether you have salary income or pension income. Now where will you know this from? So you will have to check this inside your AIS and TIS. Select ITR One only after checking this. First you log in. AIS will go to TIS. Like where can you go? What do you have to do for that ? Here you will see that after logging in there is an option of AIS. Here you will click and you have to select the financial year 2025-26. You will see all the details there. How will it open? As you can see, your AIS is going to open in this way. So see, here you are getting rent income, if you have given your house property on rent, you can also show that income in ITR 1. Where is this visible? If AIS is visible in TIS then even if dividend income is visible then you can select ITR 1. You have invested in savings account interest, FD interest or bonds somewhere else. If any interest has come from there, then if you have bought something in the share market, bought shares, bought mutual funds, you have invested somewhere, then as long as you do not sell it, there is no profit, then tax will not be levied on it. So when you have purchased then you can file ITR One. miscellaneous payment is showing in AIS, it means that you have used your credit card extensively somewhere. If you use a credit card for more than ₹10 lakh in a year, it is reported in AIS. Now see why I said here that we cannot report him. See, if you have salary income only and you are filing ITR 1, then the government can ask you where did you use ₹1 lakh in your credit card ? Now you have to check this amount. If it is below Rs 10 lakh then it will not be visible in AIS. If it is above 10 lakhs then it will be visible. The limit of that particular bank is Rs 10 lakh. If you have Rs 5 lakh each in different banks then there will be no problem. That is not a show. But if you have deposited more than Rs 10 lakh in a single bank, it will be visible. Now let us assume that your salary income is approximately ₹8 lakh and it is shown in your ITR that you made a credit card payment of ₹1 lakh, then here the chances of your query increase that you may get a query. If your salary is ₹2-30 lakh, in that case there is no problem in spending ₹10 lakh through credit card. You can file ITR One. It depends on how much your expenses are compared to your salary. If expenses seem to be more than salary, then there may be problems. So if you do not want to file ITR One then you will have to select another ITR form. And let's talk about sale of securities. If you have related to the stock market, then it is visible in your ITR. Visible inside AIS. As the purchase is visible then there is no problem. You can see the sale, right? Now two things happen here also. First of all, if you have suffered a loss, it is a small loss, like a loss of Rs 1000, 2000, 5000. If you do not want to show it in ITR, you can ignore it. If you have made a profit. Now look at the profit also, if in some conditions there is a profit of ₹100, ₹200, ₹500. If you ignore it, there is not much problem. ignore it, there is not much problem. But if your profit is ₹1000 and your salary income is more than ₹6 lakh. In that condition it is also necessary to show ₹1000. Because tax is payable even on that amount. It will be ₹200, 20% tax is applicable. There is a long term in the short term. If your sale of securities is only and only long term then you can consider ITR One. Long term items can also be shown in ITR One. Apart from that, here I have clarified to you that if your profit on sale of securities is more than ₹6000 then do not show it in ITR 1. If it is long cannot show short term profit in ITR 1 then you do not have to file ITR 1. Sale of securities. A lot of people ignore this. Nowadays there are many local e-mitra people. People sitting in CSC centre computer e-Mitra cafe open, they file ITR. ₹23 files ITR for ₹300. They file ITR One for everyone. They say do n't show these things. Don't show it to them. We have a lot of He says, Sir, the person from whom we get the file done does not show it at all. If the government has information about this. If you click inside AIS, it will price. So the government has complete information about how much profit you have made. So do not make the mistake of hiding such transactions. Cash deposit or cash withdrawal. Now see, you told me that I work on salary. This is my salary which comes directly to the bank. Apart from that, why did you get cash deposited or cash withdrawn ? If the amount is small, say ₹3 lakh, then the bank will not report it. When do you report? In these cases your Aadhaar PAN is not linked etc. You have seen in that case. Or if this amount is big, more than Rs 10 lakh or Rs 20 lakh, then it will be visible in that case. If it appears that you have withdrawn or deposited more than Rs 10-20 lakh cash, then you must have proof of it. There should be a record of where this brother got the cash from? Or if you have withdrawn cash, then why have you withdrawn it? You should know the proper reason for its proof. If you feel that the region is valid then you can file ITR 1. Otherwise you will have to show the business because show the business because you would have withdrawn money related to that business. I bought and sold the land. If you tell me that I sold the land, I have deposited that money. It is illegal to sell land in cash. You can keep that amount in cash only up to the token amount of ₹2000. The rest should be through the bank. So if this is visible to you then you will have to show business income and business income does not come under ITR 1. ITR comes in three or four. Commission income. Now if you have received commission income from somewhere, it is a small amount. Your major is not income. For example, if your salary is Rs 812 lakh and you get commission income of Rs 6,000, then you can file ITR 1 by showing it in other income. There is no problem. But if you do not have salary income and your major income comes from commission only. If the amount is Rs 34 lakh, Rs 5 lakh, Rs 6 lakh then you should not file ITR 1. File ITR 3 or ITR 4. Do not show it in other income. Then if this is your major income source then show it in business income. If this is your part time income brother, you are getting a good salary of Rs time income brother, you are getting a good salary of Rs 78 lakh. Then if another ₹600 commission is added to it, then you can show it in other sources in ITR 1. Otherwise, you will have to file ITR for the proper commission income only. However, commission income is not included in ITR 4. But if you want to show 100% business then you can do it in ITR 4 also. There will be no problem. Business receipt. Now the same thing comes up in business receipts also. If it is a small amount, you can show it in other sources in ITR 1. There will be 100% income. This means that your salary is ₹5 lakh and the business receipt shows ₹2 lakh. ₹ lakh. If you want to show business receipts as other income, you can put it in other income in ITR 1. The entire Rs 2 lakh will become taxable. There is no problem. But if you do not have salary income and only have business income, that too is more than Rs 2 lakh. If it is more than Rs 50600 can increase its amount a little. If it is more than Rs 2 lakh then do not file ITR 1. If that is business income then show it in the business. You can show it in ITR 3 or you can also show it in ITR 4. It is not a small salary. This is your full time work. So do not file ITR 1. Now see, many of these delivery partners work on online commission basis, that is, they get money on every transaction and TDS of 5-6% is deducted from them, in some cases 5%, in some cases 10%, so the is shown in the business receipt. They can file it in ITR One. If that payment total is small. If the amount is large then it should go to ITR 4 or 3. If your transaction of VDA Crypto is visible, even if that transaction is of ₹50, then you do not have to file ITR 1. Do you want to file ITR 2 or ITR 3? If there is or ITR 3? If there is any transaction of Crypto VDA Virtual Digital Asset then you cannot file ITR 1. Winning from online gaming, if you did it somewhere earlier, has now stopped. Have you played online games etc. somewhere before? There were many companies like Dream 11, Vision 11. It was if you have any transaction in the 3-4 months of April, May, June, July, then you do not have to file ITR 1. Two or three files have to be filed. If you do intraday trading, FAO trading then you do not have to file ITR One. That transaction is not even visible in your AIS. But if you have done trading etc. You have been trading small things. Brother, you said that I did one or two trades and got a turnover of Rs 15, 20,000. There was a profit or loss of Rs 500-600. If there is a profit loss of ₹1000-2000 then you can file ITR 1, there is no problem. But if the same profit is of ₹5,000 or a larger amount or there is a loss, then you do not have to file ITR 1, otherwise you will have to file ITR 3. If you have a business , you get business income, if you do n't have a salary, many people think that we are working on a salary. But he is a contract employee. Work on contract basis. A employee. Work on contract basis. A should also not file ITR 1. ITR 4 or 3 should be filed. If the payment is small, you are a contract employee and your monthly payment is ₹15,000. The annual payment will be approximately ₹1.5 lakh. 10% TDS is being deducted from that. Total payment is Rs 1.5 lakh. So you can file ITR 1 and show it in other sources. There is no problem. But if the amount becomes large then ITR 1 should not be filed. Are contract employees. Your TDS is being deducted under section 194J 194JB. So in that condition you should move towards ITR 3 or 4. ITR One should not be filed. So it must have become clear till here. Which people have to file ITR One? Now let me show you some examples. Look, we have kept AIS TIS open. See in this case, there is dividend income, savings income , FD income. Apart from this, if Sale of Securities and Mutual Funds comes, then ITR 1 will be filed here or it will not be filed. If it is all long term capital gain. Now how will we know this? Wherever you have your account or demat account, that broker will give you the report. You will find out in that report. you will know whether it is short term or long term. If all this is long term then you can file ITR 1. If some portion of it is short term and there is a loss in it, then if you want to ignore that loss, you can do so. But if you want to show that loss in ITR and want to carry forward the loss so that you can get its benefit in the next year, then in that condition you will have to file only ITR 2. ITR will not work in one. Now tell me, look at this second case. Look, in this there is dividend income, savings income, FD income, interest. Everything was fine till here. Ok? But now look at the sale of securities, the sale of securities is also a big amount. This amount was huge. It is around 21 lakhs. So in this condition ITR 1 should not be filed. Even if this is all long term, we will still have to see how much profit was made. If the profit is more than ₹15 lakh then it cannot be included in ITR 1. If the profit is below ₹1,25,000 and the entire profit is long term, then it can come in ITR 1. But here you will see that the business receipt has also arrived. Now see, there is no salary income but business receipt has come and miscellaneous payment i.e. credit card transaction of a very high amount has also come. So here it is safe to file only ITR 3 or 4. You should not file one and two here. If in your case also such miscellaneous payment is showing around Rs 30 lakh, then this purchase of securities can this purchase of securities can come anywhere. There is no problem with this. Now see this is another case there is dividend income, saving income and FD income. In this case, even if you have salary income, you can still file ITR 1. In this case ITR One can be filed. check Form 26AS. You will come to e-file on the Income Tax portal. Will come on income tax return. You will get view 26 AS here, right? You have to check this form. You will click on this. After this, a page like this will appear in front of you. Here you have to see that if it is your salary income then it will be shown here and if TDS has been deducted on it then that TDS will also be visible to you here. If TDS is not deducted then there is no problem. If TDS has been deducted then it will be visible here. Like in our case FD is showing income in which 15G and H were submitted. So TDS is not deducted here. So we will learn to report this also. Let us now talk about how you can file your ITR 1 yourself step by step. Look, till now we have made it clear that brother, you should not select the wrong ITR. You have to come to the Income Tax website. We have logged in. After logging in, the home page will appear like this. The rest will click on the dashboard. There you will get the option of File Now. Or you can also click on e-file income tax return, here you will see file income tax return. front of you. You have to select the year. The assessment year will be 2627. The financial year will be 25-26. Will file online. I will continue. Here you have to click on the option below to file state. If you had filed something earlier and had closed it midway, then you can also resume it. You have to keep a tick on the individual. Here you have to click on proceed. Now see, from here you will select the form ITR One. Proceed with ITR One. Before that, look here I am telling you something. If your income is below Rs 50 lakh then you can file ITR 1. If your 112A i.e. long term capital gain is below Rs 12,25,000 then you can file ITR 1. If your agricultural income is below Rs 5,000, you can file ITR 1. If you have income from two house properties, you can also report that in ITR 1. Let's proceed. ok will do it. Let's get started. Tick ​​the first option. If your income is more than the basic exemption limit, i.e. more than Rs 4 lakh. Otherwise, tick the last option. Whatever is applicable to you, you have to continue it. ok will do it. Now look at the personal information, there is not much change to be made in it. Your personal information will be given. You have to see. In that you will be asked for the secondary address. There your secondary address is different from the primary one, so enter it. If it is same then he will get the option to tick same as primary. You have to tick on yes and continue further. I'll show you right now. it will come down a little and will ask this. You have to say yes here and continue. Saved it on continue. Then you will come down and will be asked about the nature of employment. Look here, you will find many options. If you are a Central Government employee, State Government employee or work in PSU, are a pensioner, then you will get options here and if you are a private employee, then you have to select Other. If you are not employed or do not work, then you can also select 'Not Applicable'. We select the other option. Now when you come down, here you have to tick the first option. 31st July is the last date. Before that you have to file your ITR. After that this option will automatically be ticked. Will come down, you have to tick on no. As I told you, to file ITR under the new tax regime, you have to tick No. Then you will come down and you have to Many people say yes to this. See, if you are it remain pending. Below in the bank details, you have to add all the banks and choose one bank for refund if your refund is made. Here you have to continue. The first option is complete. Gross total income. Coming to the second point. First of all let's talk about income from salary. Your gross total salary. You have received Form 16. You have to write the gross total salary here. If you have given the perquisites at number two in Form 16, then you have to write that also. It has to be filled same to same as Form 16. If your salary tells you that every month I get Rs 500 directly in my bank. You do n't get anything like Form 16 etc. By multiplying 500 by 12, you will get a salary of ₹6 lakh as per 500. So you can also deposit ₹6 lakh here. If you say that I did not work for 2 months, then you can write 10 months of work at the rate of ₹00. Write ₹5 lakh. Write down your income. If you have received Form 16 then submit it as per Form 16. The company has switched. If you have a job with two companies, then add the total of both. Ok? If you do not get Form 16, brother, you say that my salary is around Rs 89 lakh. If the company does not provide Form 16, then calculate the total amount of money that has been deposited in your bank account. It money that has been deposited in your bank account. It is simple, nothing too complicated. After this, we just have to go further down to exempt allowances. See, there is no exemption in the new tax regime. So leave it. Then you have to come down and save it. Some things are accepted. Now see what they are, you will find them here. Such as Remuneration Received by an Official Weather Name Called of an Embassy is for the employees of the High Commission. Not for you. These allowances perquisite government is providing service outside India. If you get death amount gratuity, then in that case this gratuity money is exempted, so you can take it here. Apart from that you can also read. If you have received any of these amounts which are exempt, you can take deduction for it, otherwise you cannot take it. Many people say that they get travelling allowance. But read it completely. The transport allowance is given to physically handicapped SSC. If you do n't have proof of this. If you do not have its certificate then do not claim it. Its amount is around Rs 16,32,000. So that is not for you. If you are, it will be given in your Form 16. If you have reported it to the employer. Otherwise you do not have to enter any allowance. There will be fake allowance. There will be no deduction for anything. Now we have to come down. Look, this 75,000 automatic will be reduced from this. You will get standard deduction and you have to save it. The first option of salary gets completed. The only other option is income from house property. Now the details of income will come here. Here you have to add the details of income from house property. you can get rent income then it is important for you to provide its details. First, you will need to provide the address of the property. I have given you the address of where your property is located. Then here you will be asked whether you are the owner, then you have to tell that brother, it is you. I am the self owner. Now he will ask whether he is a co-owner also? If yes, then you will have to say yes and give the owner's details also. Now see, if we say yes, then they are tell you that. If there is no co-owner then say no. The property will be 100% yours. I have given the details of the property. Now he is asking given the details of the property. Now he is asking you have to click on Self Occupied. This is your own property. Ok? If you have given it on rent. If rent is coming from there then it has to be paid for let out. Here you will have to give the details of the tenant. The tenant is providing you with income. You have income coming to you. If your rent is more than Rs 500. So it becomes the duty of the tenant to deduct TDS. If the monthly rent is more than Rs 500, then if TDS has been deducted, then fill this detail here and you have to claim the TDS in the end. If not, you can leave it blank. You can proceed just by entering the name. Ok? is it done. After this you have to enter the amount here. How much rent did you get for the whole year? How much is the rent? You have to enter that amount here. Ok? And after that, if you paid any tax to the local authorities, whatever local tax is prevalent in your area, then you can take deduction of that amount, for example, if you got rent of ₹1200 and we paid tax of ₹1200, then you will see that you got deduction of ₹1200, you will see that you got deduction of ₹1200, now from this amount, 30% deduction is automatically given, only 70% of your amount is taxable. Why? Because the government says that brother, you must have spent some money on your living expenses and maintenance etc., so they will spent some money on your living expenses and maintenance etc., so they will They say that you have got a discount of Rs 35,000 and you will be charged tax on the remaining amount of Rs 83,000. And when will the tax be imposed? If your total income goes above Rs 12 lakh then it is complete. Ok? Now you see, if you have a property on which you have taken a loan and have rented it out, then you also get a deduction for the interest on the loan. If you have taken a loan and are renting it out, both the conditions must be fulfilled. So here you have entered the details of his interest on borrowing capital and we have entered the details of rent. Now details of his interest will also have to be given. What do many people do here? They enter fake details. Earlier it used to work till 2 years ago but from last year onwards everything will be asked from you on this. Where have you taken the loan from ? It is from the bank. From which company have you taken the loan ? His name, loan account number, on which date was the loan sanctioned? What was the total loan amount? All this will have to be added. If you have a genuine one then put it in. Don't put it wrong. If you put anything like this, you will get stuck badly. Put this in. If this is the case with you, then the This has to be saved. If it is in your case, if it is not in our case, then we back it up. After that I got my salary. The house became a property. And what other income comes ? Other sources. Look at other sources where FD interest comes. Dividend income comes. Savings income comes. Income from income tax refund. Look at this interest. We filed ITR last year. In that we took a refund of Rs 500. So, the refund of Rs 500 which the government gives after 2-3 months, we also get interest on it. So it's the same interest. Instead of Rs 5000, we got Rs 50750. So this interest will come to you automatically here. Do n't make the mistake of deleting it because it is your income. n't make the mistake of deleting it because it is your income. Apart from this, savings account, FD and interest all came. The dividend has arrived. You have to verify this amount from your AIS or your bank statement or from wherever you received the money. If it matches then it is fine. If it is not matching then it has to be edited. Here you have to click on Dividend. Click on edit. If you feel that this amount is not 2684 but 2700, then you have to make it 2700. Don't reduce it. If it is coming too much then it means you are wrong. Where is most of it coming from? Find that out first. If you are thinking that no brother, this is 100% wrong. If it has come in excess then reduce it. Otherwise, don't do it. If you do less then a notice is certain later. is it done. You have to see everything. Do whatever editing you want to do from these. Apart from this there are other options also. Want to add family pension? If any of your family members dies in your account, then any of your family members dies in your account, then How much do you get in this? You get a discount of up to ₹25,000 here. Or 1/3 of pension. How much is 1/3? Like you got ₹00 pension. So you can claim deduction here of 1/3 of 300 i.e. 10,000. Look, the government should have given this deduction not come automatically then you can claim it if you want. If you increase it by even ₹1 from ₹1,000, this deduction will not be claimed. See, if you make it ₹000 then it is clearly telling that you will get deduction of 1/3 or up to ₹25,000. That means if your pension amount is Rs 3 lakh, then you will get a maximum deduction of Rs 5,000 out of Rs 3 lakh. then you will get a maximum deduction of Rs 5,000 out of Rs 3 lakh. Ok? Otherwise you take 1/3. Maximum 1/3 and 25,000 is whatever you can consider. What other income can be generated? As you can see. Here you will see that there are many PF funds etc. Now this PF fund is taxable. There is a limit there. You invested more than that limit. So the extra amount that you have invested is not tax free. You have to pay tax on that. So you will have to enter that here. The option of Income from Other Sources has been completed. After that you will see the exempt income. There are some things in exempt income on which no tax is levied. There is agriculture related income. For example, in agriculture income, you can enter it, here you can report agriculture income up to ₹5,000. But if you enter 50001 then it will not allow you to file ITR 1. And if you deposit Rs 5000 then it will accept you. Apart from this, you can also see whether you have received any compensation, any investment from the government, you can see from specified investment that there is some income, sum received by senior citizens, minors, any money from LIC etc., NPS, PF, Sukanya Samriddhi Yojana, the maturity amount of all these schemes is tax free, so if you have received money from here, then show it in ITR, there will be no tax on it, even if you do not show it, there is no problem, but if suddenly a big amount hits the bank then it can be a problem. This is the option of acquittal and the last option is of capital gain. If the long term capital gain is up to ₹1,25,000 then you have to enter the sale value and buy value. The sale value is 5 lakhs and the buy value was 3 lakhs. So if it goes above ₹1,25,000 then it will not accept it. Here you can deposit up to ₹1,25,000. Depositing more than ₹1,25,000 means you cannot report it in ITR 1. So here you have to keep in mind that if you have accepted this, it may be an error but if your capital gain is more than Rs 12,25,000 then you do not have to enter it here. If you invest Rs 4 lakh then there is a gain of Rs 1 lakh, so it is fine. If yours is short term then you do not have to file ITR 1. Please note, I will just confirm it. All these things happened. ITR One just ends here. There is nothing further. Total deduction has to be included. If there is any deduction, please add it. Look, here you are not getting the option to edit. deduction is available in the new tax regime. Except NPS. If you have contributed to NPS, this amount will come automatically. This should not be touched. If it is not coming then verify it first. Do you have it in your Form 16? Have you actually invested in NPS ? If you have done it then edit it and enter the amount. 10% off salary for private employees. 14% off basic for government employees. You can enter this amount. Can't put maximum. You we will not put anything in it and confirm it. Taxes Paid: If your TDS has been deducted from your salary, it will be visible here. This amount has to be matched with Form 26S. If the amount coming here is less, then you have to increase it by editing. Ok? After that, if there is any TDS other than salary from FD etc. then it will be visible here. Apart from that, if there is any TCS then it will be visible here. If there is no TCS then there is no problem. And if you have paid any tax yourself then it will be visible here. Now let's come and confirm it and in the last option verify our tax liability, our income became 581000 tax became 17568 on which the government gave us rebate because 12 lakh and 60000 income 12 lakh tax up to 60 you get full rebate and you have to come down and confirm it, this is done ITR complete proceed to verification will be done, we have to make payment of ₹ if payment option is coming in your case then here you will get the option of pay now and you have to proceed only after doing pay now. If refund is written in your case then that much refund will come into your bank account. After ITR processing, the After ITR processing, the amount is small or big, more than Rs 20,000, then it may take time. It may take 1 month or 2 months also. But as soon as the ITR is processed, the refund will be credited to your bank account within a day or two. In which bank account will it come, it will come in the bank account which you had told you in the beginning, you had selected it and you have to proceed here, you have to tick on Preview and Submit, enter your place and click on Proceed to Validation and e-verify your ITR, e-verify means submit it through OTP, there are many other options for e-verify. submit it through OTP, there are many other options for e-verify. Aadhaar OTP is the best. So that was all there was to this video. We hope you have understood how you can file your ITR 1. If you want to take our service ITR 1 2 3 4 all services are available with us. You will see the number on the screen. You can contact him on