Who has to file ITR 1

Who are eligible to File ITR-1

A resident individual whose total income includes:

Salary / Pension income

One house property (excluding cases of brought-forward loss or carry-forward loss)

Other sources (like bank interest, FD interest, family pension, etc.)

Agricultural income up to ₹5,000

And whose total income does not exceed ₹50 lakhs during the financial year.

You cannot file ITR-1 if:

Total income is more than ₹50 lakhs

You are a director in a company

You have investments in unlisted equity shares

You have income from more than one house property

You have capital gains (short-term or long-term)

You have business or professional income

You are a non-resident or RNOR (Resident but Not Ordinarily Resident)

You have foreign assets or foreign income

You have agricultural income above ₹5,000

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