Income Tax Returns: CBDT notifies Common Offline Utilities For ITR-1 To ITR-4 For AY 2022-23

Income Tax Dept - Offline Utilities - ITR-1 - ITR-4 - AY 2022-23 - Taxscan

The income tax department has announced that e-filing of ITR 1 and ITR 4 for AY 2022-23 is enabled.

The Central Board of Direct Taxes (CBDT) has notified the common utilities for the filing of ITR-1 to ITR-4 applicable with effect from the assessment year 2022-23.

In April, the Income Tax Department’s website has enabled the “E- filing of ITR 1 and ITR 4 for AY 2022-23”. Taxpayers can download ITR Offline Utility through the “Downloads” Menu option, fill and file the ITR through the same. Online filing of these ITRs shall be enabled shortly.”

In March, the Board notified the income tax return (ITR) forms for FY 2021-22. A notification dated March 30, 2022 was sent out to the forms. The income tax return forms have remained mostly similar for the past two years. All persons eligible to file ITR can download the offline utilities for ITRs and use them to file returns.

According to the tax department’s website, ITR-1 can be filed by a Resident Individual whose: Total income does not exceed Rs 50 lakh during the FY Income is from salary, one house property, family pension income, agricultural income (up to ?5000/-), and other sources, which include: Interest from Savings Accounts Interest from Deposits (Bank / Post Office / Cooperative Society) Interest from Income Tax Refund Interest received on Enhanced Compensation Any other Interest Income Family Pension etc.

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