Web Event: What’s New With Sahaj--The One Page Income Tax Return Form? - YouTube

What are the new features of the new tax filing form Sahaj?

Sahaj is relevant for annual income levels of upto Rs 50 lakh

Income sources are limited like those from salary, pension, rental income from one house and income from other sources

Total income from all such sources should be less than Rs 50 lakh for one to qualify for using this form for income tax filing

Aadhar has been made compulsory

You also need to declare all the bank accounts you are operating on the day of filing the income tax return

You also need to declare the deposits one made after the demonetization

In Sahaj, it is very easy to record the income tax deductions you are claiming

You have to state the income tax deductions you are claiming under various sections

TDS and tax deduction details have been compressed in Sahaj

For Section 80C deductions, you need to just give the total figure for tax saving investments

Similarly, you just have to give one number for tax deducted at source or TDS