Income Tax
ITR for Salaried Individuals
Quick answer: ITR filing for salaried individuals — ITR-1 SAHAJ or ITR-2 — for AY 2026-27 with Form 16 and deduction planning.
₹499
1
4.8(25 reviews)
Why choose FinTax24
- 20000+ salaried ITRs filed for AY 2025-26
Who needs ITR for Salaried Individuals?
- Resident salaried employees with single or multiple Form 16s and income up to ₹50 lakh for AY 2026-27.
- Salaried individuals with capital gains from sale of equity, MF, or property — ITR-2 required.
- Pensioners with pension income and former employer TDS — ITR-1 SAHAJ available.
- Employees with HRA exemption and home loan interest claim — ITR-2 if multiple house property.
- Family pension recipients with Section 80DDB medical reimbursement claim.
- NRIs returning to India with salary income fully taxable for FY 2025-26.
- Salaried directors and partners with director fees / partner salary — ITR-2 or ITR-3.
How it works
- 1
ITR Form Selection
ITR-1 SAHAJ for salary + one house property; ITR-2 for capital gains or multiple property.
- 2
Form 16 Collection
Share Form 16 from employer, Form 26AS, AIS, bank statements via secure portal.
- 3
26AS / AIS Reconciliation
TDS deducted by employer matched with 26AS / AIS to fix mismatch before filing.
- 4
Deduction & HRA Planning
Section 80C to 80U deductions, HRA under 10(13A), and standard deduction maximised.
- 5
ITR JSON Drafting
ITR utility generated — ITR-1 or ITR-2 with all schedules and exemptions.
- 6
E-Filing & Aadhaar OTP
ITR uploaded on incometax.gov.in and verified with Aadhaar OTP within 24 hours.
Timeline
Benefits
- ITR filing for salaried individuals using ITR-1 SAHAJ or ITR-2 based on income sources for AY 2026-27.
- Form 16 (TDS on salary) and Form 26AS / AIS reconciliation to fix TDS mismatch before filing.
- Section 80C (₹1.5L), 80D (₹25K-₹1L), 80CCD(1B) NPS (₹50K), 80E, 80G, 80TTA / 80TTB planning.
- HRA exemption under Section 10(13A) — minimum of rent paid minus 10% of salary, or 40% / 50% of salary (metro / non-metro).
- Home loan Section 80C principal repayment + Section 24(b) interest up to ₹2 lakh (self-occupied) / unlimited (let-out).
- Standard deduction of ₹75,000 on salary income for AY 2026-27 (per Finance Act 2024).
- Avoid Section 234F late fee ₹1,000 (income ≤ ₹5L) or ₹5,000 (income > ₹5L) by 31 July 2026.
- 143(1) intimation tracking and refund credit within 30-60 days of processing.
Documents required
- PAN and Aadhaar of the taxpayer — Aadhaar-PAN linking mandatory for e-filing OTP.
- Form 16 from employer for FY 2025-26 — TDS on salary, perquisites, and profit in lieu of salary.
- Form 26AS and AIS downloaded from e-filing portal — all TDS, TCS, advance tax entries.
- Bank statements and passbooks for all savings, current, and FD accounts during FY 2025-26.
- Rent receipt for HRA exemption — landlord PAN if annual rent exceeds ₹1 lakh.
- Home loan certificate for Section 80C principal and Section 24(b) interest claim.
- Investment proofs — LIC, PPF, ELSS, NSC, tuition fees, 80D mediclaim, 80CCD(1B) NPS contribution.
- Capital gains statements from broker / AMC if ITR-2 required for FY 2025-26.
DIY vs FinTax24
Why file itr for salaried individuals with FinTax24 instead of doing it yourself.
| Aspect | DIY / Portal | Local Tax Consultant | FinTax24 |
|---|---|---|---|
| Filing time | 7–14 days (typical) | Varies by availability and workload | 1 |
| Expert review | None | Depends on the consultant | Expert verified on every filing |
| Document check | You self-verify; rejected on portal | Manual review may vary | Pre-verified by our team before submission |
| Support | Email / chatbot | Appointment-based or office hours | WhatsApp + phone, Mon–Sat 10 AM–7 PM IST |
| Pricing | Government fees only | Consultant fee + government fees | Transparent: From ₹499 + govt fees |
Frequently asked questions
Which ITR form should a salaried individual file for AY 2026-27?
ITR-1 SAHAJ if income is up to ₹50 lakh from salary / pension, one house property, and other sources (interest, dividend). ITR-2 if income exceeds ₹50 lakh, has capital gains, multiple house property, foreign income, or agricultural income above ₹5,000. ITR-3 if business income also exists.
What is the ITR due date for salaried individuals in AY 2026-27?
ITR-1 / ITR-2 due date for salaried individuals for AY 2026-27 (FY 2025-26) is 31 July 2026. Belated filing under Section 139(4) is allowed up to 31 December 2026 with Section 234F late fee of ₹1,000 (income ≤ ₹5L) or ₹5,000 (income > ₹5L).
What is HRA exemption under Section 10(13A) for AY 2026-27?
HRA exemption is minimum of: (i) actual HRA received, (ii) rent paid minus 10% of salary (basic + DA), (iii) 50% of salary if metro (Delhi, Mumbai, Chennai, Kolkata) or 40% of salary if non-metro. Rent receipts from landlord required; landlord PAN mandatory if annual rent > ₹1 lakh.
What is the Section 80C limit for salaried employees?
Section 80C allows deduction up to ₹1.5 lakh for EPF, PPF, ELSS, LIC premium, NSC, home loan principal repayment, tuition fees, ULIP, tax-saver FDs, and Sukanya Samriddhi Yojana. Aggregate across all eligible investments. Additional ₹50,000 NPS available under Section 80CCD(1B).
What is the Section 80D limit for AY 2026-27?
Section 80D mediclaim premium deduction: ₹25,000 for self / family / spouse, additional ₹25,000 for parents (₹50,000 if senior citizen), additional ₹5,000 for preventive health check-up. Senior citizens can claim up to ₹50,000 for self / family and ₹50,000 for parents — total up to ₹1 lakh for self + parents (both senior citizens).
What is the Section 80CCD(1B) NPS contribution limit?
Section 80CCD(1B) allows additional deduction of ₹50,000 over and above Section 80C for contribution to NPS Tier-I account. Available to salaried employees and self-employed. Combined with Section 80CCD(1) employer contribution of up to 10% of salary, total NPS deduction can reach ₹2 lakh (Section 80CCD(1) + 80CCD(1B) + 80CCD(2)).
What is the fee for salaried ITR filing at FinTax24?
ITR-1 SAHAJ for salaried starts from ₹499 at FinTax24. ITR-2 with capital gains / multiple house property starts from ₹999. HRA exemption claim and home loan interest included. Multi-Form 16 consolidation and prior year rectification included at no extra cost.
Can a salaried employee with stock options file ITR-1 SAHAJ?
No. Salaried employees with ESOP income, capital gains on ESOP sale, or sale of RSU must file ITR-2 or ITR-3 depending on the income heads. ITR-1 SAHAJ is for pure salary / pension + one house property + other sources only. ESOP perquisite at exercise is taxable as salary; ESOP sale is capital gain.
Sources & authority: For regulations on itr for salaried individuals, refer to incometax.gov.in, eportal.incometax.gov.in.
Last reviewed by: FinTax24 Compliance Desk · Reviewed on:
Related Income Tax
- Income Tax Return FilingITR filing for any taxpayer — ITR-1 to ITR-7 — for AY 2026-27 with Form 16, 26AS, AIS, deduction planning.View details →
- ITR FilingITR filing for any taxpayer — ITR-1 to ITR-7 — for AY 2026-27 (FY 2025-26) with 26AS / AIS reconciliation.View details →
- ITR-1 SAHAJ FilingITR-1 SAHAJ e-filing for salaried individuals for AY 2026-27 — single Form 16, one house property, income up to ₹50 lakh.View details →
- ITR-2 FilingITR-2 filing for capital gains, multiple house property, and foreign income for AY 2026-27 — no business income.View details →
About FinTax24
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- FinTax24 LLP
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