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Individuals with salary income, house property, and interest income can file ITR-1, provided total income doesn't exceed ₹50 lakh.
You'll need PAN, Form-16, bank statements, investment details, Aadhaar, and other relevant financial documents for accurate filing.
Deductions under sections like 80C, 80D, 80TTA, and home loan interest are common for ITR-1 filers, maximizing tax benefits.
No, ITR-1 is for salaried individuals. Freelancers or consultants with business income must file ITR-3 or applicable forms.
You can file a belated return before the end of the assessment year, but penalties and interest may apply.