SHARMA & ASSOCIATES

• Who Should File:
• Salaried individuals, pensioners, or any individual earning income from a single house property,

salary, or other sources (like interest).

• Individuals who are residents (not a resident but not ordinarily resident, or NRI) with income up to ₹50 lakh.
• Types of Income:
• Salary or pension.
• Income from one house property.
• Other sources of income such as interest from savings accounts, fixed deposits, etc.

Exclusions: Individuals with income from more than one house property, capital gains, business/profession, or foreign assets.