New Delhi, July 19 -- Many salaried taxpayers assume they can simply file ITR-1 (Sahaj) because their primary source of income is salary, which is not always true. If you have income from multiple sources, own certain assets or have carried out specific financial transactions in a financial year, you may have to file a different ITR form.

The due date for filing income tax return (ITR) just less than two weeks away, hence choosing the correct form is the first step towards compliance. The income tax department has prescribed different ITR forms based on the nature of a taxpayer's income and their financial profile.

A resident salaried taxpayer with a total annual income of up to Rs.50 lakh can file ITR-1 if they meet the prescribed elig...