New Delhi, Apr 6 (IANS): The government on Thursday notified one-page simplified Income-tax Return Form-1 called "Sahaj" for Assessment Year (AY) 2018-19 that can be used by salaried employees having income up to Rs 50 lakh.

The Central Board of Direct Taxes (CBDT) had notified the Sahaj form for AY 2017-18 as well which benefited around three crore taxpayers, an official statement said.

"For Assessment Year 2018-19 also, a one page simplified ITR Form-1 (Sahaj) has been notified. This ITR Form-1 (Sahaj) can be filed by an individual who is resident, other than not ordinarily resident, having income up to Rs 50 lakh and who is receiving income from salary, one house property, other income (like interest)," it said.

It added that this year, parts relating to salary and house property have been rationalised and furnishing of basic details of salary (as available in Form 16) and income from house property have been mandated.

"ITR Form-2 has also been rationalised by providing that individuals and HUFs (Hindu Undivided Families) having income under any head other than business or profession shall be eligible to file ITR Form-2. The individuals and HUFs having income under the head business or profession shall file either ITR Form-3 or ITR Form-4," it added.

There is no change in the manner of filing of returns as compared to last year and all forms have to be filed electronically.

However, ITR form-1 (Sahaj) or ITR-4 (Sugam) can be filed in paper form by individuals over 80 years of age, and individuals or families with income up to Rs 5 lakh and who have not claimed any refund in their return, it said.