New Delhi, June 4 -- With the Income Tax (I-T) department having released the excel utilities for ITR-1 and ITR-4, it is the time for taxpayers to start filing their tax returns. If you are a salaried taxpayer, you can use ITR-1 to file your income tax return.

However, there are some key points to remember if you are a salaried taxpayer. Here, we answer the commonly asked questions with regards to filing of income tax returns (ITR). These include eligibility to file ITR-1, exclusion they carry, documents required and precautions to take.

ITR-1 can be filed by a resident individual whose total income does not exceed Rs.50 lakh during the financial year. Additionally, the income should be from salary, one house property, family pension in...