New Delhi, Sept. 14 -- With only a day left to file income tax returns, many taxpayers are rushing to submit their ITR at the last minute before the deadline. Some may still have important questions about the process, the ways to file ITR, penalties for delay, and more.

Here are some key frequently asked questions (FAQs) from the Income Tax Department to help you navigate ITR filing as the deadline looms -

Different forms of ITR are prescribed for different classes of taxpayers under the Income Tax Act. They are -

ITR 1 (Sahaj) - For individuals having an income of Rs.50 lakh or less.

ITR 2 - It is applicable to an individual not applicable under ITR 1 form or a Hindu Undivided Family not having income chargeable to income-tax under t...