Correct option is B
Salaried resident individuals with a maximum income of Rs 50 lakh within a financial year are eligible to file the ITR 1 form.
· ITR 1 Applicability:
· Income source should primarily be salary or pension.
· Income may include a single property and other sources (excluding horse racing, gambling, lotteries, etc.).
· The taxpayer should not own property outside India.
· No foreign income should be received.
· Interest income from savings, deposits, and family pension is allowed.