Tax

How To File Income Tax Returns Online

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11,979

Filing income tax returns is no longer the hassle it used to be. Gone are the long queues and endless anxiety of making the tax-filing deadline

With online filing,also called e-filing, it is convenient to file returns from the confines of your home/office and at very short notice.

Mentioned below are the broad steps to file your income tax returns online:

Sr No. Step Guide To File ITR Online
Step 1

Log on to the portal

Log on to the Income Tax Department portal (www.incometaxindiaefiling.gov.in) for filing returns online. Register using your Permanent Account Number (PAN), which will serve as the user ID.
Step 2

Download appropriate ITR form

Under 'Download', go to e-filing under the relevant assessment year and select the appropriate Income Tax Return (ITR) form. Download ITR-1's (Sahaj) return preparation software if you are a salaried individual.
Step 3

Enter details in Form 16

Open the Return Preparation Software (excel utility) that you have downloaded, follow the instructions and enter all details from your Form 16.

Step 4

Compute all relevant tax details

Compute tax payable, pay tax and enter relevant challan details in the tax return. If you do not have a tax liability, you can skip this step.

Step 5

Confirm the above details

Confirm the details entered by you and generate an XML file, which is automatically saved on your computer.
Step 6

Submit return

Go the ‘Submit Return’ section and upload the XML file.

Step 7

Digital signature

You can digitally sign the file on being prompted. If you do not have a digital signature, you can skip this step

Step 8

Confirmation from ITR verification

A message confirming successful e-filing is flashed on your screen. The acknowledgement form – ITR-Verification is generated and the same can be downloaded. It is also emailed to your registered email id.

Step 9 E-verify Return You can e-verify the return through any one of the below six modes: 1) Netbanking, 2) Bank ATM, 3) Aadhaar OTP, 4) Bank Account Number, 5) Demat Account Number, 6) Registered Mobile Number & E-mail id. E-verification eliminates the need to send a physical copy of the ITR-5 acknowledgement to CPC, Bengaluru
 

 

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