Steps to file Income tax return online

By | June 5, 2016
(Last Updated On: June 5, 2016)

Steps to file Income tax return online

file Income tax return online

Step-1 : Register With Income Tax Department to file Income tax return online

To file Income tax return or to View your tax credit statement in Form 26AS  you need to register yourself on the Income tax website https://incometaxindiaefiling.gov.in/

Step 2: Open the Income Tax portal to file Income tax return online

https://incometaxindiaefiling.gov.in/, and under the download menu on the right hand side you will find the list of ITR for A.Y.2016-17 Download the Income Tax Return (ITR) form /EXCEL UTILITY applicable to you.

ITR 1 (SAHAJ) – For Individuals having Income from Salary & Interest.

ITR 2 – For Individuals & HUFs not having Income from Business or Profession

ITR 2A – For Individuals & HUFs not having Income from Business or Profession and Capital Gains and who do not hold foreign assets

ITR 3:- For Individuals/HUFs being partners in firms and not carrying out business or profession under any proprietorship

ITR 4:- For Individuals & HUFs having income from a proprietory business or profession

ITR 4S (SUGAM)- For Individuals/HUF/Partnership Firm having income from presumptive business

ITR 5 – For persons other than,- (i) individual, (ii) HUF, (iii) company and (iv) person filing ITR-7

ITR 6 – For Companies other than companies claiming exemption under section 11

ITR 7 –For persons including companies required to furnish return under sections 139(4A) or 139(4B) or 139(4C) or 139(4D) or 139(4E) or 139(4F)

Step 3: Check your TDS credit to file Income tax return online

Log on to the Income Tax Department’s portal https://incometaxindiaefiling.gov.in/ meant for filing taxes online using your Permanent Account Number (PAN), which will act as your user ID. Go to “My acccount” tab on the top and then click “view form 26AS (Tax Credit)” and click confirm ,and then again check the box of confirm screen and click proceed,  Check the TDS of Relevant AY

Step 4:-Download the Excel Uitility (on Deskptop as you need to generate and locate the XML file after filing the form ) and Complete the form of Excel Utility to to file Income tax return online

Open the downloaded excel utility of ITR and complete the form by entering all the details.

Step 5 :- Validate and Confirm worksheets to file Income tax return online

Confirm all the information in the worksheet by clicking the ‘Validate’ tab & cross check the same from FORM 16(given by Employer for salary information and TDS )  ,Form No 16A (given by the Banks / Deductor for TDS dedcted on FDR’s, rent etc ,)  and Form 26As (As per step-3)

Step 6:- Calculate and Pay the Tax  before filing Income tax return online

Ascertain the tax payable by clicking the ‘Calculate Tax’ tab. Pay tax (if applicable) and enter the challan details in the tax return. Tax can be paid online through site https://onlineservices.tin.egov-nsdl.com/etaxnew/tdsnontds.jsp using Challan 280.

Step 7:- Generate XML File before  filing Income tax return online

Proceed to generate an XML file and save it on your computer. 

Step 8:- Login to E file Return to file Income tax return online

Log on to the Income Tax Department’s portal https://incometaxindiaefiling.gov.in/ meant for filing taxes online using your Permanent Account Number (PAN), which will act as your user ID.

Step 9 :- Upload the Return and file Income tax return online

Go to ‘Upload Return’ on the portal’s left panel and upload the saved XML file after selecting ‘AY 2015-2016 ‘ and the relevant form. You will be asked whether you wish to digitally sign the file. If you upload the return with digital signature the process of efiling of ITR gets completed on generation of Acknowledgement, if you didn’t use digital signature, you can use Electronic Verification Code (EVC) system as an alternate mode of verification rather than sending by post the manually signed ITR-V (acknowledgment) to CPC Bangalore.

EVC, a ten digit alpha-numeric code, to be provided using any of the 4 methods, namely –

a) internet banking,

b) AADHAR authentication,

c) Bank ATM card and

d) Combination of registered email and mobile number (where income is below Rs 5 lakhs and there is no refund).

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