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How to File Income Tax Return Online

How to File Income Tax Return Online

Every person who have income required to file Income tax return according to rules prescribed  in Income tax Act 1962. Income tax is direct tax levied by the central government. There are several rules and regulation written in the Income tax act which a person has to follow at the time of filling income tax return online.

File Income Tax Return Online

File Income Tax Return Online

Procedure to file Income tax return online

Here you will found the detailed information about how to file income tax return online. Before starting it is important to understand in which head your income fall to select the correct ITR form. There is total 5 heads of income under income tax act.

  • Income from Salary
  • Income from house property
  • Income from Business and profession
  • Income from capital gain
  • Income from other sources

This complete article is based on Hoe to file Income tax return online only person having salary income. It is suggested by us to consult with accountant if you have income other than salary.

File Income Tax Return Online

File Income Tax Return Online

Detailed procedure: How to File Income Tax Return Online

Step 1: Registration of PAN on Income tax website

Visit Income tax India official website to file Income Tax return online. The official website of Income tax for online filling of return is www.incometaxindiaefilling.gov.in. Click on register button and fill the required details. After creating account over website you will receive a confirmation mail from income tax department. Here your registration process over.

Step 2: Login for e-file

Now login with you User ID and password. Download ITR 1 form. The form will be in Zip format, extract it. You will find an excel sheet. Fill the necessary requirements in the form and validate it after completing each sheet.

Important information to File Income Tax Return Online

  • You have to know your IO jurisdiction while filling Income tax return online. This you can see through website incometaxindia.gov.in after entering your pan card number and DOB.
  • Second important thing is section under return of income is going to file. If you are filling return before due date than section will be 139(1) if after due date than 139(4).

Step 3: Upload your Return

After filling the whole form calculate the tax through calculate tax button from first sheet. Now generate xml file. Save it on your computer. Re-login to your account on income tax india website. Go to upload form and upload your xml file here and then submit.

Step 4: Download ITR-V form

You are not done yet. The final step is Downloading the ITR V form. Through your account download ITR-V and after signing send it to given address within 120 days.

You are completely done here. By following these steps a salaried person can easily File Income Tax Return Online and can save filling fees.

Filed in: Education

One Response to “How to File Income Tax Return Online”

  1. February 19, 2014 at 12:15 pm #

    Really helpful article. It saved my lot of time and consultancy fee too. Hoping for some articles on TDS return filling like this. Thanks

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