Income Tax Return (ITR) can be filed easily through e-filing portals, and apps or you can take the help of chartered accountants. You can file your tax return directly online through the income tax department’s website.
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Income tax return (ITR) Filing step by step Guide:
Step 1: Go to the Income Tax e-Filing portal: (https://www.incometax.gov.in/iec/foportal/)
Step 2: Log in using your user ID (PAN), Password, and Captcha code. Click ‘Login.’
Step 3: Navigate to the ‘e-File’ menu and click on ‘Income Tax Return.’
Step 4: On the Income Tax Return Page:
– Your PAN will be automatically filled.
– Choose the ‘Assessment Year.’
– Select the ‘ITR Form Number.’
– Pick ‘Filing Type’ as ‘Original/Revised Return.’
– Choose ‘Submission Mode’ as ‘Prepare and Submit Online.’
Step 5: Click ‘Continue.’
Step 6: Read the instructions carefully and fill in all applicable fields in the Online ITR Form. Save your progress by clicking ‘Save Draft’ periodically.
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Step 7: Choose a verification option in the ‘Taxes Paid and Verification’ tab:
– ‘I would like to e-Verify.’
– ‘I would like to e-Verify later within 120 days.’
– ‘I don’t want to e-Verify and would like to send a signed ITR-V.’
Step 8: Click ‘Preview and Submit,’ then verify all entered data.
Step 9: ‘Submit’ the ITR.
Step 10: If you choose ‘I would like to e-Verify,’ do so through methods like EVC/OTP, generated through a bank ATM, Aadhaar OTP, prevalidated bank account, or prevalidated Demat account.
Step 11: If you chose the other two verification options, the ITR is submitted but not complete until verified later using ‘My Account > e-Verify Return’ or by sending a signed to IT department’s postal address.
Step 12: Enter the EVC/OTP within 60 seconds. If not, the ITR will be auto-submitted. Verify later using ‘My Account > e-Verify Return’ or by sending a signed ITR-V.
Step 13: To view the uploaded ITR, follow further instructions on the portal.
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Following these steps will help you file your income tax return online smoothly.
You can also check the overview of the e-filing portal
