ITR filing: Here's how you can file your tax return online
June, 25th 2019
If ITR is uploaded with DSC, the return filing process is complete. If the return is not uploaded with DSC, the ITR-V Form must be printed, signed and submitted to CPC within 120 days from the date of e-Filing.
Income Tax return filing deadline is a month away but, if you have gathered all the required documents for filing ITR then you should not wait for the last date to file the return. Even though the last date to file an income tax return for the financial year 2018-19 is July 31, 2019, it is adviced that you file your ITR ahead of the deadline to avoid the last minute glitch, errors etc.
It may be noted that the ITR-1 and ITR-2 forms are now available on the e-filing website. According to the update on income tax India e-filing website, "ITR 1, 2, 3, 4, 5 & 7 for AY 2019-20 is now available for e-Filing. ITR 6 will be available shortly. "
Here is the step-wise process to file ITR online:
1. To Upload ITR:
Step 1: Download the ITR preparation software for the relevant assessment year to your PC Laptop from the "Downloads" page.
Step 2: Prepare the Return using the downloaded Software.
Step 3: Gather all the information regarding your income, tax payments, deductions etc. Pre-populate the personal details and tax payments/TDS by clicking on the 'Pre-fill' button. Compare with the information you have to ensure that nothing is left out.
Step 4: Enter all data and click on 'Calculate' to compute the tax and interest liability and final figure of Refund or Tax payable. If Tax is payable, remember to pay immediately and enter the details in the appropriate schedule.
Step 5: Repeat the above step so that tax payable becomes zero.
Step 6: Generate and save the Income Tax Return data in XML format in the desired path/place on your PC/Laptop.
Step 7: Login to e-Filing website with the user ID, password, date of birth/date of incorporation and enter the Captcha code.
Step 8: Go to e-File and click on "Upload Return".
Step 9: Select the appropriate ITR, Assessment Year and XML file previously saved. Upload Digital Signature Certificate (DSC), if applicable. Ensure the DSC is registered with e-Filing.
Step 10: Click on the "Submit" button.
On successful submission, ITR-V would be displayed (if DSC is not used). Click on the link and download the ITR-V. ITR-V will also be sent to the registered email. If ITR is uploaded with DSC, the return filing process is complete. If the return is not uploaded with DSC, the ITR-V Form must be printed, signed and submitted to CPC within 120 days from the date of e-Filing.
The return will be processed only upon receipt of signed ITR-V. Please check your emails/SMS for reminders on .non-receipt of ITR-V.
2. To prepare and submit ITR online:
Step 1: Login to e-Filing website with the user ID, password, date of birth and captcha code given on the page. Step 2: Go to e-File and click on 'Prepare and Submit ITR Online'. It should be noted that only ITR 1 and ITR 4s can be filled online. Step 3: Select the Income-tax return form ITR 1 or ITR 4s and the assessment year. Step 4: Fill in the details and click the 'Submit' button.