News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
« News Headlines »
 Notification No.76/2019 Central Board Of Indirect Taxes And Customs
  What to do if you haven’t got tax refund yeta
 Section 35D of the Income Tax Act, 1961 deals with the Amortization of Expenditure incurred in respect of Preliminary Expenses.
 Notification No. 80/2019 Central Board Of Direct Taxes
 Notification No. 79/2019 Central Board Of Direct Taxes
 This major tax deadline is today. What you need to know
  Notification No. 77/2019 Central Board Of Direct Taxes
 Waiting for income tax refund? Here is how you may check and give refund reissue request
 How To Check Status Of Your Income Tax Refund
 Missed the ITR filing deadline? You can still file tax return for FY 18-19 by this date
 25 LPA-Opening Chartered Accountant - Manager Finance & Accounts - Retail

How to file income tax returns?
July, 15th 2019

The last day for filing the annual Income Tax Returns (ITR) for the financial year 2019-20 is July 31. If your gross total income — before allowing deductions under section 80C and 80U — exceeds Rs 2,50,000 in a financial year, it is mandatory to file returns.

The limit for senior citizens, who fall in the age bracket of 60-80 years, is Rs 3,00,000, while it is Rs 5,00,000 for super-senior citizens, whose age is more than 80 years.

ITR filing: Documents you need to file tax returns

However, one can file their return involuntarily even if the gross total income they earn is less than the maximum exemption limit.

Here are the simple steps to file your ITR:
Step 1: Go on the page and log on with User ID, password, Date of Birth/Date of Incorporation, and Captcha. Register if you are a new filer.

Step 2: Click on e-File and select Prepare and Submit ITR Online option. *Only ITR 1 and ITR 4S can be filed online.

Step 3: Select the Income Tax Return (ITR) Form ITR 1 or ITR 4S and the assessment year.

Step 4: Fill in all the necessary details. Once done, click on the Submit button.


BJP MLA's son-in-law allegedly assaulted inside Allahabad HC premises

Explained: Chandrayaan-2's GSLV Mk-III rocket that developed a glitch today

Karnataka Speaker holds meeting with MLAs, decision on trust vote likely soon
Step 5: Upload the Digital Signature Certificate, if available. However, ensure that the DSC is registered with the e-Filing.

Step 6: Click on the Submit button.

* If your ITR is successfully filed, ITR-Verification (ITR-V) will be displayed (if DSC is not used) Click on the link on the screen and download the ITR-V. It will also be sent to the registered email ID. If DSC is used while filing, the process is completed.

* If the return is not uploaded with DSC, the ITR-V Form then needs to be printed, signed, and submitted to the central processing centre (CPC) within 120 days from the date of e-Filing. The return will be processed once the CPC receives a signed ITR-V Form.

Step 1: Download the ITR preparation software for the relevant year for your concerned PC/laptop and prepare your Return.

Draft Model Tenancy Act: what govt proposes for house owners, tenants
Step 2: Log on to the e-Filing website with user ID, password, Date of Birth/Date of Incorporation, and Captcha.

Step 3: Upload your file by clicking on e-File and on Upload Return button.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2019 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - We Bring IT. Offshore software outsourcing company. We use Global Delivery Model (GDM) and believe in Follow The Sun principle

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions