Income Tax Filing

Time to liberate yourself and eFile income tax:

Still few people use third parties to file the income tax but thanks to the efforts from govt, it’s very easy to file interest for individuals nowadays.

It’s just 1-2-3 and you can file your income tax return yourself without any hassle, below is the process.

1)      ONE

a)      You have to create your account at Income Tax website using your PAN card number

b)      You can select the type of form (ITR) applicable to you (as per your sources of income like salaried, family pension, pension etc.). You can refer the table for applicable forms here

c)       Download the MS Excel based tool for the selected form type and activate the macros

2. TWO

a)      Now fill in the details for your salary, investments and TDS referring to the Form – 16 issued by your company

b)      Validate every page and calculate the tax in the excel and generate the XML file

c)       Now upload the XML file to your account for the right assessment year.

d)      You can generate the  ITR form with all the details required to file your IT

3. THREE             

a)      A pdf format file for the ITR V can be downloaded from the website.

b)      To open the form use you pan card number and date of birth

c)       Take a print and Sign the form

d)      Now post the form through normal or speed post(no couriers) to below address

Income Tax Department - CPC,

Post Bag No - 1,

Electronic City Post Office,

Bangalore - 560100,

Karnataka,

Source: https://incometaxindiaefiling.gov.in/portal/index.do