of Income Tax Return:
of taxpayers are now well used to and aware of the e-filing process of
Income Tax Returns.
Every year some upgradations are made to Income Tax Return Forms and
thereby to the e-filing process of Income Tax Returns.
CBDT regularly updates the ITRs and all efforts are made to make
them more user friendly. These updates make e-filing a totally new
experience every year.
Here are some basics of e-filing process which are useful almost every
year. There may be some unexpected challanges at the time of filing
ITRs but in general if these basics are taken care of, e-filing of ITR
will be completed smoothly. The process of e-filing explained here is
using the excel utility available on the e-filing portal of Income Tax
Department. There is also a java utility there, which can be downloaded
and if understood can be used.
- Collect all TDS Certificates (Form 16 &
Form 16 A)
- Match them with your 26AS (click
here to know how to view 26AS)
- Log in to incometaxindiaefiling.gov.in (If not already registered click
here to know How to Register on IT website)
the excel utility or the Java utility of the applicable ITR for the
Assessment Year 2020-21
- Fill the form carefully. Now there is an option to
pre-filled ITR which contains your basic information and details from
your 26AS. You can download it from your e-filing account. Else fill in
the details. In any case following basic rules need to be taken care of:
- Details like your name, father's name, Date
shall be as per your PAN.
details should be as per Form 16. From Assessment Year 2018-19, Income
Tax Return forms are more detailed. Details of
perquisites & exempt incomes are to be shown separately. So be
more vigilant & do match your total salary entered in Return with
that of disclosed in your 26AS.
taxpayers are receiving notices from IT department as to why salary as
per 26AS do not match with the salary in IT return. Ideally salary as
per 26AS and as per Form 16 should match, so make sure to match the
figures of salary clearly.
- TDS details of salary as per Form 16 shall be
filled in the section "TDS on Salary".
incomes such as saving bank interest, FD
etc. shall be entered carefully checking your bank statements. Saving
Bank interest upto ₹ 10000 is eligible for deduction u/s 80TTA.
Any amount of saving interest above ₹ 10000 will be
taxable at normal
- For senior and super senior citizens interst upto ₹
50000 is deductible
- TDS details of other incomes as per Form 16A
shall be filled in the section " TDS other than Salary" and
corresponding incomes must be entered as Other Income.
you have deposited some tax (Self Assessment Tax,
it should be filled in the section "Details of Advance tax, Self
Assessment Tax". Here BSR code of Bank & Challan number of the
deposit receipt and date of deposit are a must.
click on calculate tax button. It should not show any taxes as due. If
showing than you need to recheck the details of salary, TDS & other
- Still there is some tax due means either you have
mistake in filling in the details of income & deductions or some
TDS & tax deposited fall
of total taxes payable. You can contact us in such case to make
- Check all the sheets by clicking on the
- If there is no error message and you are sure about
all the entries in your
return, click on generate xml button. Here a sheet will flash on the
screen showing an overview of what you have filled in. Confirm it and
save xml. Save the xml file in a folder which you can locate easily.
- Now log in to IT website.
- Here on the left side bar or on the top bar
click on upload return.
- Here select the return form that you are
filing ( ITR1/ ITR2) from the drop down menu.
- Now select Assessment Year 2020-21 for the
fiancial year 2019-20 from the drop down menu.
- Next when you click on choose file, it will
open a window from where you can select the .xml file you created at
step 8 above.
- One more thing to check is that you have to
select NO for "Do you want to digitally sign?"
- Click on submit button. A confirmation screen
will appear asking you to check your basic details before
uploading of return. Here if you are sure of all the details click on
submit button otherwise click on cancel tab and go back to your return
form. Check your ITR again and redo the above steps.
final submission of IT Return Form, a message will be showing your ITR
filed successfully. Download ITR V & save the same.
to link PAN with AADHAR. How to link PAN & AADHAR Read in
deduction from salary of Rs. 40000/-...read in detail...
- The last step is to either e-verify
your IT return or send a signed copy of ITRV to
CPC Bangalore within 120 days of your uploading the return.
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