Step by Step Guide to Know How to File ITR
There was a time when filing ITR was a nerve-wracking task. Along with the stress of things going wrong, there was also the fear of standing in long queues. Maybe, not anymore! Now that the government has made it mandatory to file ITR, you need to understand how to file Income Tax salaried employees or business owners online soon. However, don’t fret. If you haven’t filed your tax return yet and want to know how to file ITR online, this article will take you through a step-by-step guide for it return filing.
Filing of ITR online
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Visit the official government portal
While there are many private portals that guide you on how to fill ITR, the one introduced by the government is more responsive, comprehensive and free. So, visit the website and you will find many options to choose from on the homepage. Go with the appropriate option.
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Sign in or register
The next step is to open the dashboard. For that, if you are already registered on the portal, click on the Login option here. However, if you are new to the website, choose Register yourself.
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Choose to login
Your dashboard will open on your screen. However, if you are still figuring out how to fill ITR online and registering here for the first time, you need to add some more information about yourself. The next step for new users is to select User Type. The list will have several options such as individual, Hindu Undivided Family (HUF), external company, other than individual/HUF, tax collectors, chartered accountants and third party software application developer. Once selected; Next you need to enter your current and permanent address. Finally, you need to enter the captcha code and click the submit button.
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Basic Details, Validation & Implementation
Once submitted, you need to enter your personal information like PAN, DOB and more. After that, your PAN will be verified with transaction ID and contact details. Finally, you need to activate the account by clicking on the link received in the email.
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Filing of ITR
Once everything is done, the process of filing ITR starts from the dashboard you just logged into. To file ITR, select relevant assessment year, ITR form name and mode of submission Prepare and submit online If you have filed ITR before, you can choose those details and it will be filled automatically; Now click Continue After this, you will be redirected to a new page where you can fill the form; However, general guidelines are given at the beginning to read and understand income tax return online to avoid mistakes and understand how to fill Now, fill the information in the relevant tabs like income details, general information, taxes payment and verification, tax details, 80G and many more in the form. Before you submit the form, check it again to avoid mistakes Click the Preview & Submit button Once it is done, the ITR will be uploaded and you can verify your return using the available options like Aadhaar OPT, Electronic Verification Code or by sending the signed printout offline to the CPC office.
Wrapping
Even if you don’t know how to file ITR, a little research here and there can save you from confusion. Otherwise, follow the steps mentioned above and your ITR will be filed without any significant hassles.
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