Income Tax E Filing Process Step By Step

Click itr12 from your income tax work page to access.

Income tax e filing process step by step. To file your taxes online you will have to submit your income tax returns on the portal. Click on the e file menu and click income tax return link. The process is much easier compared to the earlier paper filing process. Advantages of e filing of income tax.

The deadline to file income tax return itr for the financial year. Filing your income tax return before the deadline i e. In case of complexities you can take the help of a professional. Step 6 in case the return is not annexed with dsc the itr 5 form must be printed signed and submitted to central processing center or cpc within 120 days from the date of e filing.

Especially with the income tax e filing system introduced this year with a new face lift how do we go about it. This will lead you to the main page of the the e filing system. Calculate your income tax liability as per the provisions of the income tax laws. One is to go to the download section and select the requisite form save it on your desktop and fill all the details offline and then upload it back on the site.

Follow the steps mentioned below to e file your income tax returns using the income tax e filing portal. The e filing of income tax returns is compulsory for all income earning individuals in india. Use your form 26as to summarise your tds payment for all the 4 quarters of the assessment year. Login to e filing portal by entering user id pan password captcha code and click login.

Or you can choose to fill the form online by selecting the quick e file option. These benefits include carry forward of losses and avoid paying late filing fees which can amount up to rs 10 000. Go to the income tax e filing portal www incometaxindiaefiling gov in. The advantages of e filing of income tax are as follows.

Eefiling step by step user guide2 indd 2filing step by step user guide2 indd 2 99 22 08 1 28 52 pm 22 08 1 28 52 pm tax return itr12. Go to e filing website. P a g e 1 of 21 a step by step guide to filing your income tax returns online smitha hari executive summary. When you arrive at irb s official website look for ezhasil and click on it at the various options available on the ezhasil page choose the mytax option.

Choose how you want to e file there are two ways of e filing your income tax return. The last date for filing income tax returns is july 31st every year. Electronic filing or e filing of returns as it is also called is basically the submission of an individual s income tax returns online. November 30 2020 for fy 2019 20 offers certain tax benefits.