Monday, 27 May 2013

Procedure of E Filing of Income Tax Return

It is well known fact that tax payers are now required to file their Income-tax Return for the Financial Year 2012-13 relevant to the Assessment Year 2013-14. These Income-tax Returns in most cases have to be filed by 31st July, 2013. All Taxpayee carefully read the new ammended ITR forms and applicable ITR form select to submit Annual Income Tax Return. The most important point is that taxpayee who have PAN card may submit Annual Income Tax Return on or before 31st July, 2013. In this regard I want to share some important point to filing e-return with Income Tax Department. But on the contrary most of Taxpayee not watch or read the post carefully. So due to this problem I will try at my level best to clarify & escape from Problem of online Income Tax Return Filing for Assessment year 2013-14.

Some are very easy task for layman even you don’t required any software. However you need to know about scrolling of computer mouse. There are lots of benefits to file income tax return online. No need to stand in long queues at the income tax department. No fear of lost any document, one can print and download whenever you wants after log-in your account.


Filing Income Tax Return:
  1. Select appropriate type of Return Form
  2. Download Return Preparation Software for selected Return Form.
  3. Fill your return offline and generate a XML file.
  4. Go to Income Tax Department website.
  5. Register and create a user id/password
  6. Login and click on relevant form on left panel and select “Submit Return
  7. Browse to select XML file and click on “Upload” button
  8. On successful upload acknowledgment details would be displayed. Click on “Print” to generate printout of acknowledgment/ITR-V Form.
  9. In case the return is digitally signed, on generation of “Acknowledgment” the Return Filing process gets completed. You may take a printout of the Acknowledgment for your record.
  10. In case the return is not digitally signed, on successful uploading of e-Return, the ITR-V Form would be generated which needs to be printed by the tax payers. This is an acknowledgment cum verification form. The tax payer has to fill-up the verification part and verify the same.
  11. Update: Now you have to send ITR-V to the “Income Tax Department , CPC, Post Box No – 1, Electronic City Post Office, Bangalore – 560100, Karnataka”. They’ll send the acknowledgment receipt at your email address.
  12. For any assistance in filing the paper copy of the return please contact by comment form given below.

2 comments:

Unknown said...

Process of income tax mentioned above looks like quite simple. The tips mentioned will actually make one's income tax filing process an easy one.

Nowadays, numerous websites can also be seen offering porfessional assistance in terms of filing income tax return.

Anonymous said...

Thanks for sharing, really useful information, it was pretty clear. I am very lucky to get this tips from you about Income Tax eFiling.

CBDT issues second round of frequently asked questions in relation to Direct Tax Vivad Se Vishwas Scheme, 2024

  This Tax Alert summarizes Circular No. 19/2024 dated 16 December 2024 (VSV 2- December Circular) issued by the Central Board of Direct Tax...