income tax return

How to file your income tax return online?

income tax return

How to file your income tax return online?

The due date of filing income tax return for FY 2016-17(AY 2017-18) is 31st July 2017.
If you have all your documents in place, you can now file your income tax return online, as all the income tax return forms for FY 2016-17(AY 2017-18) are accessible online at the income tax department’s e-filing website www.incometaxindiaefiling.gov.in
Follow the below steps and file your income tax return online

Step 1
To file your income tax return online, you have to register yourself on the income tax department's website (www.incometaxindiaefiling.gov.in). You have to fill your PAN number, name and date of birth and choose a password. Once your registration is complete, you can login to your account with your user ID and password. Your permanent account number will be your user ID

Step 2
You have to select requisite ITR form on the basis of the source of your income.



Step 3
Keep the documents ready such as PAN card, Form-16, Form-16A, statements of all bank accounts or passbooks, interest income statement for fixed deposits, Form 26AS, investments proof under Section 80C, home loan details and interest certificates, stock trading statement, advance tax payment challan, medical insurance receipts etc. 
Step 4
There are two ways you can file your income tax return online. One is partially offline and the other is fully online.

For the partially offline process
1. You have to go to the e-filing website www.incometaxindiaefiling.gov.in
2. Go to the download section and download the requisite form for the relevant assessment year.
3. Save it on your computer and fill all the details. 

4. Click on "Generate XML" and save the file.
5. Login to the e-filling website with your Id and password.
6. Go to “e-file” and click on “Upload Return”.
5. Select the appropriate ITR, assessment year and saved XML file (using browse button).
6. Upload digital signature, if applicable.
7. Now click on “Submit” button.
For fully online process
1. You have to go to the e-filling website www.incometaxindiaefiling.gov.in
2. Login with your Id and password.
3. Go to “e-file” and click on “Prepare and Submit Online ITR”. (Please note that only ITR 1 and ITR 4S can be filled online)

4. Select the income tax return form and assessment year.
5. Fill all the details and click on “Submit” button.
6. Upload digital signature, if applicable.
7. Now click on “Submit” button.

Step 5
On successful submission of your ITR form, an acknowledgment number is generated if the return is submitted using the digital signature. Your income tax return filing process is complete. Just preserve this number. An ITR-V is generated if the return is submitted without digital signature. ITR-V will also be sent to the registered email. The ITR-V form should be printed, signed and submitted to the CPC within 120 days from the date of e-filing. Check your emails/SMS for reminders on non-receipt if ITR-V
Step 6
You can e-verify the income tax return through electronic verification by using the e-verify return option on the website. You can also use net banking, aadhaar OTP, bank ATM, demat account number, bank account number, registered mobile number and email to e-verify your income tax return. E-verification eliminates the need to send ITR-V to CPC.




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