The Income Tax Department has a website to enable taxpayers to file their Income Tax Returns online. A taxpayer needs to first register on the website to be able to file his/her tax return.
Follow the below mentioned steps to register yourself:
Step 1: Go to https://incometaxindiaefiling.gov.in/
Step 2: Click on the “Register Yourself” button present on the top right corner.
Step 3: On the registration form, select the user type as “Individual” and click on the “Continue” button.
Step 4: Next step is to fill the mandatory fields (marked with asterisk) and click on the “Continue” button.
Step 5: Please fill all the mandatory details (marked with asterick). Make sure to fill correct mobile number and email-id currently used by you, as further communication will be sent to your email-id and mobile number by the Income Tax Department and click on the “Submit” button.
Step 6: Once the registration is complete, you will receive an email on your registered email id from Income Tax Department through their email-id, ‘DONOTREPLY@incometaxindiaefiling.gov.in.’ Make sure to add this email-id to your white list/safe sender list so that the email does not end up in spam box in your email account. An OTP will also be sent to your registered mobile number.
Step 7: Access the email sent to you by Income Tax Department and click on the enclosed activation link. It will take you to the activation page.
Step 8: In the activation page, enter the OTP you received earlier and press the “Submit” button.
Step 9: Once you submit the OTP, your registration is successfully completed. So, now you can login to access your account.
Now that your account is setup, you can view your tax credit statements as well as income tax returns.
Form 26AS or the Tax Credit Statement is a consolidated tax statement. It is required for tax filing because it contains details such as tax deducted at source by deductors and tax collected at source by collectors on your behalf with respective TAN number. It also contains the details of your various financial transactionS reported through AIR, along with the details of refund paid to you and interest income thereof. All this information will be relevant for filing your tax return
[ Read more: How to View Form 26AS (Tax Credit) ]
You can exercise three options to e-file your income tax return:
Income Tax e-filing can be done online through the Income Tax Department web portal in 2 different ways:
1. Income Tax e-filing by downloading the ITR Java Utility or the ITR Excel Utility and furnishing details in the Excel Utility offline, generating the XML file and then uploading it on the Income Tax Department website, or
2. Income Tax e-filing without downloading the Java Utility and furnishing all details online itself (i.e. preparing and submitting online on ITD portal).
Taxpayers, who are over 80 years of age or individual and HUF with total income less than Rs 5 lakh, have the option to file tax return in physical (paper) form.
You can also e-file ITR with H&R Block. Just Go to https://www.hrblock.in and register yourself, click on the ‘Get Started Now’ And, if you are already registered with H&R Block, then login to your account. Then just upload your Form 16 and fill in your other additional income details. Then, we will auto-read your Form 16 and prepare your income tax return and file it with the Income Tax Department website.
E-filing with H&R Block is far more easy, hassle-free and faster. Also, there is no risk of error in return filing.
Aadhaar card is now mandatory for filing your income tax return. The government has made changes in the tax laws and made it compulsory for taxpayers to link their PAN to Aadhaar. It is also mandatory for all the taxpayers who are eligible to get an Aadhaar to quote their Aadhaar /Aadhaar Enrolment number in their tax returns starting 1st July 2017
Form ITR-V is the document generated by the tax department’s server soon after a return is e-filed (without a digital signature). The ‘V’ stands for verification. It contains the summary of the e-filed return.
The taxpayer is required to verify the summary in the form, print and sign the same and send it to the Centralized Processing Centre of the Income Tax Department by ordinary post or by speed post within 120 days from the date of filing the return.
The ITD has introduced electronic verification of ITR and now you can also simply verify your returns using a 10 digit alpha numeric code called Electronic Verification Code.
You can choose from the below mentioned option for the generation of EVC:
Registered e-mail ID and mobile number
Bank account number
Demat account number
You can easily avoid the hassles of sending a physical copy of the ITR to CPC Bengaluru and e-verify your return online. You can e-verify your return within 120 days of filing your return of income.
If you (a registered user) ever forget the password of your ITD website, you can still access your account easily and securely using one of the five methods available to reset your password.
[ Read more: 5 Ways to Reset your Income Tax Department password ]