How To File Income Tax Return Online

To file an Income Tax Return in Form 26AS, first you need to register yourself on the Income Tax website.

Simple 7 Steps for filing online return are underneath:

Step 1 : - Open the IncomeTax portal, and just below the download menu at the right hand side, you will find the list of Income Tax Return (ITR)  for A.Y.2015-16. Click on the download button for taking ITR form applicable for you. (to know which ITR form is applicable for you, click here)

Step 2 : - Open the downloaded excel utility of ITR and fill the form by putting all the details.

Step 3 : - Verify all the information in the worksheet by clicking the ‘Validate’ tab and don’t forget to cross check the same from FORM 16/16A and FORM 26As.

Step 4 : - Determine the tax payable by clicking on the ‘Calculate Tax’ tab. Pay tax (if valid) and then fill the challan details in the tax return.

Step 5 : - Further, proceed to create an XML (Extensible Markup Language) file and carefully save it on your computer.

Step 6 : - Log on to the Income Tax Department’ portal especially meant for filing taxes online by using your PAN (Permanent Account Number) that will act as your user ID.

Step 7 : - Go to ‘Upload Return’ on the middle panel at top and upload the saved XML file after selecting ‘AY 2015-2016’ and the related form. Now, you will be asked whether you want to digitally sign the file. If you upload the return with digital signature, the entire procedure of e-filing of ITR gets done on generation of Acknowledgement whereas if you didn’t use digital signature then you can use EVC (Electronic Verification Code) system as an alternate way of verification rather than sending by post the manually signed ITR-V (acknowledgement) to CPS Bangalore.

EVC – a 10-digit alpha-numeric code, to be given by using any of the four ways, namely –

1.       Internet Banking

2.       AADHAR Authentication

3.       Bank ATM Card

4.       Blend of registered email as well as mobile number (where income is under Rs.5 lakh)

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