From assessment year 2013-14, E-filing has been made compulsory for the person who is an individual or a Hindu undivided family (HUF), if his or its total income, or the total income in respect of which he is or it is assessable under the act during the previous year, exceeds Rs. 5 lakh rupees for the assessment year 2013-14 onwards. It clearly states total income and not taxable income.
Please read below to know how you can file income tax return online yourself.
You can calculate your income tax payable using the income tax calculator provided at this page: Income tax calculator. Income tax return excel utility also computes income tax, but they only take taxable income as input.
Also make sure that you also see whether the advance tax has been paid on time (See row 101-104 in tax calculator). In case you have paid the full tax but not paid on time as per the advance tax schedule, you are liable to pay interest under section 234 C. Income tax return excel utility also computes interest penalty u/s 234C.
Whatever pending amount you need to pay can be paid online on this link: Pay Taxes Online (Use only Internet explorer for this).
Select challan type as CHALLAN NO. /ITNS 280 and continue.
Select (0021) INCOME-TAX (OTHER THAN COMPANIES) in tax applicable field and
Select (300) SELF ASSESSMENT TAX in type of payment.
Select bank through which you want to pay.
Make sure to add interest penalty as computed by income tax return excel form u/s 234A, 234B and 234C in case of tax payments after due date.
You also pay through your net banking login on Axis Bank, Oriental Bank of Commerce, State Bank of Patiala, Bank of Baroda, IDBI Bank, State Bank of Mysore, Bank of Maharashtra, State Bank of Hyderabad, State Bank of Saurashtra, Union Bank of India, Allahabad Bank, Dena Bank, Syndicate Bank, ICICI Bank, State Bank of India, Punjab National Bank, Indian Overseas Bank, Canara Bank, Indian Bank, Bank of India, Corporation Bank, State Bank of Bikaner & Jaipur, State Bank of Travancore, State Bank of Indore, Vijaya Bank and HDFC Bank.
You can check online if your money has actually reached the I-T Department. For this you have to go to Tax Information Network Website and click the box CIN Based View. Provide details as per the receipt generated while online tax payment.
Fill Income tax return form
Download respective income tax form from income tax website. Income tax department has modified the return preparation software to include automatic calculation of tax and interest.
Income from Salary/Pension, interest and single house property ( but with exempt income is less than Rs. 5,000) : ITR-1
Income from more than one house property, capital gains, salaries, pension, interest and exempt income more than Rs 5,000: ITR-2
Income from partnership in a firm: ITR-3
Income from business/profession: ITR-4
Income from Presumptive Business: ITR-4S
Exempt income here includes transport/conveyance allowance, HRA exemption, agricultural income, insurance maturity amount, LTA, Gratuity, Interest on PPF balance, Leave Encashment, Income from Mutual Funds, Dividends and long term capital gains.
Fill up the form with information provided in Form-16 and the tax calculated in income tax calculator above in Step 1.
If you don’t know Assessing Officer (Ward / Circle), Find it here by submitting your PAN.
After filling up the form, Generate tax return XML from the income tax form by clicking Generate button on first sheet of excels form.
After you have created a XML file from income tax return excel form, Go to Income Tax e-Filing Website.
Create your login on this page on website. It’s not mandatory, to use a digital signature for electronically filing the return.
a) Filing return without digital signature:
Login to income tax site and click on assessment year under submit return menu on left side of page.
Upload the generated XML on this page for 2012-13 assessment year.
On successful upload acknowledgment details would be displayed.
Take printout of acknowledgment/ITR-V Form. You may also download it later. Login and go to link on top right My account > My Returns.
Form ITR-V has to be submitted with the Income tax Department as verification of the electronic filing of the return within 120 days after the date of e-Filing.
Form ITR-V is bar-coded, so it need not to be folded and to be mailed in a A4 size envelope BY ORDINARY or SPEED POST ONLY to “Income Tax Department – CPC, Post Box No – 1, Electronic City Post Office, Bengaluru – 560100, Karnataka” within 120 days after the date of e-filing of return. ITR-V sent by Registered Post or Courier will not be accepted. No Form ITR-V shall be received in any other office of the Income-tax Department or in any other manner. Please keep a copy of the same with you also. After some day of posting the ITR-V, you can check status of receipt by going into account ‘My Account’ -> ‘E-filing Process Status’.
From year 2012-13, even if a person does not have digital signature, he can file online and even does not need to send ITR-V copy to Bangalore CPC (Central processing centre) address.
An electronic signature would be generated online in income tax efiling website after providing certain information from previous year’s income tax return. On validation of such information, unique PIN would be provided to person on email/SMS. This PIN can be used to file income tax return online without needing digital signature. This will also make sure no further hard copy needs to be sent to department.
b) Filing return with digital signature:
In case you don’t have digital signature and you want to buy that, you can buy class 2 or class 3. You can buy digital signature on e-Mudhra website . Class 2 individual certificate is available for Rs. 285 for 1 year validity.
In case return is filed with digital signature, user may take a printout of the Acknowledgment for his record. The tax-payer is not required to submit the Form ITR-V with the Income-tax Department.
To assist taxpayers, a limited call center service has been established at ITD-CPC, Bangalore. Taxpayer queries on status of ITR-V receipt at CPC, Bangalore will be answered on 080-43456700 between 9:30 AM to 6 PM. The service will be available in English, Hindi and Kannada.
One may also call on 1800-425-2229 (Toll free) or 080-43456700 for status of receipt of ITR-V at CPC, Processing status of e-filed returns, Refund issues and any other information related to processing of returns at CPC. The working hours of CPC Call center have been extended to 9AM-8PM on all working days.
I hope this article will help many of us and make tax filing Simple & Easy. So please this year Do-It-Yourself.
Feel free to comment/suggest anything that I may have missed.
Note : No hard copy of any kind of proof needs to be submitted along with Income tax return.
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View Comments
Hello,
I am thankful for your wonderful explanation to file tax retuns online.
I have a question:
I sould get return of 6k.Can I submit the ITR-1 myself or it should be prepared by TPR.
Because It has been mentioned in ITR-1 in 27th point:
27.If TRP is entitled for any reimbursement from the Government, amount thereof (to be filled by TRP)
Is this amount something else ,not tax reimubursement?.what does this mean
@Prasad
There is no need to provide TPR details, if you are filing income tax yourself.
TRP is a program by income tax department, where they train people for tax return preparation and when a return is filed through TRP, income tax department pay some commission (reimubursement) to TRPs.
Pankaj,
I don't have any income for year 2010. Can I file the IT returns with no income online?
@Sundeep
Yes, you can file income tax return online without having earned anything in the year.
Hey Pankaj,
Just came across this post while searching for e-filing of I.T. returns. You are doing a great job. Thanks.
Last Feb i changed my job.
I got Rs 45,000/- as HRA (10 Months) in previous company. But in New company
I got the Form 16 in which i was not given any tax benifit on HRA or
Conveyance allowance.It showing 2 month salary as per provision under sec
(17) 1.
Is it possible to claim the HRA tax benifit during filling the tax return and
How?
@Binny
If your salary does not have house rent allowance component, you can not avail tax benefit for house rent paid.
Hi Pankaj,
Why do you say it can not be claimed? Form 16 is not the ultimate proof of everything it just tell what has been deducted by employer.
If something is not in Form 16 it is still claimable.
@Mohit
HRA is a salary component, if same is not provided by your employer, you cannot ask for the same in income tax return. There is no provision in income tax return form to provide house rent.
There are other things which can be claimed in income tax return form, like 80-C savings and housing loan principal and interest payment, even if same is not there in form 16.
Hi Pankaj,
I've sent the ITR-V to Bangalore address for 2008-2009 returns & got an acknowledgement e-mail .
At that time it was mentioned in the website that they will scan the processed forms,stamp it & send it our mail.
But I didn't receive any mail.
FYI...I did not get any refunds.
Now i've some queries..
1.Is the acknowledgement mail enough to show that they've processed the IT-returns successfully..or is it just a e-mail saying that they 've received our post.
2.Till now there is no info regarding verified forms scanned copy
Are they planning to send last year's scanned copy or not??
3.If not..what is the proof I need to show when applying for any loan/VISA etc..
4.Do you suggest the same process for this year too??
@Chandu
1. The email acknowledgment is enough as a proof for tax filing and that should work. This is just a confirmation of tax return form receive.
2. Yes, income tax department has been sending letter of income tax assessment. I filed 3 returns online but till yet only received one such letter, that too in June 2010.
3. You can show ITR-V copy while applying for loan/visa along with printout of verification email.
4. Yes, you should file income tax return online this year too.
Regarding refund, You can view Tax credit statement (form 26AS) here: https://incometaxindiaefiling.gov.in/portal/EndUserMenu.do?screen=viewTaxCredit after logging onto income tax e-filing website. This statement has mention of tax refund if same has been processed.
Hi Pankaj
I am an employee of private company. For my salay, my taxable amount and tax deducted matches exactly. However i have swapping a/c (savings, fixed a/c) in the same bank where my salary a/c is. So the bank is depositing the tax on the interest earned on this saving through TDS. When i used the ITR-1 excel form for IT return filing, i got to know that i have to pay some 'X' amount. How do i pay this remaining tax on-line? Is it through the same epayment link - https://onlineservices.tin.nsdl.com/etaxnew/tdsnontds.jsp ? If it is so, then do i have to mention the challan n.o in the 'self assesment of tax' on TDS sheet of ITR-1? I need your advice.
Thanks.
@Ravi
Please read the section 'Pay your tax online' on this article: http://www.pankajbatra.com/india/file-income-tax-return-online-yourself/
After paying, you have to mention the challan no in self assessment tax section of ITR.
Hi Pankaj,
I have submitted the form 16A last year in Income tax department . Could u please tell me when i wll get the refund money. Plz reply me ASAP
@Jitender
Regarding refund, You can view Tax credit statement (form 26AS) here: https://incometaxindiaefiling.gov.in/portal/EndUserMenu.do?screen=viewTaxCredit after logging onto income tax e-filing website. This statement has mention of tax refund if same has been processed.
Hi,
While uploading the XML file on the website, I ma getting error message as "Please select proper XML file for processing" please advise Pankaj why is that error.
@Abhishek
Can you please cross check whether everything provided in income tax return excel is correct and valid.
Without looking into excel and xml, I won't be able to tell whats wrong.
I find your site very informative , While filling CG-OS sheet of ITR2 , I am confused about :
1 where to enter CG details , there are 4 options under each category
2 If STT has been paid , LTCG is non-taxable, but there is no provision for entering STT
and tax is calculated on full LTCG amount in Sheets PARTB TI-TTI and SPI-SI , even the entries in sheet EI do not refect in the tax calculated
3 What is the purpose of the sheet EI , then ?
I have no Salary or HP incomes,
Thanks
@Mandhana
1. You have to provide sold amount, buying incurred and cost incurred on improvement/transfer for capital gains. In case its shares, you can put zero on cost of improvement and transfer.
2. If long term capital is arising from sale of shares/mutual funds, on which STT is paid, there is no need to provide it in CG-OS sheet.
3. EI sheet contains all income exempt from tax and you can provide long term gain with STT paid here. It won't affect taxation and its just for informative purpose.
Hi Pankaj,
I have two form 16 s. and in the second one since i did not submit any rental proof or investment proof,medical bills or LTA bills company deducted tax. now i want fo file the tax return. can i
sumbmit the investment proof(LIC/MF) with return?
submit the rental proof for the second form 16 for the HRA tax deduction( i have received a component for HRA)?
can i claim deduction by submitting medical bills?
can i claim deduction for LTA while filing returns.I have read in few places that we can claim LTA while filing taxes.
@Rono
Yes, you can declare LIC and mutual fund saving in income tax return form, but no proof needs to be attached with return form/acknowledgment.
House rent, LTA and medical bills proof has to be shown to your employer and if same has not been submitted to employer then tax exemption can not be availed in income tax return filing. Income tax return does not have provision to provide values for these components.