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
Hi Pankaj,
I changed a company and now i have 2 form 16. What is the process to file ITR and which ITR i need to file. can you help me in filing it online.
Anna - If you have One House or No Income from Hse & Property, you can use ITR-1 else ITR2. Just add the 'Inc from Head Salaries' of Both teh Form 16 & report that as Income from Salary. Similary add up all deductions & all Tax paid. You will also need to give details of both TDS in relevant sheet.
Caution : If your Total 80C/80D benefits are More than Rs 1L/15K, you will need to pay addl tax as both employers may have given you 80C/D benefit. If it is less than the limits, then you are OK.
ANyway, once you fill details, ITR macro will calculate your Tax liability
I have a home loan for a house which is under construction, so no income from that... Then i should go for ITR-1 i believe. I will file and revert in case of any queries... Thanks a lot Pankaj.. You are doing a great job in helping lot of ppl like me.... :)
Yes Anna. ITR-1 is the one you should use. Even after u get ur house, still ITR1 will do for you. ITR-2 is only when u have more than 1 hse
It helped a lot. Thanks..
Hi,
How I should decide my ITO Ward for filing IT Return, I am doing online filing,
I am salaried person and need to fill ITR-1
On which basis it is based on - PAN Card, EmplyoerName(if salaried) or something else.
Please advise
Thanks,
Pl goto https://incometaxindiaefiling.gov.in/portal/common.do?screen=jurisdiction
ENter your PAN & you will get your jurisdiction.
Now that all data is computerised & Form26AS is the common linkage for all TDS, Employer name is no longer the criteria for Ward etc.
thanks sanjay, but two more confusion now. I had given my residence address to PAN and that address is changed
1) Previous years i had selected ITO ward/circle based on my employer name( in bangalore) and that is different with PAN jurisdiction - Will there be any problem due to that ??
2) what could be the problems/issue if i give ward and that is incorrect
1. As per IT, you should convey change of PAN address to IT dept so they can update their records. I feel that with online PAN details available through Form 26AS etc, IT dept may allow this through internet. SO send intimation to IT dept for change of address in PAN
2. Your return anyway will indicate current address & ward no based on PAN.
3. My PAN was issued in Delhi in 1987. I am in Mumbai since 1997 & contd filing returns with my Mumbai address. So I get all my refunds & Tax notice at Mumbai address. So I think IT dept goes by the address in your return. They also know that if people change jobs. they can't be expected to be Tax savvy to change adress in IT reocrds. ALso It dept also dont have bandwidth to make all these changes as there collections are not affected.
Thanks Sanjay for detailed explanation.
So you are giving ITO ward as Delhi(based on your PAN address) and still you are not facing issues..where as return filing address based on mumbai address, Am i right ??
1. No. I am giving ward address as per the above quoted Link by giving my PAN.
2. I haven't applied for change of PAN address. But it seems based on my address in returns, IT dept has updated it in their system.
3. Also when you login with your PAN no on efiling site, you can see your current regd mailing address which you cant change. But you can change your email & contact nos. So pl chk if they are updated.
Incorectly sumbitted Assessing Officer (AO) Code ? what should i do now?
what will be impact? is that mandatory filled?
@Pradeep
As such there should not be any issue with incorrect AO code if you are filing online. This field is not mandatory in return.
But if you want to file a revised return, you can do with updated code.
Thanks a lot pankaj..
One more question
One of the Agent says me that you have to fill wrong Assessing Officer (AO) Code every time? is that correct?
Thanks
Pradeep
@Pradeep
Its not correct, you can change Assessing officer ward/circle based on your current location. It does not gets fixed for life.
Pankaj..
One of my friend while createing an account in income tax give the invalid email address and hence is account is created but he can not validate. now he is BLOCKED.
do you have any idea what should he do?
@Pradeep
He may call Efiling call center on 080-26982000 or 1800-425-2229 to get help.
Hi PB,
First, thanks for this informative thread.
My Q - Is it necessary for an Indian who is an employee of a US Company (currently living in US), to file IT returns? He gets no salary in India.
He was an employee of an Indian firm, and had filed IT returns for the year 2010-11.
Thanks!
@Dijo
If there is no income in India or income is there but below taxable range, then income tax return filing is not mandatory.
Hi,
Last financial year i have changed my job and got Superannuation from my last employer. Is superannuation amount fully taxable ? Do i add this amount under “Income from Salary/Pension’ in “Income Details” sheet?
For example, if superannuation amount is 1 lac, should I add 1 lac to ‘Income from Salary/Pension’ for tax calculation.
Thanks,
BDeb
@BDeb
If superannuation amount is received on retirement then it would be tax free. Else it would be taxable under income from salary section.
Pankaj,
You have just added to my tax burden :)
Thanks for your prompt reply ....
~BDeb
Ideally when you change jobs, You should txfer Superannuation fund also just like PF. Thus you can keep building your SA corpus.
Dear Pankaj,
My employer didn't include my Insurance Premium under 80C in Form 16. Now how can i submit my Insurance premium certificate, along with my Returns online?. How can i inlude this extra proof ?
@Karthik
There is no need to submit proof for such 80C deduction. You just need to declare total 80C deduction amount in ITR.
Let i be more clear. The amount which i have in my Form 16 is less that my investments made.My employer missed my Insurance Premium.
If this is included my tax should be zero. I should get a refund.
What i understand from your reply is, Put the correct total under 80c in the excel s/w. No matter what is there is in my form 16.
What if IT dept. compares my Returns with my Form 16 and put a query ?
@Karthik
Don't worry about 80C as investments in 80C could have been done without informing employer also. In case IT department later puts a query, you can always send insurance premium and other 80C proofs.