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.
Calculate Income tax
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.
Pay your tax online
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.
e-File income tax return
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.
Income tax department call center:
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.
Dear Sir,
When I am trying to fill up IR2 form I am not able to get correct computation of tax. In house property section ffor my home loan interest for house under construction it is computing the loss for this year. How to correct it to carry forward it for next year?
thank you
Govind Kalena
@Govind
There is no need to mention home loan interest before possession.
Once you receive possession, all interest paid before that can be claimed in five equal installment in next five years starting from possession year.
This one fifth portion will be added to actual year’s interest and maximum allowed limit will remain 1.5 lakh in case of a self-occupied house.
Hi Pankaj,
I have uploaded the xml for ITR, but mistakenly the TDS i filled was included or Rs. 2374 in place of Rs. 1474.
Please suggest me how do i change this & resubmmit it for ITR.
@Dipak
I suggest you to file a revised return. Process is same as new one except one change, in return type you will have to mentioned revised in spite of original.
I tried for revised also. But when i try to upload this, its showing some error message.
“If your Return filed under section code is 139(1),139(4),142(2),148,153A then your return type should be Original(O) from AY2011-12 onwards.”
@Dipak
This is some new development as it was accepted before this year.
Can you try a rectification request, if that helps.
@Dipak
One addition, in case of revised return, Value under ‘Return filed under section’ needs to be changed to ’16 – u/s 139(5)’.
i have filled up the xls version of ITR1 form. but i am unable to upload the file on income tax e-filing site as it accept file in only xml format. and when i click on generate, the macro is disable. how can i convert the file into xml format and upload the same
maria,
When u downloaded the form first time & extract the xml file & open it, it will show you the security warning. Then click on Option button & select the “Enable This content” button & press ok.
Then after u completing any page details , click on validate button & finally click on Generate XML option & after executing the instruction on that page & validate all the data.
Finally click on save xml option.
Finally this xml will be upload on govt. site.
@Maria
Please enable macros in Microsoft Excel before generating xml.
Hi Pankaj,
Where do I enter the HRA and conveyance allowance in ITR 1form?
@Kishore
HRA and conveyance allowance cannot be entered in ITR. It has to be declared with employer, which will deduct it from salary in Form-16.
HI SIR,
I HAVE TWO NOS OF FORM 16, SO HOW CAN I FILLL THE ITR 1.
@Haresh
Taxable income needs to be added from both form-16 and to be filled in ITR1.
Hi Pankaj,
I have 2 form-16 that needs to fill for this single yr. how should i fill both on single form. Please elaborate it.
Its urgent
Thanks in advance.
@Dipak
Please add taxable salaries from both form-16s and put the same in Income from salary/pension section in ITR1.
In TDS section provide tax deducted by employers in two different rows.
Hi, I have been working with private limited company for 4 years but i have never filed any return. Is it possible, if I want to file all the returns from 2007 for each financial years now and can I do this online…pls suggest…my income has not been taxabe.
@Nimisha
You can file belated returns for previous years now but IT department may demand penalty for late filing.
thanks for reply…how much may be the penalty, as my income comes in untaxable slab so it may be nominal or what…and can I do this online by the process you have mentioned in your blog. pls help.
@Nimisha
Max penalty for late filing can be Rs 5000 per year.
Yes, you can file return online with steps mentioned in blog.
Dear Pankaj,
I want to declare my investments while filing my IT return. I downloaded the form ITR 1 from the income tax website. But in this ITR1 form, i do not see any column for declaring my investments. Can you please guide me how to do this part?
@Aastha
You can declare your investments under various sections like 80-C, 80-D etc in ITR form.
In ITR1 excel, inside ‘Income Details’ sheet, under ‘Deductions under Chapter VI A (Section)’ there is provision to provide value for same.
Hi,
Plz clarify what excatly needs to be filled against income tax ward/circle in ITR V, when i give my pan ( link mentioned in the article) it gives me following but i am not sure what should be filled from the below mentioned;
Area code: APR
AO Type: P
Range code:92
AO Number :1
Jursdication: JCIT(P) R-12, hyd
Regards
@Tulasi
‘JCIT(P) R-12, hyd’ needs to be filled in ward/circle section of ITR in your case.
Hi,
Can u pls tell me where we have to submit investment proofs while filing income tax return online?
I had submitted all investment proofs in my co. in Nov’10 and all those investments are there in Form 16, which i have recently received. I have taken a insurance policy in Feb’11 and I want to add in investments while filing tax return online.
Pls let me know do i really need to submit investment proof for the insurance policy premium made?
@Priyank
No tax saving proof/document need to be submitted with income tax return.
There is provision in ITR to provide deduction under different sections (80-C, 80-D etc). Please use those section to declare your investments.
Thanks@Pankaj
Hi Pankaj,
Just wanted to know if my investment details are not mentioned in form 16 as I lately invested and tax got deducted. Now want to file return. How they IT dept. will verify my investment if I dont submit valid investment proof..? Please tell me.
@Rakesh
Income tax return works on declaration.
In case some information is found incorrect, legal action can be taken by IT department as you sign on below wordings in income tax return form:
“I solemnly declare that to the best of my knowledge and belief, the information given in the return thereto is correct and complete and that the amount of total income and other particulars shown therein are truly stated and are in accordance with the provisions of the Income-tax Act, 1961, in respect of income chargeable to Income-tax for the previous year relevant to the Assessment Year 2011-12.”
Thanks Pankaj.
One more query: There is a column which says “Return filed under section:” There is a drop down to fill this field. How do i know the correct value that has to be selected for me?
@Aastha
There are different sections. Please read below for explanation of each:
u/s 139(1) : Voluntarily/original return. Most of the time it will be used as it caters to original return. Return filed within due date (31st July of Assessment year)
u/s 139(4) : Belated return filing. Original return filed after due date (After 31st July of Assessment year) Or return filed after notice from income tax department within time provided in notice under section 142(1).
u/s 139(5) : Revised return. In case some correction needs to be done in original return filed u/s 139(1) or after notice issued by IT department for correction. Time frame is within one year from end of assessment year or before the assessment is completed, whichever is earlier.
u/s 142(1), u/s 148 and u/s 153A/153C : Notice is issued by IT department under this section.
Hi Pankaj
I had a query, once i get a copy of ITR-V do I need to attach a copy of Form 16 along with this while sending it across to IT department. Do copies of reciepts for purpose of tax saving need to be attached as well?
Where is the form 16 supposed to be submitted?
Regards,
@Harsh
You need not to attach any document/proof along with ITR-V.
Form-16 has to be kept with you only.
Hi Pankaj,
I had one more query what shall be the assesment year-2010-11 or 2011-12 for purpose of tax filed from period 01-04-2010 to 31-03-2011
@Harsh
Assessment year for Financial year 2010-11 will be 2011-12.
After a long search i found where to find ward/circle no (Thanks to you ) . But there are many details dispalyed, what among these should i fill in ITR1 (Income Tax Ward / Circle)?
Area Code
AO Type
Range Code
AO Number
Jurisdiction
Could you please guide me? And moreover i have one more doubt, should i use my permanent address for tax filing or place i am employeed and living for last one year. Please guide.
Thanks,
Manan
Extremly sorry… i think you have already replied my first doubt. ( i found after posting the query)
@Manan
You should write your current correspondence address in return. As in case, IT department have some queries, they can send you letter.
Hi,
How do we enter details from two form 16 into the ITR1 form.
I shifted to a new company in the month of April 2010, so i have two forms now, one from previous company and one from the new company.
Pls suggest how to fill the ITR1 form in this situation.
@Kiran
You will have to add income taxable under head salaries figures from both form-16s and fill in the return form.
For ITR form 1, Income tax ward / circle as given by PAN is different from where I submit the returns. I post my returns to bangalore office. The ward as per PAN is not in bangalore. What should be filled in IT ward / circle.
@Ram
You might have shifted to a new place after filing initial returns from a different location.
As of now, you can leave ward/circle field empty and provide your current address in provided home address field. This jurisdiction will automatically changed to match your current address.
SUBJECT:
”Proceedure for filing returns,(Tax deducted because of no PAN)—-ITO WD(4),Thane.”
This is for my mother who is 77 years of age,unemployed and has a Fixed deposit account in a reputed bank.
She received a letter from the bank H.O stating that a tax of 2000+ Rs. was deducted as the said office did not have her PAN number.
Application for ‘PAN’ was made on the 8th of January,2011 along with Form 15-H,after the bank brought this to our notice.
She also received her ‘PAN’ card by courier in February.
The whole purpose of the above activity was to save on ‘TAX’.
The ‘PAN’ office & the ‘IT’ office are inter-related and it is surprising to note that they do not co-ordinate among themselves.
Neither the Bank takes any accountability of informing its customers by mail,letter,phone or personally.(—-merely send alerts through ”MOBILE” for the elderly—Mother, does not have a mobile of her own).
Please let me know how i can claim this refund, and also get compensated for the delay,expenditure and the unnecessary stress involved?.
@Navshakti
In this case, its actual customer’s responsibility to provide PAN card to bank. They are just following RBI rules, to deduct flat tax in case PAN is not provided.
You should file a return for your mother and IT department will issue refund for the tax paid.
There won’t be any legal ground to claim for delay, expenditure and stress involved.
Hi Pankaj,
Thank you so much for your prompt and expert response.
I would also appreciate if you could kindly guide me through the STEPS involved in claiming the refund as a layman would expect.
Hoping to hear from you soon.
Regards,
Navshakti.
@Navshakti
You will have to file income tax return in order to claim refund.
This page contains steps for filing income tax return: http://www.pankajbatra.com/india/file-income-tax-return-online-yourself/
Hi,
I am filing return first time. Can you please suggest which assessment year i need to select to file return for 2010-11?
@Vijay
For financial year 2010-11, assessment year is 2011-12.
Hi Pankaj,
REFERENCE:
QUESTION:————>”July 1,2011, 6:15 pm”
SUBJECT:
”Proceedure for filing returns,—(Tax deducted because of no PAN)—-ITO WD4(4),
Thane.”
”I would appreciate if you could kindly guide me through the STEPS involved in claiming the refund as a LAYMAN would expect.
Hoping to hear from you soon.
Regards,
Navshakti.
Good site. Give best Knowldge about Tax return. Very Helffull. I will suggest every one to follow this site.
Thank You