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.
Great article..because finance related articles are very rare on internet..
keep up the good work..
I am facing the problem while filing the online income tax returns form, while filling the Tax paid coloumn it is asking for the password. Could anyone help me to avoid this passwod.
thanks,
Sreenivasa.
@Sreenivasa,
Please provide your inputs only in fields with Green color. Other fields in sheets are locked.
I have forget to put the Total Taxes and INterest Payble and uploaded the XML. Now acknowledgment shows refund equal to tax paid by me. Whereas It should be zero.
How can I upload again correct XML
@Sumit,
You will have to create a revised return or you can contact Aayakar Sampark Kendra (ASK) call center on 0124-2438000 or email them at [email protected]
Sir,
My take home is 15000/- (in hand) for metro city no deduction made and moreover my employer they don’t issue form 16. Can I submit my tax indivially thru net . and alos pls. let me know how to submit zero taxable return.
@Koushik,
Please use the income tax calculator to calculate your income tax.
I was trying to fill the excel based utility for eFiling of the ITR, however I’m unable to understand how/where to show the Interest on Housing Loan. Generally the Interest on Home Loan is shown as a negative value which will thus reduce the Gross income, however if I insert the Home Loan Interest in the field, it is adding to my Gross Income & thus the taxable amount.
Also, it doesn’t accept negative values, kindly advise.
@Utpal,
For availing housing loan interest benefit under section 24 of income tax act, You will have to Fill ITR-2 and provide values under Sheet ‘HOUSE_PROPERTY’ in Row no 12
Hi Pankaj,
Must say great work buddy. I am filing my returns first time and you have made by job easier.
I just have one doubt. I have obtained my PAN card from J&k but I am currently residing in Bangalore.
so, i enter my present address details. However, if i go to income tax website and enter the PAN details, it says that my circle/ward should be srinagar.
Please help me that should I input srinagar or bangalore as my ward/circle. And should the employer’s address and ward/circle be same?
@Waseem,
You should leave ward/circle blank and provide your current address in ITR form. Also employer’s address and ward/circle can be different.
Great Job , really helpful.
I have one question, I have purchased a home at my native and my parents are residing in that. I do not have any income from that house, which ITR form should I go with.
Thanks
@Rinkoo,
If you have taken a home loan for that home, you must take benefit of that and fill ITR-2 form, else you can fill ITR-1.
Hi Pankaj,
I have two form 16 forms , I have made IT Returns for One form 16 and now I received 2nd Form 16 from my previous employer, can i now file another ITR 1 for 2nd form (from previous employed)
Regards,
Ajay
@Ajay,
You cannot file 2 income tax return for same financial year. You will have to file a revised return in case you have already submitted your one return form to income tax department.
extremely useful Thanks
Hi Pankaj,
I have completed the procedure. Now i just need to mail the Form ITR-V. However, I am not sure if I have to attach any documents like Form-16 or PAN Xerox along.
Could you please clear my doubts on this.
Thanks
@Waseem,
You need not to attach anything, Just take a print of ITR-V, Sign it and send it across through Simple Post to Income tax Bangalore address.
Hi Pankaj,
I have paid some premium between February and March. That is not present in my form 16. I want to submit that proof while e-filing return. Could you please let me know what is the process to submit those proofs?
Thanks
Pratap
@Pratap,
You can provide the new amount in Income tax return form and there is no need to submit any proof along with return form.
Hello,
Thanks for good information.
I have 2 queries
1) I am an employee in private comp.
I don’t have any other additional income rather than sal
I have a home loan in such a case which ITR form
i.e. ITR1 or ITR2 is required to be filled by me
2) Is it reuired to attach origional form 16 with ITR form?
Thanks
Mannu
@Mannu,
1. As you have taken Home loan, you should file ITR 2.
2. There is no need to attach original or even copy of Form 16 with return form.
Hi..
Wenevr i m am tryin to click on file e-return link.. the web page is showing “the page not available”….. Is there any problem with the site..
@Dipak,
Can you plase tell, Which link you are trying to open and is not working
Hi Pankaj
I am currently not in India. Can you please tell me how can i file my income tax return. If i choose the option of e filing, i may not be able to send back ITR V form. I do not have digital signatures either.
Is it possible that some friend of mine download ITR V form, fill it on my behalf and send it to mentioned address.
Also let me know if there are any other options .
Thanks a lot !!!!
Gaurav
@Gaurav,
Somebody can post ITR V to income tax department on your behalf, But it needs to be signed by tax payer.
What you can do is file return online, take a print out of ITR-V, sign it and send it to your friend’s address in India, who can then post it to Income tax office by Simple Post.
Also, you can use below provided online tax filing website to do so, but its a paid solution Click here to file income tax return through Taxsmile
Hi Pankaj,
i have made donation of Rs.12000/- to a temple which had issued me a receipt with tax exemption under 80G .
This amount is not included in my form-16.
I want to claim refund, whats the procedure for this? should I need to submit the receipt in original to IT dept? Please advise.
Thanks in advance.
@Manu,
You can include the donation in Income tax return even if its not there in Form-16. There is no need to submit any proof/document with income tax return.
Hi Pankaj,
How do I need to enter the TDS in ITR 1 Excel utility available from incometaxefiling website? (The TDS field is locked).
@Akmal,
Use row 4-6 in ‘TDS’ Sheet of ITR 1 excel utility.
Pankaj ji
Thanks a lot
One more query
Actually I am supposed get extra tax which I have paid in the last year i.e. 2007, 2008
When I will get the same from Govt.?
Whether I will get the intrest on it from govt?
Thanks
Mannu
@Mannu,
You must file RTI in income tax office for status of refund.
Rather interesting. Has few times re-read for this purpose to remember. Thanks for interesting article. Waiting for trackback
Hi Pankaj … That’s awesome info you have posted. Thanks for it.
One question: You said that for filing return without Digital Signature, ITR V form needs to be sent to IT Dept within 30 days of E-filing. Now, given that July 31st is the deadline to file tax returns, if i e-file on July 20th, does my clock of 30 days continue until Aug 19th or only until Jul 31st.
@Pushpinder,
Yes, you have to send ITR-V within 30 days of e-filing, Even if you file on 31st July, your 30 days will start after that only.
Hi Pankaj … 2 more Qs:
a. Can i E-File return for any of the previous AYs?
b. If i had filed return for some previous years earlier and now i want to file that return again with some additional info on investments, can it be done through E-File?
Thanks.
@Pushpinder,
Currently you cannot file previous year’s return through E-file.