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.
This is a factual account. Every date and quote below is from written correspondence I…
Every year around July–August, the same ritual: open the Income Tax Department's offline ITR utility…
In my previous update on cross-border investing, I broke down how I secured a zero…
In my last finance update, I documented the exact timeline of executing my very first…
Introduction: Most bank customers accept a credit card rejection as "final." But what happens when…
After spending quite a few days researching platforms and figuring out the best way to…
View Comments
My Home Loan interest is not mentioned in the Form 16 given by the employer. But i mentioned it in ITR-2 while filing online IT Returns. After generating the XML and getting the ITR -V should I send the Form 16 and Loan Interest statement from bank, to IT department so that they can verify the details i entered in my ITR - V form?
@Praveen
There is no need to attach any document along with ITR-V. Income tax department trusts whatever you have stated in return :)
On the official website of IT it is written that Form ITR V can be submitted at the nearest local IT office while somewhere it is written that no Form ITR-V shall be received in any other office of the Income-tax Department or in any other manner (only at Banglore).Please clarify this matter
@Priya
ITR-V has to be sent only to central processing unit at Bangalore.
You can read here : https://incometaxindiaefiling.gov.in/portal/index.do
I agree with you but please have a look at point no.6 on https://incometaxindiaefiling.gov.in/portal/howToEFile.do
@Priya
This is an older page and has not been updated.
My 80C investments is not mentioned in the Form 16 given by my employer. But i mentioned it in ITR-1 while filing online IT Returns. After generating the XML and getting the ITR -V should I send the Form 16 and proof of my investment copy, to IT department so that they can verify the details i entered in my ITR – V form?
@Manikandan
No document needs to be attached with ITR-V. Just one page need to be printed and sent to central processing center.
what is the last date to filling income tax return [ Individuals ] for the financial year 2009-2010.
@Rohit
Official date is 31st July, 2010.
But you can file it till 31st March, 2011.
Thank u sir..........
last year I submitted my return by efilling without digital signature.I have taken print out of the Form ITR-V & it to bangalore(as specified in the website). But this year in the efilling site it is written ---
" Incase the return is not digitally signed , on successful uploading of e-Return, the ITR-V Form would be generated which needs to be printed by the tax payers. This is an acknowledgement cum verification form. The tax payer has to fill-up the verification part and verify the same. A duly verified ITR-V form should be submitted with the local Income Tax Office withing 15 days of filing electronically. This completes the Return filing process for non-digitally signed Returns."
https://incometaxindiaefiling.gov.in/portal/howToEFile.do
Please help me in this matter.
Like last year , can I submit the printed ITR-V Form to bangalore.
@Amrita
This seems to be an older page.
See home page of https://incometaxindiaefiling.gov.in/portal/index.do, it clearly states to submit ITR-V to central processing office in Bangalore.
thanks alot
Dear Sir,
I am a privet company service holder. After paying my income tax in the year 2009-2010, now i have to submit my income tax return file. I receive my form 16 from my office. Pl. inform me how can i submit my return file online.
@Soumen
This post File Income Tax Return Form Online has all the steps, using which you can file income tax online.
I want to Claim LTA with my return, however in the ITR 1 form I don't see any place to put that in ? How do I do it ?
@Mohit
LTA cannot be claimed while filing income tax return. It has to be declared to your employer and LTA should be there in your salary structure.
My company does not take private rental car bills for LTA, most of my expenditure has been that. In that case what should be done.
@Mohit
You won’t be able to claim rental car bills.
Leave travel allowance is exempt from income tax within certain limits as under : -
(a) Where journey is performed by rail; railway-fare in Second AC class by shortest route to destination.
(b) Where places of origin and destination are connected by rail but the journey is performed by any other mode then Second AC class fare by shortest route to the place of destination.
(c) Where place of origin of journey and destination, or part thereof, are not connected by rail and journey is performed by any other transport; then
(i) If a recognized public transport system exists between such places the first class or deluxe class fare of such transport by shortest route, or,
(ii) If in other case, Second AC class fare for the distance of the journey by the shortest route, as if the journey has been performed by rail.
Not sure if that is correct, See this
http://www.rediff.com/getahead/2006/jul/11lta.htm (Quick Tips, Point ii).
Most of the companies do that rental car bills.
Also if we ignore the rental car bills, I have plane tickets of 25,000 (have boarding pass with me). I should be able to claim those.
Hi Pankaj,
I am filling up the Return Preparation Software, had a few questions:
1. Against the Designation of the Assessing officer (Ward / Circle) i need to mention the Jurisdiction that my PAN falls under?
2. What would be mentioned in the "Returned Filed Under Section"? I only have income from Salary.
3. While posting the print out to IT Banglore office, it says on the website to not fold it and send it in an A4 size envelope as it has a barcode, is that correct?
@Kamlesh
1. You can know your jurisdiction from this page: https://incometaxindiaefiling.gov.in/portal/common.do?screen=jurisdiction
2. You have to choose 11 - u/s 139(1) from drop down list.
3. Yes, its better that you send it in a large envelope without folding it. Otherwise machine might not read the barcode.
Pankaj,
I am trying ITR2 preparation software from Income tax website ITR2_2010_11_R13.zip. In PARTB - TI - TTI of the sheet, I am filling "Allowances exempt under section 10" but this amount is not reflecting anywhere in calculation of the sheet. I suspect that there is some problem with excel preparation software of Income tax. Could you please advise. I tried re-validating and recreating the excel but this amount is not getting reflected anywhere and as a result Income tax excel utility is calculating hefty tax .
@Abhishek
Allowances figure has to be provided just for informative purposes.
You have to provide salary figure excluding these allowances. Just deduct these non-taxable allowance and provide rest of the figure in salary portion.
Thanks I put the figures subtracting the allowances. Now calculations are correct. Actually the column "Salary (Excluding all allowances, perquisites & profit in lieu of salary)" confused me but actually we have to subtract the section 10 and employment tax amount out of total salary and put it there.
Hi,
I had switched the job and have two form 16. I had submitted form-16 of the first company to the Second company, hence their form-16 reflect the details like PF, income, Tax deducted of the first company. While filling the TDS sheet of ITR2, I filled the details of the first form16. But I am not getting what values to be entered for the second company's case. Should I have to enter the details after deducting the income, pf , tax paid by the first company. Or else I can enter the details as is given in the form16. Pls help me on this.
@Amith
You can use combined figures in salary sections of income tax return form.
But in TDS sheet, you will have to provide figures for both separately.