Details about income tax filing and their return

1. INCOME TAX ASSIGNMENT
E-FILLING OF INCOME TAX
RETURN
SUBMITTED TO:- SUBMITTED BY:-
Mr. C.S. Pandey Sagun Sarawagi
Bcom(Hons) B

2. Electronic Filling
INTRODUCTION
The process of submitting tax returns over the
Internet, using tax preparation software that has
been pre-approved by the relevant tax authority,
is known as e-filing. E-filling has manifold
benefits; the taxpayer can file a tax return from
the comfort of home, at any convenient time,
once the tax agency begins accepting returns.

3. Types of E-Filling
 Use Digital Signature Certificate to e-file. It is mandatory to
file IT forms using Digital signature Certificate by a
chartered accountant.
 If you e-file without DSC, ITR V form is generated, which
should then be printed, signed and submitted to CPC by
ordinary post or speed post within 120 days from the date
of e-filling.
 You can e-file IT returns through an E-return Intermediary
(ERI) with or without DSC.

4. How to file E-Return ?
 Fill income tax returns offline and upload XML on the official
website: incometaxindiaefilling.gov.in
 Prepare and submit ITR I online.
STEPS TO FOLLOW FILE INCOME TAX RETURNS:
First, logon to IncomeTaxIndiaeFilling.gov.in and register on the
website.
 Your Permanent Account Number (PAN) is your User ID.
 View your tax credit statement or Form 26AS. The TDS as per your
form 16 must tally with the figures in form 26AS.
 Click on the income tax return form and choose the financial year.
 Download the ITR form applicable to you. If you are exempt income
exceeds Rs. 5000, the appropriate form will be ITR2.

5.  Open excel utility and fill out the form by entering all details using
your Form 16.
 Check the payment amount by clicking ‘calculate tax Tab’.
 Pay tax and fill in the Challan details.
 Confirm all the data provided in the worksheet by clicking the validate
tab.
 Generate an XML file and save it on your desktop.
 Go to upload return on the portal’s panel and upload the saved XML
file.
 A popup will be display asking you to digitally sign the file. Upload the
digital signature.
 The acknowledgment form, IYR verification will be generated which
can be downloaded by you.
 Take a print out of the form ITR-B and sign it in Blue-Ink
 Send the form by ordinary or speed post to the income tax
department- CPC.

6. Steps to File ITR-1 Online
Prepare and submit ITR1/ ITR 4S Online
You have the option to submit ITR1/ ITR 4S forms by
uploading XML or by online submission.
 Login to e-filling application.
 Go to E-file. Prepare and submit ITR online.
 Select the Income Tax Return Form ITR 1/ ITR 4S and the
Assessment year.
 Fill in the details and then click the submit button.
 After submission, acknowledgement detail is displayed.
 Click on the link to view or generate a print put of
acknowledgment/ ITR V form.

7. Things to Watch Out For
While E-Filling
 If the same mobile number or email address is used for
more than four taxpayers, you cannot file returns on the
website, unless the required change is done.
 If you name mentioned in your bank documents or official
statements is even slightly different from the one given in
the PAN card, the portal will consider you a different
individual.
 If a non-resident Indian has to file income tax returns, he
will need both Indian number and foreign number.

8. Thank you