income tax return: The date for filing income tax return is near. This time you can file your ITR till 31st July. While filing income tax return, you also have to keep in mind whether you have opted for the new tax system or the old tax system. Under the old tax regime, you do not have to pay tax on income up to Rs 5 lakh. At the same time, income up to Rs 7 lakh is tax free in the new tax regime.
Even after knowing all these facts, people often take the help of CA or agent to file ITR. People find it the most difficult task to file ITR. Such people think that it is better to give money to CA than to take tension. But do you know that by taking care of some things, you can also file ITR yourself.
Yes, expenses can be avoided if you file ITR by following some simple steps. Like every time, the steps for filing ITR have been given by the Income Tax Department. You can file ITR online by following these steps. Technical information?
Online ITR How to enter How To File Online ITR
First of all go to www.incometaxindiaefiling.gov.in.
Your PAN is your user ID, log in. If you’ve forgotten your password, reset it.
Go to ‘Downloads’ and select ITR-1 (Sahaj) Return Preparation Software under the relevant year. It will be downloaded in excel format.
Open the excel sheet and enter the information related to Form-16.
Calculate all the details and save this sheet.
Go to ‘Submit Return’ and upload the saved excel sheet.
You will be asked to upload the digital signature. You can also skip this step.
A successful e-filing submission message will appear on your screen.
ITR verification form will be sent to your registered e-mail ID.