Efiling your Income Tax Online

Electronic filing(E-filing) of income tax returns has been introduced by the Government of India for all citizens. With this facility, income tax returns can be filed through the Internet and even a number of statutory forms can be filed this way.
E-filing facility is available in Ahmedabad, Bangalore, Chennai, Delhi, Hyderabad, Kolkatta, Mumbai and Patna and now this facility is available in 61 cities across India.
Different methods of online tax filing

  • Using a digital signature, in which case no paper returns is necessary to be submitted – filing electronically
  • If the person filing returns is not using/does not have digital signature, then paper returns with signature have to be submitted compulsorily – filing semi-electronically.
  • You can use intermediary to file the returns on behalf of an individual taxpayer, both electronically and through paper. The intermediaries include chartered accountants and financial bodies who file returns on any individual’s behalf.

How to do E-filing
1 Select appropriate type of Return Form
2 Download Return Preparation Software for selected Return Form.
3 Fill your return offline and generate a XML file.
4 Register and create a user id/password
5 Login and click on relevant form on left panel and select “Submit Return”
6 Browse to select XML file and click on “Upload” button
7 On successful upload acknowledgement details would be displayed. Click on “Print” to generate printout of acknowledgement/ITR-V Form.
8 Incase the return is digitally signed, on generation of “Acknowledgement” the Return Filing process gets completed. You may take a printout of the Acknowledgement for your record.  
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 mailed to €œIncome Tax Department €“ CPC, Post Bag No – 1, Electronic City Post Office, Bangalore – 560100, Karnataka, € BY ORDINARY POST ONLY within 30 days after the date of transmitting the data electronically.
9 ITR-V sent by Speedpost, 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. In case, Form ITR-V, is furnished after the above mentioned period, it will be deemed that the return in respect of which the Form ITR-V has been filed was never furnished and it shall be incumbent on the assessee to electronically re-transmit the data and follow it up by submitting the new Form ITR-V within thirty days. This completes the Return filing process for non-digitally signed Returns.
10 For any assistance in filing the ITR-V please contact the Public Relations Officer of the local Income Tax Office

About mohan

This is Mohan Jayapalan author of TechPages Blog.I am a part time blogger and Currently working for private Software Concern.

Comments

  1. Pareshbhai Balkrushna Darji says:

    I want to check my provided balance so pleases check my balance.

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