Prereqisites:
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1)PAN card
2)Form-16
3)Bank Account number, MICR code
We can get MICR code of particular bank,branch from www.banklocations.in
4) we need to know which ITR1/ ITR2/ ITR3/ ITR4 we need to file.
In general if we are only salaried employee and no House loans etc..it is ITR1.
If we are salaried and having House loans it will be ITR2
Check once before filing.
Flow chart:
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Procedure to File:
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Step-1: If you didn’t have login in https://incometaxindiaefiling.gov.in/portal/index.do
Create it. Userid is PAN number.
Chrome browser gives you error while registering.
Try to register using IE(Internet Explorer) for first time instead of using Chrome.
Registration page shown as below. Here we need to take care of two things.
1) Fill correctly First name, Middle name, surname.
If your name consists of two parts then Middle name will be empty.
If your name consists of more than two parts just by trial and error method
Fill First name, Middle name, surname.
Ex: ABC DEF LMN
In general I will fill any application
Surname: LMN
FirstName: ABC
Middlename: DEF
But few years back when I applied for PAN card it went wrong I didn’t notice
By trial and error method I found details. J
Surname: LMN
Firstname: DEF
Middlename: ABC
OR
If you are lucky below link tells about your PAN details
https://incometaxindiaefiling.gov.in/portal/knowpan.do
2) Uncheck the Digital certification, bcoz in general individuals doesn’t have Digital certificate J
Step-2: Activation link will be sent to your given mail Id. Activate it and login.
Step-3: After successfully logged in download related ITR excel as shown below.
Download--> e-filing.A.Y.<current Assesment year> à Individual…
If you have any doubt what is Assesment year check in your Form-16.
Step-4: Select ITR1/ ITR2… based on your requirement.
After downloading Excel sheet at first we should enable macros. Default macros will be disabled
In Excel for security reasons.
How to enable macros in Excel 2003:
Tools à Macros àSecurity select low/ Medium
How to enable macros in Excel 2007:
Office Buttonà ExcelOptions à Trust centre à Trust Centre Settings à macro settings to
Enable all macros
Office Buttonà ExcelOptions à Trust centre à Trust Centre Settings à ActiveX settings to
Enable all controls without restrictions.
Save the settings , close and re-open the excel sheet.
If you have enable the seetings correctly now immediately after opening excel sheet
It will prompt the assessment year window…
Now the “validate button” and all others below that will be enabled.
Step-5: Now fill excel sheet with necessary data.
When you open the ITR1 Excel sheet you will find four sheets “Home”,”Income Details”,”TDS”, “TaxPaid and Verification”. “Home” sheet just provides us instructions rest of all we need to fill.
“Income Details” sheet:
===================
Name, PAN, Address.
For individuals “returns filed under section” is 11-u/s 139(1)
Designation of assessing officer is not mandatory to fill.
“Income chargable under Head salaries” check in Form-16 and fill it accordingly.
“Deductions under chapter VI A” check in Form-16 and fill it accordingly.
“Tax payable on Total income” check in Form-16 and fill it accordingly.
“Education Cess” check in Form-16 and fill it accordingly.
Press “Validate” button if you have filled correctly it will throw “sheet is Ok” window.
“TDS” sheet:
===========
Sec 23: Details of Tax Deducted at Source:
Fill employer, Income, Tax deducted details As per Form-16 given.
Sec 24: check form 16 if they have deducted tax other than salary if not then no need to fill
Sec 25: Discussed below …
Press “validate” button if you have filled correctly it will throw “sheet is Ok” window.
Go to previous sheet “Income Details” sheet and press “calculate Tax” Button.
It will calculate and tell if there are any returns/excess tax needs to be paid in
“Taxes paid and verification sheet”.
Here there are three cases.
1) Extra Tax payable is “0” and Refund “0”
2) Extra Tax payable is “X” amount.
3) Refund “Y” amount.
As said above we need to take care of case-2) we need to pay “X” amount tax through
e-payment of tax online and submit details in “TDS” sheet sec 25 “Details of Advanced tax and self
Assesment tax”.
Now again Go to previous sheet “Income Details” sheet and press “calculate Tax” Button. Now it
Will recalculate again and show “Extra tax to be paid” “0”.
“Tax paid and verification” sheet
=====================
if you have any returns fill bank account number, MICR, savings/Current details to get refund back
If any.
Fill sec 27 details Name, Fathers Name, place, Date and validate sheet.
Finally validate all the sheets once and press “Generate” XML button in “Tax paid and Verification”
Sheet.
Step-6: Upload Xml generated in your login in https://incometaxindiaefiling.gov.in/portal/index.do
Submit Returnà Select Assesment Year à select Form Name à Realted ITR which you have downloaded and filled (ITR1/ITR2…).
Press “Next”
Now you have to upload the Xml file which you have generated.
Please cross check all the data which you have given before final kick J
Now you have e-filed successfully and ITR-V will be sent to your mail ID.
Step-7: Download ITR-V which you have received. Password to open the PDF is
Pan number in small letters + DOB ddmmyyyy. For example
PAN is AGVOD7345w DOB is 01011970 password will be agvod7345w01011970
Step-8: Take print out of ITR-V and sign it and post it to
“Income Tax Department – CPC, Post Bag No - 1, Electronic City Post Office, Bangalore - 560100, Karnataka, ” BY ORDINARY POST
Step-9: check the status of efiling in your login.
Myaccount à MyReturns
Myaccount à E-filing Processing status
Where to check Tax refund status?
After 6 months check the status of tax refund status in below link
https://tin.tin.nsdl.com/oltas/refundstatuslogin.html
References:
http://www.incometaxindia.gov.in/
https://incometaxindiaefiling.gov.in/portal/index.do
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