Saturday, July 12, 2014

Steps-by-step procedure to submit IT Return

July month is the time to file you IT return. Income Tax Department has come up with an easy way to file IT return.
Step 1: Log in to the Income Tax Department site. (https://incometaxindiaefiling.gov.in/).
Note:
  • For registration, PAN card is mandatory, and this number will be your user ID.
  • Keep your Form 16 handy, that is provided by your company.
Step 2:
a. In the Quick Link section, click Quick e-File ITR.
b. Provide the IT returns detail as illustrated in Figure 1.
Note: If you have income from any other source other than interest (such as, shares, property deals, and other), which attracts tax under different clauses; select correct ITR form.
Figure 1. Prepare and Submit Online
Prepare and Submit Online
Step 3:
a. In the Personal Information tab, provide your personal details.
b. Click the Save Draft icon.