The time to file Income Tax Return (ITR) for the financial year 2023-24 and assessment year 2024-25 is till 31 July 2024. Taxpayers have 2 months to file ITR. Most of the salaried taxpayers are waiting for Form 16 to file ITR. Most of the companies have also started giving Form 16 to the employees. Here we are telling you how you can file ITR in a few minutes.

You can file ITR online in a few minutes

If you also want to submit your income tax return online, then you can do so in a few minutes. Here we are telling you the step by step process of filing ITR online, through which ITR will be submitted in a few minutes.

How to file income tax return online?

To file ITR online, first you have to visit the official website of Income Tax. You have to go to the Income Tax website https://www.incometax.gov.in/iec/foportal/.

Step 1: Open the Income Tax e-filing website https://www.incometax.gov.in/iec/foportal/ and login by entering your PAN number and password.

Step 2: After this you have to click on File Income Tax Return.

Step 3: In the next step you have to select the assessment year. If you are filing ITR for the financial year 2023-24 then you have to select Assessment Year (AY) 2024-25.

Step 4: After this, you have to tell who you are. That is, Individual, HUF and other options will be available. You can click on ‘Individual’ for your ITI.

Step 5: After this, you have to choose the type of ITR. There are 7 types of ITR in India. ITR forms number 1 to 4 are for individuals and HUF.

Step 6: In the next step, you will have to select the type of ITR and the reason. Here you will have to select options like taxable income more than basic exemption, fulfilling specific criteria. Here you will have to click on the checkbox given below.

Step 7: Pre-field information has to be updated. Here you have to validate PAN, Aadhaar, name, date of birth, contact information and bank details. Here you have to give details of income, tax and exemption deduction. After this you have to confirm to file your return. After giving the details, if any tax remains then it has to be paid.

These documents will be required to file ITR online

• PAN and Aadhaar Card
• bank statement
• Form 16
• donation slip
• Investments, insurance policy payment receipts and home loan payment certificates or receipts.
• Interest Certificate

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Website service can be taken for ITR filing

Most of all take the help of Chartered Accountant (CA) to file ITR. Or you can take the help of third party online platform. Such as Clear (earlier its name was Clear Tax.), Tax2Win, TaxBuddy, Quicko, My Return etc. can file returns.

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The last date to file income tax return is. Now only a few days are left. There is a demand to extend the deadline on Twitter to extend the date of return. However, the department is not in favor of this. 31st July 2022 is the last date to file tax returns. Different tax payers of different categories of income tax returns file different ITR forms. Most of the people, fill the ITR-1 ‘Sahaj’ form (ITR Form-1). This form is filled when the income from your salary, house rent and other income sources is less than Rs 50 lakh. Let us know in detail how you can file this form in just 15 minutes.

How to File ITR Online

The filing of income tax return will start by logging in to the e-filing portal. Login with your User ID and Password.
Click on ‘e-File’ on the dashboard, then go to ‘Income Tax Return’ and click on the option ‘File Income Tax Return’.
After this, select ‘Assessment Year’ and then click on ‘Continue’.
After this select the ‘Online’ filling mode and then press the option of ‘Proceed’.

Select the type of income tax return

Select whichever category is applicable to you and then select the option ‘Continue’.
You have to choose one of the types of income tax return. You will see two options, first- if you are not sure which ITR you want to file then select the option ‘Help me decide which ITR to file’ and proceed.
– If you know which ITR return you have to file, second, select the option ‘I know which ITR form to file’ and select the ITR format from the options given in the dropdown menu and then click ‘Next Proceed’.

This is how ITR filing process will be completed

After the above-mentioned steps, prepare a list of all the necessary documents in one place and then click on ‘Let’s get started’.
Some questions will appear on the screen, answer them according to you and then select the option of ‘Continue’.
Fill the required data and click on ‘Confirm’ option given after each section.
Fill in your income and deduction figures separately and do not leave any section incomplete.
If there is a tax liability, then select the option to pay it and if it is not there then select ‘Preview return’.  After verification, click on the option ‘Submit Return’, ‘Proceed to Verify’ and then on the page that will open, select the option of your choice and proceed. Please note that this verification is necessary.
– If there is any refund on the basis of tax calculation then you will be taken back to the previous page.
After doing this, on the page of ‘Preview and Submit Return’, fill in the option of ‘Location’, then tick the declaration checkbox and select ‘

Process completed, how will the status be checked

Your income tax filing will be completed. After this, note down the transaction ID and acknowledgment number that appear on the screen so that you can check the status of filling.

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