The Income Tax Department is sending messages and emails to taxpayers daily asking them to file their returns as soon as possible. Usually people have a habit of filing ITR at the last moment. Due to this many times the system hangs and there is a problem in filling the ITR. Therefore, you should also file your ITR as soon as possible without waiting for the last date. Its process is very easy and you can complete this work yourself in 15 minutes sitting at home.

Taxpayers are often nervous about filing their ITR. They find this work very difficult. In such a situation, they get ITR filled from CA who charge hefty fees. But it is very easy to fill. Today we are going to tell you about the process, with the help of which you will be able to file your income tax return sitting at home. The process of filing income tax return is quite easy. You will not have to face any kind of problems in this. Let’s know about it in detail…

Fill ITR like this

To file income tax return, first of all visit the e-filing portal www.incometaxindiaefiling.gov.in. If you already have an account then you have to login. If there is no account, then in this case select the option of registration.

After this you have to select the option of e-file on the homepage and select the option of File Income Tax Return. Now the option to choose the assessment year will appear in front of you. You have to go to Personal option to file ITR online. After doing this, you have to select the most important appropriate form.

If you do a job then you come in the salaried class. In this case you have to choose ITR-1 form. The salaried taxpayer will get a pre-filled form. With this you can merge data from salary slip, Form 16 and AIS. Check your bank details before claiming the return. After checking all the necessary things, you have to submit the ITR. After doing this process, ITR has to be e-verified. You can easily do this online with the help of bank details. The Income Tax Department processes the ITR in a few days. With the help of acknowledgment number, you can easily check your status.

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But how will this phobia of ITR filing go away? Let us know what is the process of filling ITR online. ITR Form-1 is for salaried employees with income below 50 lakhs, know the step by step process of filling this form below-

How to file ITR? 

Step 1- First of all go to the e-filing portal of Income Tax, https://www.incometax.gov.in/iec/foportal / this link has to be visited.

Step 2- Here enter PAN, password and captcha code in the user ID and log in.

Step 3- You will see the e-file menu above, and then go to Income Tax Return and select File Income Tax Return.

Step 4- On the next page, you have to select the relevant assessment year. In the mode of filing below, the option of online has to be selected. Then click on Continue.

Step 5- Here you will click on Start New Filing. If you had tried filing earlier and had saved the draft, then you can choose the above option.

Step 6- Here you have to click on Individual in Status Applicable as you have to file ITR-1.

Step 7- On the next page you have to choose ITR form, where you will choose ITR 1. Here you can see which type of taxpayer has to fill which ITR form. Proceed with ITR Form 1.

Step 8- Here you can see what documents you will need. Click on Let’s Get Started to proceed.

Step 9- You will tell in the next page why you are paying income tax.

Step 10: Now you have to validate the details of your pre-filled return. In this, check your details in personal details. If there are some changes in the filing section then you can edit.

Step 11- Similarly, you will also have to validate the details of your total income, tax deduction, tax paid, and tax liability. When you have validated all the details then you can proceed. If any tax amount is to be paid now, you can do it now or later with e-pay tax service.

Step 12- Now you can see the preview of your ITR. From here click on Proceed to Validation.

Step 13- Now you have to verify ITR. Three options will appear, choose whichever option is easy and convenient for you. After e-verification, your ITR will be submitted. You can download your ITR receipt from here.

The post How to file ITR online for FY-2022-23 ? first appeared on Rightsofemployees.com.

The deadline for filing income tax returns for the assessment year 2023-24 i.e. the financial year 2022-23 is nearing. Taxpayers have time till July 31 to file income tax returns. One week of this month has almost passed. In such a situation, now only 3 weeks time is left to file income tax return.

Don’t wait for the last minute

Generally people keep postponing the work of filing income tax return. Although the Income Tax Department repeatedly advises people not to be negligent in filling ITR. People keep sitting thinking that there is still so much time left. In such a situation, they get trapped, because there is a danger of crowding on the portal at the last moment.

Deadline was not increased last year

At the same time, there are many people who feel that like other government deadlines, it will also be extended. Remind such people that last year the deadline for filing income tax return was not extended. This year also there is no scope for giving extra time to file income tax return.

This is how you can save thousand rupees

Filling income tax return is not a very complicated task. The government is also continuously making the process of filing income tax return easier. Documents like Form 16, Form 26S, AIS, TIS etc. have made filing income tax returns very easy. If you try yourself, you can file your ITR sitting comfortably at home in a few easy steps. For this there is no need to go to any CA and pay a fee of thousand rupees. Today we are going to help you in this work…

File ITR like this (How to file ITR, A step by step guide)

• First of all go to the e-filing portal of the Income Tax Department www.incometaxindiaefiling.gov.in
• If your account is already created then log in
• If the account is not created then create an account by clicking on Now register
  on the home page e Select the File option
• Now select the File Income Tax Return
• option to choose the assessment year First of all
• go to the Personal option to file ITR online
• Now the most important thing is to select the appropriate form
• If you are salaried then ITR-1 form Select
• the salaried taxpayer will get the pre-filled form
• You can match the data from your salary slip, Form 16 and AIS etc.
• Check that the bank account details are correct before claiming the return
  Submit ITR after cross-checking all,
• after this it is also necessary to e-verify ITR,
• you can do this work online with the help of bank details.
• Income Tax Department processes ITR in 3-4 weeks.
• You can check the status online anytime with the help of the acknowledgment number

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File ITR on time

Experts are advising personal tax payers to file their ITR as soon as possible to avoid any kind of haste or disturbance at the last moment. With this you will be saved from any kind of mistakes. Let us know how to file step-by-step ITR by yourself-

How to file ITR?

You have the option of filing ITR through e-filing portal and app or through a chartered accountant. If you are filing ITR by yourself then most of you have to file it online on the website of Income Tax Department.

Documents required for ITR

even if there is a pre-filled ITR form on the e-filing portal. But some income like capital gain needs to be filed manually. Following are some of the important documents that you should keep handy while filing ITR. As-

– Form 16
– Form 16A
– Form 26AS
– Capital Gains Statements
– Tax saving investment proof

Step-by-step file ITR like this

• First of all go to Income Tax e-filing portal.
• Now login using your user ID (PAN), password and captcha code.
• After this, click on ‘Income Tax Return’ in the ‘e-File’ tab.
• Select the right Income Tax Return (ITR) form based on your income and other factors. If you have Form-16, you can use either ITR-1 or ITR-2.
• After this, select the Assessment Year (AY) based on the year you are filing ITR. At present, you should select the assessment year 2023-24.
• Validate all the data entered in the form and click on submit.
• After submitting the return, e-verify it through any of the available options like Aadhaar OTP etc.
• Now upload the e-verify return.

In the last step, double-check all the information given by you and upload the form. Your ITR is not complete until you verify the return. Let us tell you that this time the last date for filing ITR on behalf of CBDT has been fixed as 31 July 2023. In such a situation, complete your work on time this time.

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Income Tax Return filing last date For taxpayers whose accounts are not audited, the last date for filing ITR for FY 2021-2022 is July 31.

You will get the benefit of filing on time If you file ITR on time, you get many benefits. You get many more benefits such as quick approval of loan from bank, quickest tax refund, quick approval for government tenders. (income tax return filing benefits) The most important thing is that you are a part of the growth of the country. That’s why you should file your income tax return before the deadline ends.

ITR filing deadline penalty

According to the rules, if you file ITR after the deadline, you will have to pay a penalty of Rs 5,000. (ITR filing late fees) Penalty is imposed due to late filing of ITR. If the total income of the taxpayer does not exceed 5 thousand, then he will have to pay a fine of Rs 1,000.

How to File ITR

The most important thing is that taxpayers filing Income Tax Return (ITR) without digital signature i.e. without e-verification through electronic mode have to verify it within 120 days of ITR uploading. There are 4 ways for this.

File return on the form

• Sign digitally electronically
• Filling of data in the return electronically under the Electronic Verification Code
• By electronically transmitting the data in the return and then submitting the verification of the return in the return form ITR-V
• In case taxpayer files return without digital signature, he/she has to submit 2 copies of his ITR-V form

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