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

The post How to file ITR: No need to pay CA, you can file ITR like this yourself first appeared on Rightsofemployees.com.

There can be difficulties in filing ITR, but if this work is done with some preparation then it can be filed even without the help of experts. Let us know, how you can file ITR sitting at home.

Keep these things in mind before filing ITR

If you are going to fill ITR, then first calculate the income, tax and return so that the process becomes easier. Also, tax deduction and TDS charge should also be kept in mind. TDS is filed under Form 26AS, under which you have to give information about your income and deductions. Before starting the process, make sure that you have all the necessary documents like your Form 16, bank details, investment details and other sources of income with you. Income tax return facility has been given on the e-filing portal.

Know step by step process

• To file Income Tax Return (ITR) online, you have to register on the Income Tax Department website.
• If you are a new user then you have to register as a new user after registering your PAN, name and date of birth.
• – Different ITR forms are filled depending on the sources of your income. Choose the form that best suits your source of income.
• After selecting the form fill all the required details like personal details, income details, tax deductions and exemptions.
• Once you have entered all the information, verify all the details and ensure that they are accurate and correct.
• Submit your tax return once you are satisfied with the details.
• You can do this by sending a physical copy of the return to the Income Tax Department or by uploading the return online.
• If there is any tax due, make sure you pay it before the deadline.

The post ITR Filing Process: You can file income tax return by yourself, know here step by step process first appeared on Rightsofemployees.com.