10 Step Process for Filing Income Tax Returns

Whether you wish to go in for the quick e-filing process or manually file your income tax returns, here is a helpful guide to assist you in completing and submitting this vital document by yourself. Select the Correct Form - There are two income tax forms for salaried individuals. ITR-1 is for those who derive their income from salary, pension or interest while ITR-2 is for income from capital gains, house pr [...]Whether you wish to go in for the quick e-filing process or manually file your income tax returns, here is a helpful guide to assist you in completing and submitting this vital document by yourself.

• Select the Correct Form - There are two income tax forms for salaried individuals. ITR-1 is for those who derive their income from salary, pension or interest while ITR-2 is for income from capital gains, house property and other sources. Those who wish to submit their tax returns manually may download the pdf forms- External website that opens in a new window from here. These forms need to be printed, filled by hand and signed before submitting to your local income tax office.
• Use of Return Preparation Software - Those citizens who wish to avail the e-filing system need to download the Return Preparation Software- External website that opens in a new window for each ITR form. This software is an excel file that requires one to type in personal details as well as financial information from TDS certificates, bank statements, deductions made and interest statements.
• Generating an XML file - After keying in the details, check once for accuracy. After you are satisfied, click the 'Generate' button to create your tax return in XML format. This format helps in sharing of structured data across different information systems. Save this XML file on your computer.
• Register - The next step requires you to Register at the Income Tax website- External website that opens in a new window. Your registered Permanent Account Number (PAN card) has to be entered as your username.
• Login - After registering, enter your user id and password to login. Click on the relevant form on the left panel and select 'Submit Return'.
• Upload XML - Browse to select the XML file, which you had generated and saved in Step 3. Click on the 'Upload' button to upload the file.
• Acknowledgement - After the file is successfully uploaded, acknowledgement details or the ITR-V Form will be displayed. Take a printout of this acknowledgement for your records.
• Digital Signature - If your income tax return was digitally signed, then no further paperwork or visit to the income tax office is needed. Here is some information about how to get a digital signature- External website that opens in a new window.
• Verification - If your return is not digitally signed, then you need to print and fill up the verification part of the acknowledgement cum verification form (ITR-V). This has to be signed and submitted to the local Income Tax Office within 15 days to complete the e-filing process.
• Additional Assistance - In case you require any more help in filing the paper copy of the return, please contact the Public Relations Officer at your local Income Tax Office. One may also phone the Aayakar Sampark Kendra (ASK) call centre at 124-2438000 or email atask@incometaxindia.gov.in.

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