How to File Income Tax Return for Salaried Employee
Follow the steps mentioned below to e-file your income tax returns using the Income tax e filing portal:
Step 2: Next, Enter Username then Click continue and After enter your Password.
Step 3: Once you have logged into the portal, click on the tab ‘e-file’ and then click on ‘File Income Tax Return’.
Step 4: Select the Assessment year for which you wish to file your income tax returns and click on ‘Continue’.
Step 5: You will then be asked whether you wish to file your returns online or offline. In this case you need to choose the former which is also the recommended mode of tax filing.
Step 6: Choose whether you wish to file your income tax returns as an individual, Hindu Undivided Family (HUF), or others. Choose the option ‘individual’.
Step 7: Choose the income tax returns (ITR) you wish to file. For example, ITR 2 can be filed by individuals and HUFs who don’t have income from business or profession. Similarly, in case of an individual, they can choose the option ITR1 or ITR4. Here you will have to click ‘Proceed with ITR1’.
Step 8: The next step will ask you the reason for filing your returns above the basic exempted limit or because of the seventh provision under Section 139(1). According to the section, if the aggregate amount deposited by an individual exceeds Rs.1 crore in one or more current accounts during the year, exceeds Rs.2 lakh on a foreign trip, or if a payment of more than Rs.1 lakh is paid on electricity bills, then the person can file their income tax returns. Make sure you choose the right option.
Step 9: Fill in the details of your bank account. If you have already provided the details of your bank account, then pre-validate it.
Step 10: You will then be directed to a new page to file your income tax returns. The page will contain a lot of information filled already. Check them make sure all the details mentioned are correct. Confirm the summary of your returns and validate it.
Step 11: The final step is to verify your returns and send a hard copy of if to the Income Tax Department. The verification process is mandatory.
Posted by Aashima
Team TaxaJ
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