How To File Income Tax Return on Income Tax Portal?

How To File Income Tax Return on Income Tax Portal?

Nothing proves your financial wisdom and ethics like tax compliance – timely filing of ITR. Filing your income tax return is not as difficult as it sounds. Here is a step-by-step guide to e-file your income tax return using ClearTax. It is simple, easy, and quick. Steps to e-file your income tax returns online:

How to File ITR? – Steps to e-File Your ITR

ITR e-Filing – Login & Required Documents

Before we get started, you should have the following documents at hand to pace up the process:
  1. PAN
  2. Aadhaar
  3. Bank account details
  4. Form 16
  5. Other Income information
  6. Investments details


Login
Login to your ClearTax account. You can file ITR yourself in 3 simple steps. To begin ITR filing, click on the ‘Start Filing’ link

Link Your PAN

Clear (previously ClearTax) allows you to access data from the income tax department and pre-fill information for preparing an income tax return. Link your PAN by entering ‘PAN Card Number’ and ‘Date of Birth’. 

The linking shall complete when you do an OTP verification. You can verify OTP by selecting ‘Aadhaar registered mobile number’ or ‘IT Department registered mobile number’.
Pre-fill Your Personal Information
To allow us to pre-fill your information from the income tax department, complete another OTP verification. This OTP verification is to capture all your personal information and income details in your income tax return with maximum security of your data.
This service feature saves you a lot of time and hassle with manual entries. We’ve made painstaking efforts to help you file the return in under 3 minutes. So proceed to do an OTP verification.

After OTP verification, the personal information and income details will be imported from the income tax department.

On the next page, you can preview all your details pre-filled. All you have to do is ensure that they are correct
For more accurate filing, you can upload your Form 16. 

Upload Form 16 PDF and proceed.

And here are your salary details captured.

Did you switch jobs? 

We’ve got you covered. You can upload multiple Form 16s at a time. You can edit the values, if required, even after uploading the PDFs. 

Note: If you want to skip the pre-fill option, you can manually enter the details. 

Edit and Review Details

Personal Information

Go to the ‘Personal Info’ tab and check the pre-filled details. If you want to add or edit any information, you can make the changes and proceed.

Income Sources

Go to the ‘Income Sources’ tab. Hurray! Your salary details are also pre-filled. Just review the details to whether they are correct. If you did not select the pre-fill option earlier, you could upload your Form 16 or 26AS PDF to fetch the salary details.  

Next, you can enter income from house property, capital gain, business income, and other income sources. Then click on ‘Continue’ to proceed to enter tax-saving details.

Tax Saving

Under the ‘Deductions’ tab, review the investment details (e.g. LIC, PPF, etc.) captured. If you want to add more tax-saving details, you can edit the fields and claim tax benefits here.

Enter the Taxes Paid Details

If you scroll down below, you can enter taxes-paid details. Add tax payments already made if you have any non-salary income, say, interest or freelance income.

You can also add these details by uploading Form 26AS. In the case of uploading Form 26AS, only the TDS details get auto-populated and not the income, hence required to enter the income details in the respective place.

You can claim relief under Section 89 of the Income Tax Act. Also, enter the self-assessment tax paid for the relevant financial year under the tab ‘Self tax payments.

Other Disclosures

The Clear portal also allows you to make other important disclosures, as shown in the below screenshot.

View Summary, Compare, and Switch Tax Regimes

On the next page, you can also view the computation of your income tax. It will compare your tax under both old and new tax regimes.

The ClearTax portal allows you to switch the tax regime at this stage. You can also view and download your tax report.

Scroll down below, and you can go through all the details filled by you in each section and edit any of these items. To proceed, click on ‘File tax’.

Self-Declaration

You will need to declare that all the information in return, including the amounts, is correct. This step ensures that you have double-checked the information for its correctness and authorized ClearTax to file ITR on your behalf. To proceed, check the box and ‘Submit Declaration’.

Pay Taxes

You can view your tax-due status in the computation. If any tax is due to be paid, you must pay the same and enter the challan details to proceed to the e-file. Read this guide to know how to pay your tax dues.
If you see ‘Refund’ or ‘No Tax Due’ here, you can proceed to e-file. You will get an acknowledgment number on the next screen.

Make Payment

You can now make the payment for submitting your return through the Clear (previously ClearTax) portal. To do the same, click on ‘Pay and e-File now’.

Who doesn’t like some discount coupons while making a payment? 
Here you go! You can click on ‘view coupons’ and apply any one of the relevant coupons and avail of the discount. Now make the payment from a host of payment options available to you. 
On completion, you will see a success message as shown below. 

ITR Submitted Successfully

If the ITR is successfully submitted to the income tax department, you can see the success message bel

Created & Posted by Garima
Article Assistant Designation at TAXAJ

TAXAJ is a consortium of CA, CS, Advocates & Professionals from specific fields to provide you a One Stop Solution for all your Business, Financial, Taxation & Legal Matters under One Roof. Some of them are: Launch Your Start-Up Company/Business, Trademark & Brand Registration, Digital Marketing, E-Stamp Paper Online, Closure of Business, Legal Services, Payroll Services, etc. For any further queries related to this or anything else visit TAXAJ

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