Online Process of Income Tax Return Filling

The process of filing a tax return is online which is referred to as e-filing. The Income tax returns can be filed self or through the aid of expert by registering on the earnings tax department website. Online Income Tax Return Filing is much easier & popular as it doesn’t involve tiresome documentation and can be done easily from home or office.
PROCEDURE:
Register or log in on income tax website i.e. incometaxindiaefiling.gov.in
Pick the suitable Income tax form and pick the financial year.
Download the Income-tax Return form.
Open the downloaded form in excel utility.
Fill out the information.
Examine your tax credit statement.
Claim 80G, savings certificates, and other deductions.
Examine the tax payable quantity by clicking the ‘determine tax’ tab and pay the tax (if appropriate).
Fill out the challan details in the Income tax return.
Confirm all the details filled in the worksheet by clicking the ‘validate’ tab.
Produce an XML file and wait on the desktop.
Go to ‘upload return’ on the earnings tax site (incometaxindiaefiling.gov.in) and upload the saved XML file.
In case you have a digital signature, choose’ ˜Yes’ otherwise, select ‘No’.
On submission the XML file of the income tax return, the recommendation form, ITR Verification (ITR-V) will be generated which will immediately be received in your registered email or the very same can be downloaded by you.
Take a printout of the form ITR-V (acknowledgment form) and sign it in blue ink.
Send out the form by regular or speed post to the Income-Tax Department for e verification-CPC, Post Bag №1, Electronic City Post Office, Bangalore, 560 100, Karnataka within 120 days of filing your returns online (Or e confirmation can also be done through online through electronic confirmation code or Aadhaar-linked one-time password, within 120 days of e-filing the return as discussed on website).

List of Documents required for online Income Tax Return Filing
The list of documents required for filing ITR are offered listed below:
General information:
Savings account information
PAN Number
For wage earnings:
Rent receipts for claiming HRA
Form 16
Wage slips
For House Property income:
Address of your house home
Information of the co-owners (including their share in the home) and PAN information
Certificate for home mortgage interest
Date when the building and construction was finished, in a case under construction home was acquired
In case the residential or commercial property is rented, Name of the renter and the rental earnings
For capital gains:
The stock trading statement with information on the purchase, if there are capital gains from selling the shares
In case a house or property is offered, information of list price, purchase rate, registration, and capital gain is required.
Shared fund statement, debt funds, sale and purchase of equity funds, ELSS and SIPS.
For other earnings:
Savings account declarations are required.
In case of interest accumulated in a savings account, A deduction for up to Rs.10,000 is permitted on interest made on cost savings accounts.
Interest income from tax conserving bonds and corporate bonds.
The information of earnings earned from post office deposit.

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