As we all aware that, the return filing season has been started for AY 2020-21. Many people got confused at the time of filing their return online on E-filing portal. Hence today I am writing this article which will cover the in-depth procedure of E-filing of Income tax Return.
Stepwise Procedure of the E-filing of Income Tax Return:
| Steps | Particulars |
| Step 1 | Go to the Income Tax e-Filing portal, www.incometaxindiaefiling.gov.in |
| Step 2 | Login to e-Filing portal by entering user ID (PAN), Password, Captcha code and click ‘Login’. |
| Step 3 | Click on the ‘e-File’ menu and click ‘Income Tax Return’ link. |
| Step 4 | On Income Tax Return Page: • PAN will be auto – populated • Select ‘Assessment Year’ • Select ‘ITR Form Number’ • Select ‘Filing Type’ as ‘Original/Revised Return’ • Select ‘Submission Mode’ as ‘Prepare and Submit Online’ |
| Step 5 | Click on ‘Continue’ |
| Step 6 | Read the Instructions carefully and Fill all the applicable and mandatory fields of the Online ITR Form. Note: To avoid loss of data/rework due session time out, Click on ‘Save Draft’ button periodically to save the entered ITR details as a draft. The saved draft will be available for 30 days from the date of saving or till the date of filing the return or till there is no change in the XML schema of the notified ITR (Whichever is earlier). |
| Step 7 | Choose the appropriate Verification option in the ‘Taxes Paid and Verification’ tab. Choose any one of the following option to verify the Income Tax Return:• I would like to e-Verify• I would like to e-Verify later within 120 days from date of filing.• I don’t want to e-Verify and would like to send signed ITR-V through normal or speed post to “Centralized Processing Center, Income Tax Department, Bengaluru – 560 500” within 120 days from date of filing. |
| Step 8 | Click ‘Preview and Submit’ button, Verify all the data entered in the ITR |
| Step 9 | ‘Submit’ the ITR. |
| Step 10 | On Choosing ‘I would like to e-Verify’ option, e-Verification can be done through any of the following methods by entering the EVC/OTP when asked for. • EVC generated through bank ATM or Generate EVC option under My Account • Aadhaar OTP • Prevalidated Bank Account • Prevalidated Demat Account |
| Note: | On Choosing the other two verification options, the ITR will be submitted but the process of filing the ITRs is not complete until it is verified. The submitted ITR should be e-Verified later by using ‘My Account ⇒ e-Verify Return’ option or the signed ITR-V should be sent to CPC, Bengaluru. |
| Step 11 | The EVC/OTP should be entered within 60 seconds else, the Income Tax Return (ITR) will be auto-submitted. The submitted ITR should be verified later by using ‘My Account ⇒ e-Verify Return’ option or by sending signed ITR-V to CPC. |
I hope the above process will give you clarity about the procedure. So lets gear up and file your return within due date.
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(Republished with Amendments by Team Taxguru)
In your article ‘How to e-file Income Tax Return – Stepwise Guide’ I am facing the following problem. Please let me have solution to overcome the problem.
In submission Mode, ‘Prepare & Submit online’ option is not available. The only option available is ‘Upload XML’. Please enlighten me how to file my return?
interest in home loan is shown in which part of ITR 2
which is one form i need fill, bcoz i working company in hourly basis and they fillform 16a, so i need fill ITR V or ITR 1
i have LIC COMMISSION INCOME SO WHICH ITR FORM IS RIQUIRE TO BE DOWNLOD FROM WEB SITE
I have both salary Income & other income of outside Accounting fees as well as LIC Commission income. So, which return I have to choose
You must follow the instruction given in HELP.TXT downloaded with EXCEL form. Can use speed post to send ITR-V to CPC. Best wishes, RAKESH