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:

TAX RETURN spelt with wooden letter Scrabble tiles

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

Digital Signature Certificate

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.

*****

Disclaimer: The contents of this article are for information purposes only and does not constitute advice or a legal opinion and are personal views of the author. It is based upon relevant law and/or facts available at that point of time and prepared with due accuracy & reliability. Readers are requested to check and refer to relevant provisions of statute, latest judicial pronouncements, circulars, clarifications etc before acting on the basis of the above write up. The possibility of other views on the subject matter cannot be ruled out. By the use of the said information, you agree that Author / TaxGuru is not responsible or liable in any manner for the authenticity, accuracy, completeness, errors or any kind of omissions in this piece of information for any action taken thereof. This is not any kind of advertisement or solicitation of work by a professional.

(Republished with Amendments by Team Taxguru)

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7 Comments

  1. R K BHUWALKA says:

    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?

    1. ASHOK KUMAR B says:

      Have you calculated Tax by clicking on the extreme right side after verifying. Then you must SAVE by clicking Save in the Right Side Box Then you open IT website to submit return There you will find option to Chose a file If you have saved properly in XML file it will come up Click on Submit In seconds it will get submitted Keep trying You will succeed

  2. Krishna Lokapur says:

    I have both salary Income & other income of outside Accounting fees as well as LIC Commission income. So, which return I have to choose

  3. RAKESH KUMAR JAIN says:

    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

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