Assessee who are required to file income tax return online must e-file their return. Otherwise it is your choice to file income tax return online or offline. In previous article we have given detail guidelines about how to file income tax return online, offline or TRP schemes. You can file income tax return online for A.Y.2019-20 by following only 13 steps and without any professional help.
Table of contents
Must Read: e-Payment of Income Tax
Modes of Filing Income Tax Return for A.Y. 2019-20
The income tax return may be furnished-
- in paper form (alongwith acknowledgment slip)
- electronically under digital signature,
- electronically in the return under electronic verification code, Check here for more detail
- transmitting the data in return electronically followed by a verification of the return in Form ITR-V (in paper form, in duplicate signed manually) Check here for more detail
Mode of Filing Return by Different Assessees
(1) Individuals or HUFs required to gets their accounts audited u/s 44AB are mandatorily required to furnish the return electronically under digital signature only.
(2) An individual or HUF (not required to get his/its accounts audited u/s 44AB),—
- who is an individual of the age of 80 years or more at any time during the previous year, or
- whose income does not exceed Rs. 5 lakhs and no refund is claimed in the return, and who furnishes his return in Form No. ITR-1 (SAHAJ) or No. ITR-4 (SUGAM), may furnish the return in any of the modes specified above.
(3) An individual or HUF not covered in (1) or (2) above may file his/ its return electronically in any of the modes specified in (ii), (iii) or (iv) above.
(4) Firms furnishing their return in Form ITR-5 and required to get their accounts audited u/s 44AB are mandatorily required to furnish the return electronically under digital signature only.
(5) Firms and other persons (not covered above) furnishing their return in Form ITR-5 shall be required to furnish their return electroni-cally in any of the modes specified in (ii), (iii) and (iv) above.
(6) Companies furnishing their return in Form ITR-6 and Political ‘Parties furnishing their return in Form ITR-7, are mandatorily required to furnish the return electronically under digital signature only.
(7) Trusts, etc. [except political parties] required to furnish their return in Form ITR-7 may furnish their return electronically in any of the mocls specified in (ii), (iii) and (iv) above. Trusts required to give a notice of accumulation of income u/s 11(2)(a) shall furnish the same electronically.
(8) An assessee required to furnish an audit report u/s 10(23C)(iv), v), (vi) or (via), 10A, 10AA, 12A(1)(b), 4,4AB, 44DA, 50B, 80-,80-IC 80-ID 80B 80-LA 92E 115JB 115JC or 115VW 80 or to give a notice u/s 11(2)(a), shall furnish the return electronically.
Procedure to File Income Tax Return Online 2019-20
Step 1: Log on to www.incometaxindia.gov.in and click on icon to e-file Income Tax Return or to http://incometaxindiaefiling.gov.in.
Step 2: Select applicable form for your income.
Step 3: Download e-filing utility from the official website of Income Tax Department. We will cover all detail how to use income tax department’s utility to file return later.
Step 4: Enter all the detail information in given form. It must be validated after putting required information. It will generate XML file which you have to save in your computer for upload. Keep all supporting/related document with you while filling the ITR form.
Step 5: Create your account with user ID and password on the website http://www.incometaxindia.gov.in/. It is require to upload your income tax return.
Step 6: Now login with your user ID and password
Step 7: Select Assessment year for which year you want to file the return. After selected it will show your PAN and assessment year selected bu you.
Step 8: You must verify your PAN and assessment year to avoid late refund or other issues.
Step 9: Now select your ITR form no. i.e. ITR-1/ITR-2/ITR-3/ITR-4. See: Which income tax return form to file?
Step 10: Select yes if you have digital signature or no if you have not. (Digital Signature is mandatory for all audit cases and companies).
Step 11: Now click on Browse to select XML file which you have saved in your computer. Now, click to “Upload” button.
Step 12: After completing upload process the pop will be shown to download your acknowledgment receipt in PDF format. The PDF file will be password protected. The password will be your PAN followed by the date of birth in small letters.
Step 13: In case of return is digital signed, on generation of Acknowledgement, the return filing process gets completed. See more about digitally signed income tax return.
Step 14: In case the return is not digitally signed, on successful uploading of e-Return, Form ITR-V would be generated which needs to be printed. This is an acknowledgement cum verification form. You need to sign this form.
It should be mailed to “Income Tax Department – CPC, Post Bag No.1, Electronic City Post Office, Banglore-560100, Karnataka, “BY ORDINARY POST ONLY with in 120 days 30 days after the date of filing income tax return online.
If you miss the 120 days 30 days period then It is deemed by the department that you have not filed your income tax return. So you shall be required to re-submit the income tax return followed by submitting new form ITR-V within 120 days 30 days. It will complete the return filing process.
You can also use the following methods to e-verify income tax return, if you don’t want to send ITR-V.
- e-Verification using e-Filing OTP
- e-Verification using NetBanking login
- e-Verification using Aadhaar OTP validation
If you choose any one from above you are not required to do any further action. You efiling of income tax return process ends here.
Must Read: How to view or download 26AS form
Greetings.
In filling ITR-2 of AY 2019-20, I encountered problem in validating the filled-in page of Schedule-TDS as noted below:
1) Refer TDS-1: I have no Salary Income and NO TDS from Salary. But message appear as ” Please fill relevant details in TDS-1″.
2) Refer TDS-2: I have bank FD, and TDS deducted by bank. So I filled-in as:
Col.(1) – Self, ( from drop down list);
Col.(3) – TAN of Bank;
Col. (9) – TDS Amount; ( As per Form-16A);
Col. (11) – Total Interest Received.
Col. (12) – Income from other sources (from drop down list).
I have No TDS brought forward (b/f) and No TDS from current financial year. Hence Col. (6) and Col. (7) are left blank or entered zero (0).
But message appears ” value in col (9) can not be more than the value in col. (6) or col. (7).
As a result, the page could not be validated successfully.
Please advise, what should I do and how to get rid of the situation.
best regards,
Jayanta Kr. Bhattacharya
how to file rectfication of mistake apparent from records?All documents r ready any specific format. (paid full tax liability but notice received does has omitted entry for tax paid thru challan.
Sir,
My salary is 2.4L p.a.(Within the Slab limit) even though i am filing income tax from last three years.
Below are my questions:
1. how this Income Tax return filing will help me apart from Taking any loans from banks?
2. As my salary(Assume) within the slab if i forget to file any future IT return filing the what are the consequences will take place?
Good information for first time income tax filing persons.
Thank u for sharing such information.
Pls mail to nitin123.karekar @ rediffmail.com if any such information availed or send me the link copy.
श्रीमान जी
कितनी आय तक रिटर्न दाखिल करना अनिवार्य है।
Plwase tell how much time is required to get the e-tax credit appear in 26 AS. without this I am unable to file return
Will you please clarify whether e’filing of tax return , of income of a deceased by his ‘LR’- that is, other than the one who is a “LH’ within its strict legal meaning, has since been made hassle-free, with no problem whatsoever !
Doubt is raised because of the cumbersome procedure laid down by CPC (i.e. for registration of ‘LH’ online, so as to enabling e’filing ); which is known to have created problems. For more, please refer the several Posts on the website of Taxguru, Facebook, etc.
very informative and easy to understand
Part A of Form 26AS of TRACES contains columns for Deductor’s name, TAN of Dedfuctor, Amount paid and Amount deducted as TDS but NO column at all for Unique TDS Certificate number (Form 16/Form 16-A) issuable by the Deductor to the Deductee. But the ITR forms to be filled by taxpayers contain a column for the Unique TDS Certificate number under TDS 1 and TDS 2. There are some employers and financial institutions who make tDS and also remit to the iT depatt. in the respective quarters in any F.Y., but do not care to issue Form 16/Form 16-A to the deductees promptly. Some issue after much persuasion and some others just do not respond.
If a taxpayer, while e-filing, leaves the TDS Certificate column blank because of its non-availability, will such an incomplete return accepted by the IT deptt.?
What is the remedy for this harassment to taxpayers? Why can’t the IT department include a column for the unique TDS Certificate number in Form 26As itself, to eliminate the need for the Deductees to be at the mercy of the Deductors to get the TDS certificate? After all, it is only from the TRACES website a deductor can generate and issue it to the deductee and so IT deptt. can directly show it in Form 26 AS itself to simplify the matters and eliminate the dependence of the deductee on the deductor?
Bank account number of the income tax payer if he is first holder only or even if hef the second holder has to be given on the income tax return form