HOW TO FILE TAX RETURN STEP BY STEP

By
Discountwalas
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162
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HOW TO FILE TAX RETURN STEP BY STEP

Filing a tax return could be a challenge and especially in a country like India, where the population is 1.3 billion. Every Year many get arrested due to not filing the income tax return on time or hiding a hefty amount from the government. Filing a return on time could be beneficial for the applicant and the government. You must know how to file tax return step by step. The government gets their dues on time and the applicant doesn’t have to face any further inquiry or notice. According to the latest budget of 2018, there were several changes made into filing a return. Now a person earning below Rupees 5 lakhs per annum doesn’t need to file any return. An assessed required furnishing a report of audit specified under the law.



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Don’t forget there are some documents also required while filing a tax return so keep them ready. Documents like Bank account details, PAN number, Aadhar Card, the address of the house property, Form 16, Pay Slips etc. are required. Likewise, some other details are required as well if you have any mutual funds like details of mutual fund statement, sale and purchase of equity funds, debt funds etc. Always keep in mind that you should file the correct information because of the government always double check the information provided.

There are two steps of filing a tax return, one is to file by in person and second is to file online. In this age of Internet and Wi-Fi, almost every one of us are very active on social Media platforms. In this age company like PayTM are earning billions of profit only through their mobile app through which a person can pay their TV cable, water, electricity or phone bills. So, now you can file your income tax return through the internet also. Here are some ways:



The first step you have to login to E-filing application, now you have to go to E-file and submit ‘ITR Online’ then you have to select the income tax return form and the assessment year. Fill the details in the form and then click the submit button. After submission, an acknowledgment detail will be displayed.

There is a separate way to file your income tax return in-person also. You can collect the income tax return form from the income Tax office and fill it with attached documents and proofs and then you can post it to the Income Tax Office. Nowadays, many private companies are also giving income tax application forms to their employees whosoever wants to file a return In-Person.



Through these ways, you can file your Tax. And don’t forget that filing a return on time could be beneficial for you and the government both, whereas not filing a return on time could get you in trouble.



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162 COMMENTS

  5. Kindly widen the base of tax paying population by outsourcing.
    Give incentive to the agencies providing data of the people not paying any tax at all to the department.
    Broaden the tax base.Lot of Shopkeepers,electricians,plumbers,road side vendors are earning more than 5000 per day and not filing any returns.Rich farmers must be included.

    Outsource input data.Pay the agency once data is converted into inclusion to the tax base.
    Till now only those are being screened who are paying already.
    Focus on those not paying at all.

  6. What Bimal Roy Narang said is 100% true. Please form such a machinary to collect from the Business and unorganised sectors. Several business persons are not giving correct invoice bills. They give either “Estimation chalans or Delivery chalans”. They are also REFUSING to take credit Cards. This should be stopped. Then you can get correct information.
    Agriculture income beyond certain limits can also be taxed, and there by Rich Agriculturalists can be brought into tax zones.
    pl. do not over load on persons who are already paying. Try to get new persons and compenies into Tax zones. I am paying tax since 1965 for my little pay up to and until I am on my death bed.

    • I do agree with Bimal Roy and Narayanamurthy. We can also include Hindu priests who are doing service in temples as well as in family functions and ceremonies, they are all amassing wealth buying so many flats, houses and lands. There are so many private contractors who offer various services and get paid in cash. There are kirana dhukans, miscellaneous shops who do lot of cash transactions and go unnoticed. There are so many service providers who take service charges in cash without authoriised receipts. The government shoul start various agency networks to monitor all these defaulters. Agriculturalists who own vast lands and pay the poor farmers meager amount and get maximum income and hide their income. Farmer definition has to change. Only those who work in the field and those who own reasonable agricultural land have to be considered as farmers and not all mirasdars.

  7. ok; theoretically fine; but give us some at least hypothetical example about filing returns online for the year 2017-18;

    • It is true that the accountable law abiding honest tax payers are kept under scan by IT authorities with levying surcharges under various categories for the higher income tax payers.Unfortunate that millions tax evading citizens are touched occasionally as the tip of an ice berg.
      The central board of direct taxes and the central government should bring out sea changes to bring every income in to tax net
      may be around 1 percent of income of every citizen and abolish the present syatem of IT.And make stringent laws for taking care of tax evaders.
      Or else it is only the honest tax abiding citizen kept under pressure whereas the billioneers try to avoid tax payments under the guise of so many lawful exemptions permitted and majority of the citizen go untouched by IT rules and regulations.
      After all the country has to be administered by the moneys received through taxes paid by the citizen of the country.

  9. I want to file my return bt i cant understand which attachment they want when we subscribe to file return before submitt button

    • Kindly contact me on my cell no- 9969361014 to write the account as well as providing B/S by filing your personal return online.

  15. Now a person earning below Rupees 5 lakhs per annum doesn’t need to file any return. It is showing in your artical .is it true? Please confirm?

  16. I am defence pensioner, I have been told to submit IT Return alongwith​ form 10E and it’s annexures, for reimbursement of TDS.

    How to fill annexures to form 10E?

    I got comprehensive (ad-hoc) amount from the year 2006 to 2016, on which TDS affected.

  17. I paid tax 2015-16: but I fill wrong . that’s why income tax officer send a demand notice pay 1320rs.but I send correct state ment.but they again send demand notice.give me answer

  19. One should be more vigilant about the filing of on line income tax return . it is a mechanical
    as well as technical nature of work as one has to do the same thing again and again.

    once, one is gain over the knowledge of it , nobody can stop and the person will be excel in
    this field which is both beneficial for the Assesses as well as for the Govt.

    Thanks & Regards,

    K.K.Abrol

  20. आप क्या कहना चाह रहे हो मुझे कुछ समझ नहीं आया मुझे समझाने की कृपा करें मेरा किस चीज का टैक्स रिटर्न होना है मेरे पास तो ऐसा कुछ भी नहीं है जिससे मैं क्या आपने मुझे मेल किस वजह से किया है 98187 90257 यह मेरा नंबर है WhatsApp नंबर है प्लीज मुझे समझाएं कि किस वजह से टेक्स्ट करता है क्या मैटर है इसका

  33. Dear sir , please tell me how to check my IT returns in online on which website…… I have already received my IT returns…

  34. How to know my it return password as one accoundant filed previous but every time , he is not caring and delaying to file return.

    • No fee to fill up IT ,it’s very easy go to e-filling on Google, registered your self using your PAN and date of birth,then go to return file and add only your taxable income and fill up as per 16E given by your employer.

  38. जब आय का श्रोत ही न हो या आय का प्रूफ ही न हो तो फाईल कैसे सबमिट करें ?

  39. If a person below 5 lakhs income wants to get refund of TDS deducted by Bank then can he file tax returns by hand personnely? I m 70 years old & I cant file online returns. My children are away. Pl clarify.

  41. According to the new 2017 budget, any one who has income under Rs.5 lacs doesn’t need to file a return for the Ass yr. 2017 -2018 or 2018-2019? Kindly clarify. Also what kind of audit report is required and shall be obtainted from whom?

    Rgds

    • no audit report is required to file a return of an individual whose total income does not exceed 1 crore in case of business and 50 lakhs in case of professionals

  42. Senior citizen age 87 army retired DPDO deducted tax at source on total income (pension) 6 lakh including arrears. he has never filed IT return earlier. Now he has to file IT return, Is it necessary to file return to get refund? Is it not possible to refund his deducted amount. It happened due to PM/FM pressure on IT department. DPDO has deducted unnecessary. What is now solution for 87 year old Army pensioner due to DPDO mistake.

  43. If any body have income by other sources say 100000 by home tutions and 50000 by interest (FD etc.) then how he can file the return.

  47. Sir
    I would like to show my income for separate assesment year as received in arrears for different year.
    Please inform procedure with examples.

  48. Hello….. I don’t know about all this I wanted to what is the IT n o to want to file it…. but I’m not a land lord, so can u plz help me out of this…..
    Thank you…..have a wonderful day

  49. Sir/Madam,

    Myself is Udaya kumar, in this FY >25000 extra Tax deducted due non considering of my savings , please suggest me.

  50. I don’t have any service
    I have my own business but not working fluently. I am surviving on edge. Even then i have to fill tax return ?
    My yearly income is less then 200000/-
    Please suggest !

  52. Sir/Mam,
    My friend has an outstanding income tax demand of Rs.6170 for the A.Y. 2013-14. My question is that how long the tax dept. may send notice to him for the same?

    • Arrears for ten years TDS is as shown by you. Provided you are able to show that in each year your gross income is not taxable then you can seek a refund. 149 (1) provides exemption provided your income each year had never crossed the limit. Tax notice has to be honoured witha prompt reply if you sre lacking response for more than four years you may even be summoned to ITO

  53. good information.i employed in a private management college.where there is not disbursed the salaries every month.nor deposited EPF in time.since 15months we are waiting for it.so how we regularised ITR.and other things

  56. I wanna file my income tax returns as my annual salary exceeds 2.5 lakh ?? Let me know necessary details ???? Kindly help me

  59. I m a retired bank employee my income through pension ,Interest on FD,sb, more than 250000 but less than 500000.
    1 Do I need to file IT Return if yes form number .my investments Mutual funds ,Health insurance premium.
    2 After exemption income is less than 300000(applicable limit ).
    3 IT Return for A.Y2015-16,2016-17 filed through agent online . Assessment order received .
    4 IT Return for A.Y17-18 want to file online myself .
    Please GUIDE with NAVIGATION . Registration with ITD DONE .
    Thanks and regards ,
    Ramesh rao,
    09619741976,09397632139

  60. Hi, Past 9 Years I have been working in abroad and paying taxes in current residing country. am I still required to file returns in India also as my family stays in India and wife has no income to file tax returns. Please clarify.

  61. If anybody wants to write the accounts by preparing Balance sheet and file the return in Chennai, kindly call me on my mobile no. 98425 15360.

  63. I am Aided High School Employee want to know the methods involved in E filing detail. Can Aided High School Teachers file TDS and E return by his own without the School TAN?

  72. Looking for someone near powai for filing itreturns.Am sr citizen n income below min reqd by IT but told i hv to file.Hv not filed last yr so wld like 2 file for 2 yrs-last n this yr.

    • Sir, if your income is not taxable or you have not to take refund of any TDS, there is noneed to file Income Tax Return.

  73. I am doing all income tax filling for low cost Rs.500/- per year for salary employees,Please call me any time : 9952021334 and 8939689713 my mail id : venkatvnc2010@gmail.com.
    I am willing to file Bulk income tax returns for company staff also.Please give me call or mail.

  74. I am doing all income tax returns with low cost Rs.500/- per year for salary employees,Please call me any time : 9952021334 and 8939689713 my mail id : venkatvnc2010@gmail.com.jsut we need your form 16 and PAN number,DOB,Bank account number and ifsc code.

    I am willing to file Bulk income tax returns for company staff also.Please give me call or mail.

  80. I am working as Tax Consultant in Assam. So I can assist you in your filling of Income tax Return or any other queries in this regard. Thank You.

  82. Sir.
    IAM a retired person from BSNL my earnings is only my pension. So far not crossing Three lakhs.
    Last year I submitted a letter to the IT. DEPT. Stating that when I am crossing the my limit, I’ll surely submit the Returns. In due course why u people tourching me. Only this year I have to submit my returns. that to in the month of June or July. I consulted the IT office. IAM aged 69.
    If u want any further information or to guide. PL contact my mobile. 9080246625. Or let me know your phone number , I’ll contact u.
    Thanking you.

  86. आपका मैं हर आर्टिकल पढ़ती हूं आप आर्टिकल बहुत अच्छा होता है प्लीज मुझे बताएं कोई ऐसा मोबाइल जो फोटो को ब्लर करता हूं

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