ITR Filing Process 2024: The deadline to file Income Tax Return (ITR) for the financial year 2023-24 and assessment year 2024-25 is July 31, 2024. Most of the employed people are collecting Form 16 from their company or employer to file ITR
ITR Filing Process 2024: The deadline to file Income Tax Return (ITR) for the financial year 2023-24 and assessment year 2024-25 is July 31, 2024. Most of the employed people are collecting Form 16 from their company or employer to file ITR. The Income Tax Department has released the forms for income tax.
If you also want to submit your income tax return online, then you can submit it online in a few minutes. Here we are telling you the step by step method to file ITR online, through which ITR will be submitted in a few minutes.
How to file income tax return online?
To file ITR online, first you have to visit the official website of Income Tax. You have to visit the Income Tax website https://www.incometax.gov.in/iec/foportal/.
Step 1: Open the Income Tax e-filing website https://www.incometax.gov.in/iec/foportal/ and login by entering your PAN number and password.
Step 2: After this, you have to click on File Income Tax Return.
Step 3: In the next step, you have to choose the assessment year. If you are filing ITR for the financial year 2023-24, then you have to choose Assessment Year (AY) 2024-25.
Step 4: After this, you have to tell who you are. That is, you will get Individual, HUF and other options. You can click on ‘Individual’ for your ITR.
Step 5: After this, you have to choose the type of ITR. There are 7 types of ITR in India. ITR forms 1 to 4 are for Individual and HUF.
Step 6: In the next step, you have to choose the type of ITR and the reason. Here you have to choose options like taxable income more than basic exemption, fulfilling specific criteria. Here you have to click on the checkbox given below.
Step 7: Update the pre-field information. Here you have to validate PAN, Aadhaar, name, date of birth, contact information and bank details. Here you have to give details of income, tax and exemption deduction. After this you have to confirm to file your return. After giving the details, if any tax remains, then it has to be paid.
These documents will be required to file ITR online
- PAN and Aadhaar card
- Bank statement
- Form 16
- Donation slip
- Certificate or receipt of investment, insurance policy payment receipt and home loan payment.
- Interest certificate
