The deadline for filing Income Tax returns (ITR filing) for assessment year 2019-20 (financial year 2018-19) is 31 August 2019. Individuals who are required to file income tax returns can do so by following the steps given below.
Earlier, the 31 July deadline for filing ITR was extended by a month to 31 August after a notification from the IT Department.
How To Upload ITR
- Download the ITR preparation software for the relevant assessment year to your PC / Laptop from the "Downloads" page of the Income Tax website.
- Gather all the information regarding your income, tax payments, deductions etc.
- Enter your personal details and tax payments/TDS by clicking on the 'Pre-fill' button.
- Enter all data and click on 'Calculate' to compute the tax and interest liability and final figure of Refund or Tax payable.
- If tax is payable remember to pay immediately and enter the details in appropriate schedule. Repeat above step so that tax payable becomes zero.
- Generate and save the Income Tax Return data in XML format.
How To Prepare and Submit ITR Online
- Login to e-Filing website with User ID, Password, Date of Birth /Date of Incorporation and Captcha.
- Go to e-File and click on "Prepare and Submit ITR Online". Only ITRs 1 and 4S can be filled online.
- Select the Income Tax Return Form ITR 1/ITR 4S and the Assessment Year.
- Fill in the details and click on the "Submit" button.
- Upload Digital Signature Certificate (DSC), if applicable. Make sure the DSC is registered with e-Filing.
- Click on "Submit" button.
- On successful submission, ITR-V would be displayed (if DSC is not used).
- Click on the link and download the ITR-V.
- ITR-V will also be sent to the registered email. If ITR is uploaded with DSC, the Return Filing process is complete.
- In case the return is not uploaded with DSC, the ITR-V Form should be printed, signed and submitted to CPC within 120 days from the date of e-Filing. The return will be processed only upon receipt of signed ITR-V.
Category-wise ITR Forms
ITR-1 SAHAJ
Residents not ordinarily resident (RNOR) having income from salaries, one house property, other sources (Interest etc) and having total income upto Rs 50 lakh cannot file returns using ITR -1
ITR-2
For Individuals and HUFs not having income from profits and gains of business or profession.
ITR-3
For individuals and HUFs having income from profits and gains of business or profession.
ITR-4 Sugam
For presumptive income from business & profession.
ITR-5
For persons other than- (i) individual, (ii) HUF, (iii) company and (iv) person filing Form ITR-7
ITR-6
For companies other than companies claiming exemption under section 11.
ITR-7
For persons including companies required to furnish return under sections 139(4A) or 139(4B) or 139(4C) or 139(4D) or 139(4E) or 139(4F).
Acknowledgement
Total prepaid taxes (B8 + B9 + B10+ B11), tax payable (B7-B12, If B7>B12 (A5), date of birth (DD/MM/YYYY (A8), name of premises/building/ village(A14).
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