How to file income tax return online

Income tax filling online is very simple, if you can try it, definitely you file your income tax return online with the help of some tip provide below. Many people don’t try to file online due to mistake and penalty but it is not good. If we try and do correctly as per our data provided by the employer i.e FORM 16B then it will be very easy.

Let’s try it today, by following some steps provide below -

First you login in Income tax

Click here for official website of Income Tax department 

Provide your USERNAME and PASSWORD

By default your USERNAME is your PANCARD

Step 1.

Then go to “ Filling of Income Tax Return”

Or

e-File → Income Tax Return

Step 2 -

 PAN – already filled

Assessment year – 2018-19

ITR Form Name – ITR-1

Submission mode – Prepare and submit Online

Check on  - AADHAR OTP

Continue

Step 3 -

 Go to – Part A General Information

Select - employee category

Other details all ready filled

Step 4 –

 Then – Computation of Income Tax

In this section, you should filled as per your form 16B received from your employer.

Here you find following details and filled in this section –

B1. (i) Salary –

       (iii) Value of Perquisite – ( If any otherwise left it)

       (v) Deduction u/s 16 – (Professional tax )

B2. Type of House Property – if you avail, otherwise left it

B3. Income from other Source – ( Here you filled interest of FDR & other income, if no then left it)

Part C Section

80C – Total Of Insurance + PPF + Sukanya etc

80CCD(1) – NPS contribution of Self (i.e Employee)

80CCD(2) - NPS contribution by your company (i.e Employer)

Note – If you provide both the above details separately then you will be eligible for saving 1,50,000+50,000 i.e max 2,00,000/- . If you don’t provide 80CCD(1) & 80CCD(2) separately then you will be eligible for only Rs 1,50,000/-

80TTA – If you mention saving bank interest as other income then here you save upto Rs. 10,000/- other wise left it blank

Now you can see your calculation of tax under Part D – COMPUTATION OF TAX PAYABLE

Step 5 –

 Go – Tax Details.

In this section you can see the total tax deducted as on 31th March.

Step 6 –

 Go – Tax Paid And Verification

Here you can see Amount payable/Refunded,

In Part E, You have to mention your account number & IFS Code and write SELF in filled my capacity as

Step 7 –

 Go – 80G

 if you have made any donation then provide details about your donation during the financial year otherwise left it  

At Last click on

Preview & Submit.

Again Submit and verify with AADHAAR OTP

BEST OF LUCK