How You Should File Individual Tax Return Online?

Income Tax return is a mandatory process and its failure can lead to legal consequences. Nowadays, filing income tax return has become quite easy as individuals can themselves file for income tax return online without any help from anyone by following simple guidelines. Hence, you can easily file individual tax return online by following the procedures mentioned below:

Steps for uploading ITR

1. The ITR preparation software first needs to be downloaded from the download page of the income tax payment site by an individual for the particular assessment year in which you are filing your income tax return.
2. You can then prepare the return by following the steps of the downloaded software.
3. Before going for the actual filing process, you should accumulate the necessary information related to your income, deduction of tax payments etc.
4. You then need to click on the pre-fill button and see to the fact that all the necessary details have been furnished.
5. After all the required data is furnished, you should click on the calculate option and find out the total amount of return.
6. Next, you should generate and save the data of the income tax return in XML format.
7. Next, you should log in to the e-filing website with your user id which is your PAN, password, date of birth, date of incorporation etc.
8. Next, you should click on the e-file and select the upload return option.
9. The correct ITR, assessment year, and the saved XML file should be chosen.
10. Next, your digital signature certificated should be uploaded if necessary and the submit button should be clicked on.
11. If your submission is successful, there will be a display of ITR-V. Once you download the ITR-V, it will be sent to the registered mail id. If the digital signature certificate is uploaded, then the income tax return filing will be completed, and this is how you can file individual tax return online.

File Individual Tax Return Online

Preparation and submission of ITR online

For individual file tax return, the following steps are to be considered further: -

1. With your user id, password, date of birth and date of incorporation you have to log in to the income tax filling website.
2. Next, you need to direct yourself to the e-file option and select on the “Prepare and submit ITR online “option.
3. You need to do the following selections- Income tax return form ITR 1, ITR 4S, and he particular Assessment Year.
4. After all the necessary details have been provided and the required documents are furnished, once you click the submit button, your work is almost done.
5. If you upload the digital signature certificate, if you have one and is applicable in your case, it will be quite easier to track the status of your income tax return. But you should make it clear that the digital signature certificate is properly registered to the e-filing site.
6. The submit button should finally be selected.
7. If your submission is successful, the ITR-V will be displayed on the computer. Then you can download the ITR-V. The ITR-V will be sent to your registered email id. If the ITR is uploaded along with the digital signature certificate, then your filing process is 100 % complete.
8. If the digital signature certificate is not uploaded along with ITR-V, the process might not be completed yet. In such a case the ITR-V should be again downloaded and sent to the processing center in Bengaluru within 4 months from the date of your income tax filing. Your request will only be processed only when the processing center receives the receipt of the ITR-V duly signed.

Thus, individual file tax return online is not at all difficult as by following such simple steps you can easily do entire process yourself.

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