How to E-file Income Tax Returns ( ITR )? – Income Tax E-filing Guide
Step 1: E-filing ITR – Start
Before starting, you must have the following document to speed up the process:
- Bank Account Details
- Form 16
- Investment Details
Step 2: Enter your Personal Information
- Enter Your Name,
- Date of Birth, and
- Father’s Name.
Step 3: Enter your Salary Details
1) Fill in Your Company Name and Type.
2) Give your salary and TDS information. To enter your salary details in detail, ‘Click here’.
Step 4: Enter Details to Claim Reduction
Enter investment details for the deductions to be claimed (Eg. LIC, PPF, etc., and other tax allowance claims here.
Step 5: Enter the Details of Taxes Paid
If you have any non-salary income, say, interest income or freelance income, then add tax payments that are already made. You can also add these details by uploading Form 26AS.
Step 6: E-File
Enter your bank account details and proceed to e-filing.
Step 7: E-Verification
If you miss the due date to submit a refund, you can still apply before 31 December 2018 by paying a fee of Rs 5,000. If you submit after 31 December 2018, you must pay a fee of Rs 10,000. Also to note that the deadline for submitting late returns for 2017-18 FY ends on 31 March 2019.