Step-By-Step Guide on How to File Income Tax Return
As 31st July is just a few days away. It is high time to file your Income Tax Return now. Here is a step by step guide on How to File Income Tax Return. Read on and file your ITR in an easy and quick manner. Let's do step-by-step: 1. If you are a first-time return filer, register yourself on the income tax department’s official E-filing portal:- http://www.incometaxindiaefiling.gov.in/ Your permanent account number (PAN) will act as your user ID. 2. Keep key documents handy, including the Form 16, Form 26AS (tax credit statement), bank statements, copy of returns filed last year, capital gains statement from mutual funds and brokers. 3. Go to ‘Downloads’ tab to download the ITR preparation software (JAVA or Excel utility) for the relevant assessment year. Or, You can skip this steps by clicking on the following link: http://www.incometaxindiaefiling.gov.in/downloads/offlineUtilities?lang=eng 4. If tax is due, make the payment immediately and enter the...