Friday, 22 January 2016
How to File ITR Online 2016
Now the Steps for filling online:
Step 1: Open the Income Tax website and go to download menu then download the Income Tax Return (ITR) form as per your need.
Step 2:- Open the downloaded excel format of ITR and complete the form by filling all the details.
Step 3 :- Confirm all the information in the worksheet by clicking the ‘Validate’ tab & cross check the same from FORM 16/16A and Form 26As.
Step 4:- Pay tax (if applicable) and enter the challan details in the tax return. Tax can be paid online through site https://onlineservices.tin.egov-nsdl.com/etaxnew/tdsnontds.jsp using Challan 280.
Step 5:- Proceed to generate an XML file and save XML in the computer.
Step 6:- Log on to the Income Tax Department’s portal for filing taxes online using your Permanent Account Number (PAN), which will act as your user ID
Step 7:- Go to ‘Upload Return’ on the portal and upload the saved XML file after selecting ‘AY 2015-2016 ‘ and the related form. You can use Digital Sign or EVC as mode of verification. If you didn’t use digital signature, you can use Electronic Verification Code (EVC) system as an alternate mode of verification rather than sending by post the manually signed ITR-V (acknowledgment) to CPC Bangalore.
EVC, a ten digit alpha-numeric code, to be provided using any of the 4 methods
a) Internet Banking,
b) AADHAR Authentication,
c) Bank ATM Card and
d) Combination of Registered Email and Mobile Number (where income is below Rs 5 lakh)