Procedure For E-filling of Income Tax Return By Palak Aggarwal

As per Section 139(1) of Income Tax Act 1961, if the income of any person being an Individual, HUF, AOP or BOI exceeds the maximum amount not chargeable to tax without giving the effect of section 10A/10B or chapter VI A then he/she shall be required to file income tax return within the time specified.

For the AY 2013-14, the last dates for filling income tax return are as follows:-
Assesses whose accounts are required to be audited-30th Sept, 2013
Other Assesses- 31st July, 2013
Company required to furnish report u/s.92E- 30th Nov, 2013

 

However Belated returns can be filed upto 31st March 2014 in case of other Assesses.

Income Tax e-filling can be done through the website of Income Tax Department.

(https://incometaxindiaefiling.gov.in/)

Through this article I am sharing with you the procedure to E-File your income tax return using excel utility in just 10 simple steps.

Here are those steps:-

1. Register on e-filling website (https://incometaxindiaefiling.gov.in/) using your PAN.PAN will be your user-id which will be used in future to check the filling status of your return.

2. Login to website and click on downloads section.Select the form for your type of income and download the excel utility form.

3. After having downloaded the excel utility, fill the required particulars in the excel utility and cross check the same with form 26AS/16/16A.

4. After filling the form click on ‘Calculate Tax’ Tab.It will calculate your tax automatically. Deposit yur due tax with the department and fill all the payment details in the excel utility.

5. Check your form by clicking Validate Button. After doing all this generate XML file for the purpose of e-filling.

6. After having generated XML file submit your return with the department.Select the ‘Submit return’ from the relevant options on left panel of the website.

7. Browse to select XML file and uplaod the same.

8. After uploading Acknowledgement (ITR-V) will be genearated. It will also be sent to your e-mail id.

9. In case you are using Digital signatures the process is completed.

In other case, take the print out of ITR-V which should be signed by the tax payer.Send this acknowledgement within 120 days by ordinary post or speed post only to Income Tax Department, Post Bag No.1, Electronic city Post office-Bangaluru-560100.

10. Income Tax Department will send Acknowledgement within 15 days to your e-mail id.