Updated on June 09, 2025 06:06:29 PM
Any persons who have total income during the previous year more than the specified limit of tax exemption have to file ITR or income tax returns as per Section 139 (1) of India. E-filing is a procedure through which an individual submits his or her income tax return through the Internet.
For those willing to seek professional help or prefer doing it themselves taxpayers can register on the income tax departments or any other related websites. Whereas the e-filing of income tax returns is on July 31 of every year, the government may allow for an extension of 15- 30 days to file the forms either online or through physical submission.
The new Government of India has made it compulsory for the assesses to file their income tax returns electronically. The method is far more efficient as compared to the earlier method of filing papers.
The following are the advantages that are associated with, ITR filing or income taxes electronically-
One should always be ready before doing his/her income taxes, whether online or physically. Below is a checklist that should help you in case you intend to e-file the income tax returns as discussed below.
Filing Only with Aadhaar: That will enable you to file your income tax return in cases where you do not hold a Permanent Account Number. Moreover, while applying for a new PAN card you need an Aadhaar Card with you all the time.
New IT rules state that taxpayers, who furnish their returns through an Aadhaar card, shall be issued a PAN after demographic details are obtained from UIDAI.
This new rule was introduced by the Government of India in an attempt to enhance tax compliance while at the same time enabling easy tax payment. For instance, the use of PAN is mandatory for any taxpayer when filing his or her taxes. However, the PAN and Aadhaar must be connected to complete your filings when you are filing your taxes.
Follow the procedures below to check the Status of the income tax e-filing using the acknowledgment number:
In case, you don’t file your ITR before the due date, there is a penalty which is levied by the Central Board of Direct Taxes (CBDT). The e-filing up to the date of appearance before the appellate authority can be done and for the delay in e-filing the maximum fine is Rs 10000/- can be imposed and is to be levied as per Section 234F.
The following is the step-by-step process for filing ITR online:
This is the first step while undertaking e-filing of the income tax where an individual computes the income and the amount of tax in relation to the tax laws.
Calculation of income tax should be carried out by taking into consideration income from all sources hence should be calculated after the rightful deductions have been allowed.
The next vital process involved in this context is to summarize the TDS amount from the TDS certificates said above. It is important to understand that within Form 26AS there is a provision to make a computation of the summary of TDS and tax paid within a specific financial year.
In the third step, which a shareholder has to complete before filing the returns, he or she has to choose the appropriate ITR Form. A taxpayer, therefore, has the option of submitting the income tax returns online or offline. For online ITR filing, only two forms will be to ITR 1 and ITR 4, forms are available.
All the other income tax forms will have to be filed offline by downloading XML and uploading on the portal.
Go to the official Income Tax website by typing www. incometax.gov.in and click on the ‘Downloads’ section. Hence, choose the assessment year for downloading the offline utility software.
Once you have downloaded the offline utility, there is always a need to fill in some information that is necessitated such as your income, the tax payable, and the refund amount, among others.
Upon completing the form, there is an option labeled ‘Validate’ lastly, which will check all the details that the client has inputted.
After validation, select the Generate XML option of the file to convert it into an XML file format.
This e-filing of income tax returns is through the official income tax e-filing portal. After the above steps, click the e-file option and then click on Income Tax Return.Here, it is necessary to fill in basic details such as PAN Card details, ITR Form number, assessment year, and submission mode.
Then, the respective XML file from your computer needs to be attached and then click Submit.Last choose one for the verification mode - Electronic verification code (EVC), Aadhaar OTP, or sending the manually signed copy of ITR-V to CPC.
Conclusion
Filing of income tax returns electronically is a method that has been adopted by many taxpayers to enable them to submit their tax data to the government. It includes computation of income tax, collection of supporting documents including TDS certificates and form 26AS, choosing the right ITR form, downloading the ITR utility, completion of the ITR form, verification of entered information, conversion of XML, and uploading to the official income tax e-filing website.
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e-filing is a procedure of filing income tax returns on Internet. Every person who earns the total income beyond the tax exemption limit has to file the Income Tax Returns in terms of Section 139 (1) of the income tax laws of India.
All individuals who earn a total income of fifty thousand rupees and over in the previous year or those other individuals who are required under the Income-tax Acts to file the return for that year are to file ITR.
The deadline for e-filing Income tax returns is the 31st of July of the particular year. Depending on the circumstances it is possible for the government to extend this period between 15 to 30 days.
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