Step by step guide with sufficient image for e-filing of Income Tax Return. E-filing for tax return is very easy those who are net savvy. It is also easy for those who use facebook or other social media frequently.
TRY TO FILL UP FORM AFTER READING FULL INFORMATION. DON’T BE AFRAID, IF YOU DO ANY MISTAKE WHILE SUBMITTING FIRST TIME, THERE IS SCOPE TO SUBMIT REVISED EFILE .
GENERATE FORM 16 LINK http://biswa.net/form-16.html
WARNING 1 : Without Verification E-filing is incomplete. There are various process of verification (given at bottom).
WARNING 2 : While filling file “B1. Income from salary / Pension (Ensure to fill such TDS1)” is not your gross income. Details given below.
Information or Documents required before e filing for maximum service person (Teacher / Gov employee)
1. PAN CARD (PAN NO)
2. email (already has)
3. Mobile phone (for phone verification or password recovery)
4. IFSC Code & Account numbers (All banks on which you have accounts)
5. Gross Salary of Financial year 2015-2016
6. Total P Tax of Financial year 2015-2016
7. Total Income Tax Paid in Financial year 2015-2016 (if any).
8. If you live on rented house Calculate House rent exempt before starting e-filing (House rent exempt calculator link http://biswa.net/house-rent-exemption-calculator.html
9. Sum of all savings under 80C (PF, PPF, LIC, PLI, GIS, HBL Principal, Child education fees, Mutual Funds etc)
10. Medicliam under 80D
11. HBL (House Building Loan) interest under 80E
11. If give donation to register organisation (under 80G) then PAN of DONEE (organisation) is required (must).
Open the link http://incometaxindiaefiling.gov.in/
STEP II. (A) If you have no account in on clicking “New to efiling? Register Yourself”. Select User Type as “Individual” then proceed and complete registration form with your personal data.
(B) After registration or if you already registered Log in with User ID & Password, Date of Birth & fill up Capcha . In this case User ID is your PAN number (Capital Letter).
(C) You forgot your Password then click on the link forgot password in login form and set new password.
STEP III. After login Click “Quick e-file ITR “from Quick Link. After that
Select ITR Form Name => ITR 1
Assessment Year => 2016-2017
Prefill address with => For first time choose From PAN DATABASE or New Address other wise From Previous return filed.
Want Digitally Signed => NO
STEP IV. After that a instruction page will appear only you have to read. Click on arrow => for next page.
STEP V. After that personal information page will appear. Put /edit /select your personal information.
USE FREQUENTLY SAVE DRAFT TO SAVE THE PART YOU ALREADY FILLED. In case internet failure or website failure Save Draft will save your work. (The fields which select from drop down menu will not be saved, in case failure you have to select again.)
Fill up of Red star indicated fields are mandatory. We discuss some fields.
A19. Employee category => Government.
A20. Tax Status => Tax Refundable /Tax Payable /Nil Tax Balance select which is applicable for you.
A21. Residential Status => RES-Residential
A22. => On before due Date (Since you field before due date).
second Part, Whether originally or revised return => for first time chose “Original” / other wise for some mistake if you Submit second time chose “Revised”
A23. => No
Fill other fields which ever is applicable for you.
Save Draft and to go next page click on green arrow =>.
STEP VI. After that “Income Details” Page will appear.
B1. Income from salary / Pension (Ensure to fill such TDS1) =>
(1) Gross Salary – Total P Tax , for maximum employee
(2) Gross Salary – Total P Tax – House Rent Exempt , for those who live in rented house. Max exempt for 2016-2017 financial year is 2400.
(3) Gross Salary – total P Tax – HBL Interest, for those who has Home Loan. Maximum Home Loan Principal Deduction is 175000 for 2016-2017 financial year.
Example 1. If Gross salary of an employee is 500000, Total P Tax is 2400, and the person do not live in rented house and has no house building loan . Then in B1 he has to fill 497600 (that is 500000 – 2400 ).
Example 2. If Gross salary of an employee is 500000, Total P Tax is 2400, and the person live in rented house and let house rent exemption is 20000 (House Rent Calculator http://biswa.net/house-rent-exemption-calculator.html) . Then in B1 he has to fill 473600 (that is 500000 – 2400 -24000 ).
Example 3. If Gross salary of an employee is 500000, Total P Tax is 2400, and the person has no house building loan and interest for the financial year is 40000. Then in B1 he has to fill 457600 (that is 500000 – 2400 -40000 ).
B4, C1 80C => Sum of all savings (PF, PPF, LIC, PLI, GIS, HBL Principal, Child education fees, Mutual Funds etc)
B4, C7 80D Mediclaim => Amount on Mediclaim
Donation 80G cannot be filled from this page, 80G has separate page
click another field if necessary (not necessary for maximum person)
Save Draft go to next page clicking green arrow =>
This Page is Tax details page
In first field you will see already automatically computer filled employer name, TAN , Tax Paid etc .
In this page nothing to do.
Go to next page clicking green arrow =>
In this page you have to fill
Number of bank accounts such as 1 or 2 or 3 etc.
Fill each bank IFSC Code, Account Number, account type => savings account, Name of Bank will be filled automatically.
At the bottom of this page for verification you have to fill
Your Name —, so of /daughter of —-
and Place —.
If you donate to register user (80G) then go to next page otherwise CLICK ON SUBMIT.
On submit the necessary field will appear that you forgot to fill, in this case fill / select this field and agin submit. Otherwise after submission new page appear from where you can download acknowledgement. Also acknowledgement will be sent to your mail.
In this page also VERIFICATION steps appear. For new user it is easy to download acknowledgement print it preserve one copy and SEND A COPY TO BENGALURE in the given address.
For other procedure of verification those whose phone number is included in aadhaar can easily verify. Aslo those who use net banking can also verify through net baking.
NOTE: WITHOUT VERIFICATION E-FILE RETURN IS INCOMPLETE. SO FOR EASY WAY TO UNDERSTAND DOWNLOAD ACKNOWLEDGEMENT AND SEND A COPY TO BENGALURU.
Best of Luck.
Website of Income Tax Return http://incometaxindiaefiling.gov.in/