How to File own Personal Income Tax Return Online
Individuals below 60 years & HUFs having income more than Rs.2.5 lakhs , senior citizens above 60 years having income of Rs. 3 Lakhs or more and individuals aged 80 years or more having income of Rs. 5 lakh or more are covered in taxable assessee category and are required to file their income tax returns annually.
Due date for filing of income tax return for assesses who are not required to get their books of accounts audited is 31 July. Non-filing or incorrect filing of return of Income may result in penalty and prosecution
Before we get started, you should have the following documents at hand to pace up the process:
1. PAN
2. Aadhaar
3. Bank account details
4. Form 16
5. Investments details
6. Last year’s tax returns
7. Bank statements
8. TDS (Tax Deducted at Source) certificates
9. Profit and Loss (P&L) Account Statement, Balance Sheet and Audit Reports, if applicable
Log on to e-filing portal at “https://Incometaxindlaefiling.gov.in” to file your income tax return. For login of a registered user, User ID is Permanent Account number (PAN) and password already set on registration and date of birth/incorporation is required to be entered along with captcha code.
If not already linked, Aadhar number should be linked with PAN by entering 12-digit Aadhar number and receiving OTP on the mobile number linked with Aadhar.
Different ITR forms are applicable for different types of assesses and such applicable return form should be selected carefully before filing:
ITR 1: For Individuals being a Resident (other than Not Ordinarily Resident) having Total Income up to Rs.50 lakhs, having Income from Salaries, One House Property, Other Sources (Interest etc.), and Agricultural Income up to Rs.5 thousand(Not for an Individual who is either Director in a company or has invested in Unlisted Equity Shares).
ITR 2: For Individuals and HUFs not having income from profits and gains of business or profession.
ITR 3: For individuals and HUFs having income from profits and gains of business or profession
ITR 4: For Individuals, HUFs and Firms (other than LLP) being a Resident having Total Income up to Rs.50 lakhs and having income from Business and Profession which is computed under sections 44AD, 44ADA or 44AE
(Not for an Individual who is either Director in a company or has invested in Unlisted Equity Shares) more
Due date for filing of income tax return for assesses who are not required to get their books of accounts audited is 31 July. Non-filing or incorrect filing of return of Income may result in penalty and prosecution
Before we get started, you should have the following documents at hand to pace up the process:
1. PAN
2. Aadhaar
3. Bank account details
4. Form 16
5. Investments details
6. Last year’s tax returns
7. Bank statements
8. TDS (Tax Deducted at Source) certificates
9. Profit and Loss (P&L) Account Statement, Balance Sheet and Audit Reports, if applicable
Log on to e-filing portal at “https://Incometaxindlaefiling.gov.in” to file your income tax return. For login of a registered user, User ID is Permanent Account number (PAN) and password already set on registration and date of birth/incorporation is required to be entered along with captcha code.
If not already linked, Aadhar number should be linked with PAN by entering 12-digit Aadhar number and receiving OTP on the mobile number linked with Aadhar.
Different ITR forms are applicable for different types of assesses and such applicable return form should be selected carefully before filing:
ITR 1: For Individuals being a Resident (other than Not Ordinarily Resident) having Total Income up to Rs.50 lakhs, having Income from Salaries, One House Property, Other Sources (Interest etc.), and Agricultural Income up to Rs.5 thousand(Not for an Individual who is either Director in a company or has invested in Unlisted Equity Shares).
ITR 2: For Individuals and HUFs not having income from profits and gains of business or profession.
ITR 3: For individuals and HUFs having income from profits and gains of business or profession
ITR 4: For Individuals, HUFs and Firms (other than LLP) being a Resident having Total Income up to Rs.50 lakhs and having income from Business and Profession which is computed under sections 44AD, 44ADA or 44AE
(Not for an Individual who is either Director in a company or has invested in Unlisted Equity Shares) more
Viewed by 183
I am a Pensioner with 66yrs age want to know what are the documents needed to file the Return as I am not getting Form 16 from AG office and I wont have other source of Income rather than Savings. more
Dec 24
You need Form 16 if Tax is deducted from your pension. For filing return you need data on Pension amount, Interest income from your Savings more
Dec 25
Mr. Swamy Swarna is right professional help will ease the task. Pensioners with Pension and intt. income can file the return them self. Information provided by Mr. Mohit Pande is useful and handy to file simple return. more
Dec 23
There are Free sites that help such people file their tax returns...and charge a small fee in case of income from other sources and capital gains. The fee increases in case some trading income (income from trading of shares etc.) is involved...better to use the professional services if needed... I have been paying income tax for more than 50 years now - last 11 years as a Central Government pensioner...and used professional help when needed - otherwise, I collect all the information and my son who is better at these things helps file the return. more
Dec 20
