ITR Filing Process: The last date of filing your income tax return (ITR) for 2024 is getting closer, with just 12 days to go before the ITR filing deadline ends on July 31. The income tax department has streamlined the ITR filing process at incometax.gov.in. Taxpayers must understand the ITR filing process for a hassle-free experience. This article will guide taxpayers and suggest a step-by-step approach to online ITR filing on the official portal of the Income Tax Department. By following the official link incometax.gov.in, taxpayers can complete ITR fling online.
The Income Tax Department has been sending reminders to taxpayers to file their income tax returns before the ITR due date ends on July 31. They are encouraged to e-file their income tax returns before the ITR filing deadline of July 31. ITR e-filing refers to submitting tax return and completing all tasks digitally on the Income Tax Department’s portal. To e-file their tax returns, taxpayers need to follow all the requisite steps to file income tax returns online at incometax.gov.in. Taxpayers can use their PAN-based login credentials to file ITR.
Whether you’re a first-time filer or a seasoned taxpayer, you should be aware of all the changes effected in ITR forms. Here are the steps to file your ITR online and help you meet income tax payments due date, ensuring compliance with tax regulations.
Step-by-step guide on how to file ITR 2024 online on income tax portal
Step 1:
a. Visit incometax.gov.in and click on ‘Login’ to access the official income tax e-filing website.
b. Enter your PAN in the User ID section.
c. Click on ‘Continue’ and then enter your password.
d. Click on ‘Continue’ again to log in.
Step 2:
a. Go to ‘File Income Tax Return’.
b. Click on the ‘e-File’ tab, then select ‘Income Tax Returns’ and choose ‘File Income Tax Return’.
Step 3:
a. Select the right ‘Assessment Year’.
b. Choose ‘Assessment Year’ as ‘AY 2024-25’ if you are filing for FY 2023-24. Use the mode of filing as ‘Online’ and select the filing type as either an original return or a revised return.
Step 4:
a. Select the Status.
b. Choose your applicable filing status: Individual, HUF, or Others. For most people, select ‘Individual’ and click ‘Continue’.
Step 5:
a. Select ITR Type.
b. Know which ITR form you need based on your income sources. There are 7 ITR forms, of which ITR 1 to 4 are applicable for Individuals and HUFs.
Step 6:
a. Choose the Reason for Filing ITR.
b. Specify the reason for filing your returns, such as taxable income above the exemption limit, meeting specific criteria, etc.
Step 7:
a. Validate Pre-filled Information.
b. Check and validate pre-filled details such as PAN, Aadhaar, name, contact information, and bank details. Review your income, exemptions, and deduction details for accuracy.
Step 8:
a. E-Verify ITR.
b. The final step is to verify your return within the time limit (30 days). You can e-verify using methods like Aadhaar OTP, EVC, Net Banking, or by sending a physical copy of ITR-V to CPC, Bengaluru.
