ITR Filing 2019-20: Here’s how one can file your Income Tax Return on-line
ITR Filing 2019-20: We are only a few days away from the tip of the calendar 12 months 2020 and this 12 months because of the coronavirus (COVID-19) pandemic, the federal government has prolonged the deadline for submitting revenue tax returns (ITRs) for the monetary 12 months 2019-20 (FY20) to December 31.
As per the newest report, over 4.23 crore taxpayers have filed their ITRs for Assessment Year (AY) 2020-21 (FY20) until December 27.
Earlier this month, we advised you concerning the checklist of key paperwork which are required for submitting revenue tax returns, and at present we’ll inform you how one can file revenue tax returns on-line.
It should be famous that submitting an revenue tax return is important for each particular person who earns Rs 2,50,000 or extra yearly.
Steps to file your revenue tax return (ITR) on-line:
If you aren’t already a registered person, then you’ll be required to “Register Yourself” the primary time, in any other case you’ll want to click on on “Login Here” beneath the registered person choice.
If you’re a new person, after clicking “Register Yourself” you have to to pick your person sort after which enter your PAN, Surname, Middle title, First title, Date of delivery and Residential standing.
Now fill the registration kind and confirm your registration.
After profitable registration, log in once more. You should notice that your PAN serves because the person ID. After efficiently logging in, choose the submitting of revenue tax return choice.
Select AY 2020-21, from the dropdown menu, then choose the related ITR kind quantity.
Carefully verify and supply all of your private revenue particulars, you’ll have to present all the important thing paperwork within the requested format.
Following this within the submission mode, click on ‘prepare and submit online’. Income tax due and curiosity (if any) will likely be calculated mechanically.
After that, choose your checking account. This is the checking account the place you’ll obtain the tax refund (if any).
In the tip, you’ll be required to confirm your return. This might be carried out utilizing the Electronic Verification Code (EVC) or Aadhaar OTP or digital signature certificates.
