Wednesday, July 1, 2009

How to file Income Tax returns online.

It all starts @ https://incometaxindiaefiling.gov.in/portal/index.jsp.

First Step is Registration . This is very simple. U just need your PAN card Number. After having registered for numerous SNS and emails this should be quite simple. Please Note your DOB etc should be same as per the official records with the IT department.

Next Thing is to Identify which ITR Form is relevant for you. For most of us who are salaried and have no other source of Income ITR-1 is relevant. If you have extra source of income ;) then u might need ITR-2 etc. you can find the relevant for for you from the same site.

Next, Download the so called Return Preparation Software ( basically a excel sheet) and fill the data using he Form-16 which we got from our company. follow all the steps and instructions in the excel and validate i after filling it. There is an option to generate xml after filling the form. Once the xml is successfully generated upload it on the same site. Digital signature is not required but in case u have one ... awesome!!

You will immediately get a pdf e-mailed to you. Take a Printout of it, sign it and post it to b;lore by ordinary post. Wasn't that simple!!! okie i agree it is not simple and straightforward and there are better ways of doing the same but guys.... at least we s/w engineers are take that extra step. At least our govt is trying to do something.