Income Tax Return 2024: For the financial year 2023-24, the time to file Income Tax Return (ITR) for the assessment year 2024-25 is 31 July 2024. Many employees collect Form 16 from their company or employer to file ITR. Income tax department has released forms for income tax..
For the financial year 2023-24, the time to file Income Tax Return (ITR) for the assessment year 2024-25 is 31 July 2024. Many employees collect Form 16 from their company or employer to file ITR. Income tax department has released forms for income tax. If you want to submit your income tax return online as well then you can submit it online in few minutes. Here let us know the step by step method of filing ITR online. Through this ITR can be submitted in few minutes.
How to file income tax return online?
- First you need to go to Income Tax official website to file ITR online. You need to go to Income Tax website https://www.incometax.gov.in/iec/foportal/.
- After opening the Income Tax e-filing website, login by entering your PAN number and password.
- After this you have to click on file income tax return.
- In the next step you have to select the assessment year. If you are filing ITR for FY 2023-24 then you should select Assessment Year (AY) 2024-25.
- After this individual HUF and other options are available. You can click on ‘Personal’ for your ITR.
- After this select the type of ITR. There are 7 types of ITRs in India. ITR 1 to 4 forms for HUF.
- In the next step you need to select the type and reason for the ITR. Here you have to choose options like taxable income more than basic deduction. Specific criteria should be included. Here you have to click on the checkbox given below.
- Pre-field information should be updated. Here you need to verify PAN, Aadhaar, Name, Date of Birth, Contact Information, Bank Details. Here you have to give details of income, tax, exemption exemption. After this you need to confirm to file your return.
- If the tax is left after giving the details, it will have to be paid.
These documents are required to file ITR online
- PAN, Aadhaar Card
- Bank statement
- Form 16
- Donation slip
- Investment, insurance policy payment receipts, home loan payment certificate or receipt.
- Interest Certificate
