ITR Filing Deadline Is Here: How to File Income Tax Return Online in Simple Steps

 

The deadline for filing the Income Tax Return (ITR) for the assessment year 2023-24 is July 31. As the last date for filing approaches, many taxpayers are in a rush to complete their returns. The Income Tax department has not granted an extension for the last date, which means taxpayers have less than five days to finish the process. If the deadline for filing the ITR for 2023-24 is missed, a penalty of Rs. 5,000 will be imposed on the taxpayer. To avoid making errors in the last-minute rush, it is recommended to file the return within the given deadline.

To file the ITR, certain important documents are required. These include the taxpayer's PAN and Aadhaar card, Form 16 and Form 26AS from the employer, bank account details and statements, as well as information about investments such as rent, loans, and

How to file income tax online using account log-in

1. Visit the online portal of Income Tax and login to your account using ID (PAN/Aadhaar) and password.
2. Choose the option to e-file, and select 'Income Tax Return' option to file your return.
3. Enter the required details, including the assessment year, ITR form number, filing type and submission mode.
4. You will need to select your status based on the employment details.
5. In the ITR form number, you will have to select appropriate form applicable to you, and fill details as asked. Employees can take help from Form 26AS and Form 16 to file these details.
6. Once filled, you will get a complete review of the tax details. If the details are correct, you can proceed further.
7. You will also need to tap on ‘Proceed to Validation'. Later, select a verification option to verify the ITR out of the given options.
8. After e-verifying, you can click on 'submit' to submit ITR.