New Delhi: how to file ITR Tips: When the name of Income Tax Return (ITR) is heard, many people are shocked. Filing an ITR is a very difficult task. Without the help of CA, this work cannot be done, many believe. But, you can file ITR yourself. The last day to file ITR for 2021-2022 is July 31. Many of you may have also filed. Today we are giving you step by step process of filing ITR here, find out the details.
Understand income tax file returns
It is very important to know a few things about this before filing an ITR. There are two types of ITR. The first type is ITR 1 and the second is ITR 4. Is ITR-1. Whose income is up to Rs. 50 lakhs. This includes wages, pensions, housing, income from other sources. ITR-4 is filed by one person. It falls under Section 44AD, 44ADA or 44AE.
How to file an online income tax return
First go to www.incometax.gov.in/iec/foportal. Also log in with user ID and password. If you do not have a login ID and password, create one first. PAN card number is used as ID. Then click on the E-File option. Then click on Income Tax Return link. Now you see that the PAN number is already entered. Now on this page you have to choose Assessment Year, ITR Form Number, Filing Type, Original, Revised Return. Finally click on the word Continue. You will then be asked for some necessary information. Fill it out Now the tax paid and verification page will open. At that point, select the option according to your account. Now check the form by previewing and click submit. You will get OTP on your phone number for e-verification.