What is e-Filing?
e-Filing is where you file your income tax through internet. Log into the income tax website then fill up the tax return form which is available online and the other required information about income, expenditure and savings.
Requirement For Filing e-return:
Basic requirement for filing online e return is that you should have a valid PAN number. Direct E-filing is available for Form Nos. ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6 and ITR-8.
As per Section 206 of Income Tax Act all corporate and government deductors are compulsorily required to file their TDS return on electronic media (i.e. e-TDS returns). It is mandatory for Companies and Firms requiring statutory audit u/s 44AB to submit the Income tax returns electronically. However, for other deductors, filing of e-TDS return is optional.
E-Filing of tax should be done on http://incometaxindiaefiling.gov.in and use http://tin.nsdl.com for more information.
Tips To e-filing:
For filling your income tax returns online, you must remember few things :
Login to Income-Tax Portal.
Register at https://incometaxindiaefiling.gov.in
Complete Registration process.
Download and fill the relevant form.
Create XML e-Return file.
Upload e-Return file to Income-Tax Server.
Incase the return is digitally signed, on generation of ‘Acknowledgement’; the Return Filing process gets completed. Assessee may take a printout of the acknowledgement for his record.
Incase the return is not digitally signed, on successful uploading of e-Return, the ITR-V Form would be generated which needs to be printed by the tax payers. This is an acknowledgement cum verification form. The tax payer has to fill-up the verification part and verify the same. A duly verified ITR-V form should be mailed to ‘Income Tax Department – CPC, Post Box No – 1, Electronic City Post Office, Bangalore – 560100, Karnataka’ within 30 days after the date of transmitting the data electronically or visit The TIN Facilitation Centers of the NSDL. You can check out which centre is closest to you by visiting this link http://tin.nsdl.com/TINFaciliCenter.asp . They will help you upload verified ITR-V form to the TIN central system.