If you are a salaried employee and you don’t want to hire a Tax Adviser to file your Tax
Return, than this article is just you were looking for… read on to gain freedom and save
A little bit of disclaimer though… this article is intended only for those friends who cannot
afford to hire a Tax Consultant. If you earn well and fall in bracket of highest rate of Tax (i.e.
30%) then this article isn’t advisable for you. You earn enough and you actually need a
qualified advisor to take care of your sensitive compliances.
How to File your tax returns online
As you are a salaried employee, so Salary is the primary source of your income. However,
you may also have some interest income from a bank.
A salaried employee needs to choose Form ITR-1 Sahaj as the Income Tax return form if their
total income is up to Rs 50 lakh.
You might have already got a form 16 issued by your employer. The last date for filing
Income Tax returns has been extended till 31 August 2019. This year the ITR-1 form has
been simplified, making it easier for salaried employees to e-File the returns.
You can file your Income Tax return, free at the e-Filing website of the Income Tax
Department www.incometaxindiaefiling.gov.in/. You can also choose one of the tax filing
portals to e-File your taxes for a fee.
Salaried Employees need to follow these steps for e-Filing of returns.
Step 1: Login to the e-Filing website with a User ID, password, Date of Birth/Date of
incorporation and captcha
Step 2: Go to ‘e-File’ and click on ‘Prepare and submit ITR online.’
Step 3: Select the Income Tax return Form (ITR-1) and assessment year.
Step 4: Fill the details and click on the ‘Submit’ button.
Step 5: If applicable upload a digital signature. Ensure that DSC is registered with e-Filing
Step 6: Click the ‘Submit’ button.
Step 7: After successfully submitting the form, ITR-V would be displayed (if DSC is not used).
Click on the link to download the ITR-V. ITR-V will also be sent to the registered email. If ITR-
V is uploaded with DSC, the return filing process is complete.
If the return is not uploaded with DSC, the ITR-V form should be printed, signed and
submitted to CPC within 120 days from the e-Filing date. The return will be processed only
after receiving the signed ITR-V. Keep track of your email and SMS regularly for reminders
on the non-receipt of ITR-V.
Now you have completed the process of filing your returns online. The e-Filing of income tax
returns is quite an easy process.