ITR Filing By Online Portal: The last date for filing Income Tax Return ie ITR is approaching. 31st December 2021 is the last date for filing income tax return. In such a situation, you can file ITR in a very easy way. We are telling you its easy process. It can be filled through the e-filing portal.
The last date for filing Income Tax Return (ITR) is approaching. 31st December 2021 is the last date for filing income tax return. In such a situation, you can file ITR in a very easy way. We are telling you its easy process. It can be filled through the e-filing portal. Before doing this work, it is necessary to ensure that all the necessary documents like PAN, Aadhar card, bank account number are present with you. Especially for those who are going to file income tax return for the first time, this news is very important for them. Because if you do not have these documents with you, the process of filing ITR will get stuck in the middle.
Form 16 is important for the employed,
Form-16 is the most important document for all the employed people. With the help of this income tax return is filed. This document is given to any employee on behalf of his company. In this, complete information about the tax deducted from the salary of the employee is present as well as information about the salary given.
Tax Saving Investment Proof
Many people make some tax saving investments to save tax. Those who are not able to give these documents to their employer within the stipulated time, they need to provide proof of the same at the time of filing income tax return. These tax saving investment proofs can be LIC premium receipt, PPF investment passbook, ELSS proof, donation receipt, tuition fee receipt etc.
Certificate of income from interest
If you made a deposit in a bank or post office, or if someone else has the money in interest earned schemes Certificate Revenue from interest or bank statement is also important to keep to her right information Can be filled while filing income tax return. Explain that you can get tax exemption on interest earned up to Rs 10,000 under Section 80TTA of the Income Tax Act.
Proof of expenses including medical insurance
You can claim tax exemption on health insurance premium up to Rs 25,000 under section 80D. These insurance policies can be for you, your spouse, children. If you are a senior citizen, you can get tax exemption on health insurance premium up to Rs 50,000. So keep all these receipts with you while filing income tax return.
It is necessary to have these documents with you
1- PAN card
2- Aadhar Card
3- Bank account details
4- Investment proof details
5- Form 16
How to easily file ITR
- First of all login to (https://eportal.incometax.gov.in/).
- Enter your User ID and click on Continue option. Then login with password.
- If the password is not remembered, you can create a new password through the forget password option.
- Click on e-file (click on e-file) on the page which will open on login.
- After this, you have to choose the File Income Tax Return option.
- Now select the assessment year 2021-22 and then continue.
- After this you will get the option of online and offline.
- You select Online and select Personal option.
- Then choose either ITR-1 (ITR-1) or ITR-4 option.
- If you are salaried then you have to choose ITR-1 option.
- After this the ITR return form will be downloaded on your system.
- Then on Filling Type select 139(1)- Original Return. This will open the selected form.
- Keep saving by filling the requested information in it. Fill the bank account details correctly.
- Verify in the online process and send the hard copy of the return to the Income Tax Department.