ITR filing validates transparent taxation and helps claim refunds or correct tax inconsistencies.
Income Tax Returns can now be filed online in minutes, simplifying the process for all taxpayers.
Calculate your income and applicable tax considering all sources before filing.
Visit the Income Tax e-filing website, log in with your PAN, and follow the prompts.
Select 'File Income Tax Return', choose the assessment year, and the mode of filing.
Verify pre-filled details, confirm income, deductions, and exemptions, and submit your return.
Keep documents like PAN, bank details, salary slips, rent receipts, and investment proofs handy for e-filing.
Missing the ITR deadline can lead to a penalty up to ₹10,000 for incomes above ₹5 lakh.
E-filing is simpler, convenient, and helps maintain better financial records with the IT department.