Filing Income Tax Returns in 10 Easy Steps

E-filing of income tax return is an easy, 15-minutedetails for No 24 also. Fill in details of TAN
job. And it is definitely smoother than finding a taxnumber, name of company, address, city, state,
consultant, haggling for the right price and thenpin code as given in form 16.
waiting endlessly for him to do the job at hisSTEP 6
whim.Fill in details of income charged under salaries,
So, how do you do it?deductions from Chapter VI-A, tax payable and
STEP 1tax deducted. All these information is found on
Go to the website of directorate of income tax,your Form 16. Click on VALIDATE button to
India, and register yourself, that is if you are notcheck for correctness.
registered already. As you register, you need toSTEP 7
fill in your PAN number and other details in orderNext sheet is taxes paid and verification. Fill in
to set your login and password.details of name, father's name, place, date and
STEP 2PAN number under the VERIFICATION section
Once you are done with registration, log out andshown in RED. Click validate once again. If all the
log in again with your PAN number as user ID andthree sheets are shown OK on validation, you are
the new password you have set earlier. Click onready to generate an XML file of the details.
e-filing A.Y. 2010-11 on the left side and downloadSTEP 8
the e-filing form for INDIVIDUAL, HUF (HUFClick on Generate XML and it will ask you to save
stands for Hindu undivided family)the file. Once saved, go back to the website and
STEP 3log in (if you are logged out) with your user name
The form comes in a ZIP file. Save it to yourand password. On the left side, click on submit
desktop and extract the Excel file from it to areturn with 2010-11 as assessment year. Upload
new folder. Open the excel file and enable macros.your generated XML to the site. Your e-filing is
Mind you, you have to enable macros in order todone.
complete the process.STEP 9
STEP 4It sends you a copy of acknowledgment to your
Fill in details like Name, Address, City, State, Pinemail ID and also allows you to download the
Code in the sheet for INCOME DETAILS; fill inacknowledgment by clicking on blue link. The
your PAN number wherever required and then fillacknowledgment again comes in a ZIP file. Extract
in details of your income, investments and taxthe file, take a printout of the PDF file and sign it
paid as provided to you in the Form 16 as per themanually.
instructions on the sheet. Then click on theSTEP 10
VALIDATE button to check. If the details areSend a signed Acknowledgment to Income Tax
correct. It will show the sheet is ok. (That is if noDepartment address shown at the bottom of the
errors are found).PDF file by ORDINARY POST only. You will get a
STEP 5confirmation from IT department within one
The next sheet of the file is TDS. Fill in the detailsweek. If it's delayed, you can check out with CPC,
for No 23 only if you have income only fromBangalore at 080-43456700 between 9:30 AM to
salary. If you have income other than salary, fill in6 PM between Monday to Friday.