Frequently
Asked Questions: e-filing Income Tax Returns
Asked Questions: e-filing Income Tax Returns
1.
Can I
file ITR online without an account on the Income Tax e-filing portal?
Can I
file ITR online without an account on the Income Tax e-filing portal?
A) No.
You have to create an account on the portal to file your ITR online. It is an
easy process – you have to register yourself by providing details such as user
type (individual, HUF, companies, chartered accountants, agencies or tax
deductors), your PAN, first and middle names and surname, date of birth, and
fill in the registration form. If you already have an account but have
forgotten password, you can generate it through the ‘Forgot Password’ option.
You have to create an account on the portal to file your ITR online. It is an
easy process – you have to register yourself by providing details such as user
type (individual, HUF, companies, chartered accountants, agencies or tax
deductors), your PAN, first and middle names and surname, date of birth, and
fill in the registration form. If you already have an account but have
forgotten password, you can generate it through the ‘Forgot Password’ option.
2.
How
many days do I have to verify the Income Tax Return I filed online?
How
many days do I have to verify the Income Tax Return I filed online?
A) You
have to either send the ITR-V to CPC, Bengaluru, or verify it online through
electronic verification code or Aadhaar-linked one-time password, within 120
days of e-filing the return.
have to either send the ITR-V to CPC, Bengaluru, or verify it online through
electronic verification code or Aadhaar-linked one-time password, within 120
days of e-filing the return.
3.
Can I
e-verify my ITR instead of sending a hardcopy to CPC, Bengaluru?
Can I
e-verify my ITR instead of sending a hardcopy to CPC, Bengaluru?
A) Yes.
The Income Tax Department now allows you to e-verify ITR through an electronic
verification code (EVC) or through a one-time password by linking your PAN and
Aadhaar.
The Income Tax Department now allows you to e-verify ITR through an electronic
verification code (EVC) or through a one-time password by linking your PAN and
Aadhaar.
4.
Can I
e-file my return before all my tax payments are done?
Can I
e-file my return before all my tax payments are done?
A) You
can only file your Income Tax Return – online or through an agency – after all
your tax payments for the year are done. The deadline for filing ITR is July 31
of the year after the end of a given assessment year – that is, you get 4
months to file ITR. This helps you put your accounts in order and make sure all
tax-related payments are sorted.
can only file your Income Tax Return – online or through an agency – after all
your tax payments for the year are done. The deadline for filing ITR is July 31
of the year after the end of a given assessment year – that is, you get 4
months to file ITR. This helps you put your accounts in order and make sure all
tax-related payments are sorted.
5.
Is it
mandatory for me to do the e-filing or can I depute it to someone?
Is it
mandatory for me to do the e-filing or can I depute it to someone?
A) You
can seek the help of professionals and agencies dedicated to ITR filing. It is
wiser not to allow anyone to have your PAN and password in order to prevent any
kind of fraud.
can seek the help of professionals and agencies dedicated to ITR filing. It is
wiser not to allow anyone to have your PAN and password in order to prevent any
kind of fraud.