How to file ITR online and how to download ITR statement |how to e file income tax return.

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How to file ITR online and how to download ITR statement |how to e file income tax return.

How to file ITR online and how to download ITR statement |how to e file income tax return.

ITR stands for “Income Tax Return”. It is a document that contains details of an individual’s income earned during a financial year and the taxes paid on it. Every year, individuals who earn income above a certain threshold are required to file their Income Tax Returns (ITR) with the government tax authority.

ITR forms are available in different types, depending on the nature of income, source of income, and other factors. The income tax department in every country specifies the deadline for filing ITRs, which typically falls on or around the end of the financial year. It is important to file ITRs on time and accurately, as failure to do so can result in penalties or legal consequences.

How to file ITR online?

The process of filing Income Tax Return (ITR) online varies depending on the country and tax authority you are dealing with. However, here is a general guide on how to file ITR online:

1) Register yourself on the tax department’s website and obtain a login ID and password.

2) Download the relevant ITR form for the financial year you are filing for. There are different ITR forms for different types of income, so make sure you choose the correct one.

3) Fill in the required details in the form, such as personal information, income earned, deductions claimed, and tax paid.

4) Verify the details entered in the form and make sure all the information is accurate.

5) Calculate the tax payable, if any, and pay the tax due online through the tax department’s website.

6) Submit the form and verify the submission by e-mail or SMS. Some tax authorities may require you to physically sign and send the form to them.

It is important to keep all relevant documents such as salary slips, bank statements, investment proofs, and TDS certificates ready before filing your ITR online. You can also seek the help of a tax consultant or use a tax-filing software to simplify the process.

how to download itr statement?

To download an Income Tax Return (ITR) statement, you need to follow these steps:

1) Visit the tax department’s e-filing website and log in to your account using your user ID and password.

2) Go to the ‘My Account’ tab on the dashboard and select the ‘View Form 26AS (Tax Credit)’ option.

3) You will be redirected to the TRACES website. Click on the ‘Confirm’ button to proceed.

4) Select the relevant assessment year for which you want to download the ITR statement.

5) Click on the ‘View/Download’ button to download the statement in either PDF or text format.

6) If you want to download the statement in PDF format, you need to enter a password, which is your date of birth in the format DDMMYYYY.

7) Open the downloaded ITR statement and verify the tax credit mentioned in it with the TDS certificates issued by the deductor.

It is important to verify the tax credit mentioned in the ITR statement with your TDS certificates to ensure that the tax credit is correctly reflected. If you find any discrepancies, you should inform the tax department and take corrective action.

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