Let's File Your ITR For FY 2019-20 in Just 15 Minutes on Portal

If you are seeking to file an ITR for FY 2019-20 then it is easy. It takes only 15 minutes to file the income tax return. You are not required to opt for CA for furnishing the ITR. in this session we are suggesting to you how to file an ITR in lesser time. Let's file your ITR filing via Gen IT Software free download quickly and accurately in just 15 minutes.

Below Are The Required Credentials For Filing ITR

PAN Card
Aadhaar Card
Bank Account Number
Investment information and all necessary certificates
Form 16
Form 26 A.S.

Select Your Form

You should have to classify yourself that in which category of assessee you exist and the type of ITR form required to furnish. For instance, the person whose income is up to Rs 50 lakh then they are the citizens of ITR1 'Sahaj' forms. Their income comes from salary, house, and other sources such as interest.

There Are 2 Methods to Furnish ITR E-filing

By Downloading the ITR form, furnishing the form offline, and uploading the XML file.

Furnish the details directly to the online e-filing portal.

The Way of E-filing of ITR Should Follow The Below Steps

Step 1. Registration of ITR is to be done prior to filing ITR.

Step2. Visit the income tax department website https://www.incometaxindiaefiling.gov.in/home.

Step 3. Login can be done by inserting the user ID PAN, date of birth, password, and lastly captcha code.

Step 4. Visit the e-file tab and click on the ITR link.

Step 5. You need to fill the form of ITR for the assessment year by selecting the form.

Step 6. Tap on the original tab when furnishing the original return.

Step 7. Tap on the revised return if filing for the revised income tax return.

Step 8. Now choose 'Prepare' and 'Submit Online' and Tap on 'Continue'

Step 9. After the above process enters all details proposed on a new page by saving the pages filled as if the screen time ends then the details furnished by you will not be visible.

Step 10. All the details regarding investment and health as well as life insurance should be placed on this page.

Step 11. Post furnishing the details then you can verify yourself at the same time when the verification page occurs or within 120 days.

Step 12. Last step is to preview and submit ITR by clicking the tabs then your ITR will get submitted.

Comments

GST: Assessees Must E-file Their Tax Returns by 30th Nov 2024 to Claim Pending ITC

If you are a GST-registered assessee you need to consider the due date to avail of any due Input tax credit or revised errors/omissions for the FY 2023-24 is November 30, 2024, via submitting the appropriate GST forms. Missing the due date can produce an outcome of a financial loss as the unclaimed ITC could not be used to offset your output tax obligation. What is the Method to Claim the Due ITC or Revised GST Errors for the FY 2023-24 It was stressed by the tax experts that the GST law specifies the procedure to claim the due ITC via GSTR-3B and amend errors in GSTR-1. Filing GSTR-1: Errors induced in GSTR-1 can be rectified by making amendments in the following GSTR-1 filings. Filing GSTR-3B: Via the GSTR-3B return the obligated ITC can merely be claimed. November 11, 2024, was the due date to submit the GSTR-1, and November 20, 2024, is for GSTR-3B without any penalty. Both the outcomes can be provided till November 30, 2024, as per the late fees. R...

How ITR Software Assists Individuals in Filing Tax Returns

Every assessee's process of income tax return (ITR) filing is significant, as it contributes to Indian's economy. The Income Tax Department has made efforts to facilitate this approach in recent years, but numerous people still see themselves steering a difficult financial system, multiple tax deductions, miscellaneous exemptions, and changing tax laws. This complexity can turn what must be an easy task into a significant challenge. In this context, income tax software evolves into an important partner, presenting a useful variety of accuracy, efficiency, and reassurance. The software enables return filing that permits taxpayers to handle their financial responsibilities when complying with the law. 1. Accurate Tax Calculations An incorrect income tax calculation of taxes could result in messages from the Income Tax Department or missed refunds. The tax software helps in finding taxable income and tax deductions that you may be allowed, like insurance or home loans. The co...

Why Small Firms Should Consider Gen Payroll Software?

Businesses in this competitive era would be required to manage the payroll. Payroll software has multiple operations such as paying employees, following tax laws, managing employee benefits, filing important documents, and keeping accurate records. Businesses that manage tasks manually or with spreadsheets can result in inappropriate compliance and issues, wasting time in doing operations. Gen Payroll software arrives to manage payroll with accuracy and resolve the issues that come therein. The merits and demerits of Gen Payroll software are mentioned below. Gen Payroll Software Gen Payroll is a payroll management software made by SAG Infotech . It eases and automates the process of payroll. The software’s features are tracking employee attendance, calculating salaries, ensuring compliance with laws like PF (Provident Fund), ESI (Employee State Insurance), and TDS (Tax Deducted at Source), as well as generating payslips. Businesses, whether small or large, can use this software. ...

SAG Infotech: Need Tax Software (Call 0141-4072000)

Search This Blog