(ITR 2013)How to file Income tax returns online(Detailed Tutorial)

tax return In the hour long video showing possibly everything needed to know ,topic’s covered include

(1) Create registration in the income tax website
This is first mandatory step .Worry not .If you have created a Gmail id , Rediff id ,Facebook ,Twitter etc any type of account , you very well already know how to register yourself for the income tax registration website
This is where you need to upload the final filled return in XML format besides having access to many other features like immediate access to form 26 AS etc
(2) Select and Download the income tax return form (ITR ) as applicable .
Depending on the source of income , the applicant is expected to download the income tax return form applicable to his/her case and then fill it
For example if income for applicant is from salary only ,he is expected to fill ITR 1 however if income is from Profession , then ITR 4 is applicable .If income is from salary plus more than 1 house property , then ITR 2 is applicable .
If income consists of betting on horse race income or winning from lottery tickets , then ITR 2 is applicable
if applicant has income from salary and fixed deposit interest , then ITR 1 is applicable
(3)View Form 26 AS
It is immediately available on creating a account inside income tax registration website
Form 26 AS is a summarised statement of all recorded tax deducted at source and is very easy to obtain.Watch the video and you should be sorted.It is often a replacement for form 16 A and can be used for knowing income from other sources like FD and rent income(when deductor has deducted 10 % tax ) etc to fill ITR form income details sheet as also the TDS sheet

(4) Fill the ITR form ,
The ITR form is neatly divided in tabs , names of which signify the purpose of the ITR form .The ITR 1 has 3 tabs .income details tab ,wherein one mentions income details and uses the calculate tax widget to know tax liability
There is a TDS sheet , wherein applicant can mention details of tax deducted at source .The purpose of this sheet is for applicant to know whether sum total of taxes as per tax deduction at source equals tax liability as appearing in income tax liability sheet ,
Finally the taxes paid and verification sheet like name ,shows the final tax liability in view of the total due and total paid
(5) Generate XML & Check it
Once the applicant has completed filling the ITR form as indicated in step 4 , it is time to validate first each sheet using validate widget and then generate a extended mark up language document of the entire filled income Tax Return (ITR )using the generate XML widget available in income detail sheet ,
This converts the excel file to a XML file and saves it automatically to the same location as to where the excel file is .
One can open the XML file with notepad i.e a free text editor and study it to check whether the details match the filled income tax return form .

(6) Uploading the XML type income tax return online
Login in to the income tax registration website , go to the upload tab and upload the converted XML file after having selected the type of income tax return form applicable (i.e ITR 1 2 3 4 5 6 etc ) and the proper assessment year ,
You can while uploading decide to apply digital signature and if you don’t have one ,select the option without digital signature

In case , you have selected the 2nd option (which is normally the case , you would be then required to sign physically the acknowledgement)

(7) Acknowledgement receipt

Download the acknowledgement (ITR V ).Note irrespective of whether you will fill ITR 1 2 3 4 5 6 7 etc , you will get acknowledgement ITR V only which is basically a declaration that you have paid taxes to the best of your knowledge
You need to sign this and send it by ordinary or speed post to Bangalore IT department .
Once the IT department at bangalore receives it , they will send a electronic receipt of the same to the email id as specified while filling the Income Tax return form .In ITR 1 it is in income details sheet
(I advise everyone to be very careful while filling the email because this is where the acknowledgement receipt is finally gonna come
(8)E Acknowledgement receipt
Once you received the email from the department, this is the stage where your filing is deemed to be complete
The important things to note in this receipt is the CPP reference number and date ,because in case you decide to revise or rectify the form at any later stage , you can easily do so after following the exact same 8 steps as listed above with the only difference that you need to mention the receipt number and date in the new ITR file (and this is there in the acknowledgement receipt )
(9) Check status online
One can always check the status of their application online .

The income tax site itself lists out filing e return in 3 simple steps
(1) Viewing Form 26 AS
(2) Filling ITR form and uploading return
(3) Check status

Duration : 1:3:5

23 thoughts on “(ITR 2013)How to file Income tax returns online(Detailed Tutorial)

  1. great job sir,sir …
    great job sir,sir please upload return filing of indirect taxes like vat,cst, service tax, excise and customs
    thank you very much.
    god bless you

  2. Understand the …
    Understand the concept , you will never then have a doubt again ….The assesment year is always assessing your previous year income..is it possible to assess the same year income …think about it , if i say the assessment year 2013 14 , it means that i am assessing your financial year 2012 13 implying April 1 2012 to march 31 2013 …..,so select financial year as 2012 13 and not 2013 14 ……(This is common concept —–is uniform through all returns ITR 1,2,3,4,5,6,7 )

  3. Respected Sir,

    Respected Sir,
    Please can you help me Sir on the fact that I wanted to know which year we put as FINANCIAL YEAR in SCHEDULE-I (Accumulations Schedule) of ITR-7 for assessment year 2013-14?????????
    Actually i was a bit confused whether to put 2012 as the year or 2013??
    Please help on dis Sir..
    Thank you!!!

  4. Not yet , traversed …
    Not yet , traversed until ITR 4 …i will keep you updated when i make tutorials for ITR 5 , 6 , 7 etc as well …i need to study further …glad that you bought up the subject !

  5. Hi Amlan: Great …
    Hi Amlan: Great video. Just wanted to check if you have made video on how to file ITR for companies (ITR-6)?. Appreciate if you can share the link.


  6. Stop Wasting Up …
    Stop Wasting Up Your Time and
    Get Paid To Mess Around On Facebook And Twitter!
    GET PAID UPTO $25 to $35 AN HOUR… Only at 4NetJobs.com
    Work from the Comfort of your Home…
    We are Currently Hiring People from all Over the World,
    For a Wide Range of Social Media Jobs on Sites such as Facebook,Twitter and YouTube.
    You don’t Need any Prior Skills or Experience and You can Begin Work Immediately!
    You Can Easily Make $4000 to $5000+ Monthly Income…Only at 4NetJobs.com

  7. Guys, this is an …
    Guys, this is an pretty good method to earn money online but not as good as Money Token Express (google it). I’ve gone through this before and it didn’t work at all, Money Token Express is making my mother well over $6,000 every 20 days. So look on Google for the phrase Money Token Express to find out how you can as well.

  8. Check the case …
    Check the case study number 12 titled “Case 12 – How to file Returns after Missing Due date (Shown Live ) “…under playlist “Case studies for Income tax (live cases )….i keep making video tutorials on a very extensive basis for tax ,so anything you want , just type that topic i.e How to file returns after due date by amlan and Google will be kind enough to show you a real live tutorial by self covering that aspect …if it doesn’t , be sure that i am on verge of making that …

  9. You are right , you …
    You are right , you will file belated returns (returns filed after due date ) under section 139(4) ….and inside return(ITR 1/2/3/4etc ) ,it will reflect as 12-AfterDueDt 139(4)…where 12 is simply serial number ….after due date means after 5th august 2013 and 139(4) means the section under indian income tax act which covers filing of belated returns ….check the bottom colored links …you will see one such link is “How to file returns after due date “..it will show you a live case

  10. hello dutta sir, …
    hello dutta sir, How are you? Sir I am facing little bit Confusion like I am submitting ITR after due date then which option would i select for “Return file under section” there is option as ” 12- On or before 139″ and “After due date 139(4)” etc . Please suggest me. Please reply me as soon as possible I am waiting your response

  11. Income from F &O …
    Income from F &O should not be confused with capital gains or income from speculation business (business where income is getting generated without delivery )…here though income gets generated without deleivery , because of income tax act section 45 exception clause , this is one such unique case which gets treated as Income from business ….hopefully all this makes sense , it will further make sense when we solve it live with real examples using real ITR 4 return ….

  12. Anways all this …
    Anways all this shall be clear when i make my tutorial tommorow ,also teh limit for Turnover is 1 Crore , not 40 lakhs ,so in case the turnover is less than 1 Cr , you dont need to get your books of account kept under section 44AA audited by a auditor as per section 44AB..All that is elementary but i needed to know what all other sources of income you have to make the case tutorial as close as possible to your real case …we will be using ITR 4 since F &O is to be treated as business&profession

  13. By morning tommorow …
    By morning tommorow , i would be finishing your tutorial ..Few things ,income from Futures and Options is treated as normal business income , so under section 72 , you can set it of against any other income -i.e salary , capital gains , Business profession , etc in case you don’t have enough net gross positive income to adjust current year loss(CYLA) , then it gets carried forward .i hope that you are not mixing it with capital gains (in which case any loss from capital gains cannot be adjusted)

  14. I will make a case …
    I will make a case study (Video tutorial ) using dummy data replicating your case and put it in “Solving Audience income tax query on realtime basis”…gimme a few hour’s…i am making a playlist on using facebook presently ….

  15. Brilliant Tutorial. …
    Brilliant Tutorial. Just wanted to understand as to how would I deal with income/(loss) from future and option. My turnover is less than 40 lacs and audit is not required. I have a loss of 1 Lac and want to carry it forward

  16. Aur agar main bolna …
    Aur agar main bolna bhul jau ,woh joh links dikhayi de rahey hai nah video pey ,woh sab basically income tax key specialised subject pey vids hai ..hopefully unhey dekhkey aapkey concept aur bhi clear ho jayega

  17. Is zindagi main …
    Is zindagi main aapko aisey bahut log milengey joh apney hokey bhi apney nahin ho paatey aur aisey bhi milengey joh paraye hokey bhi apney ho jaatey hai …desh ka anthem bolta hai , ki har indian mera bhai ya bahan hai …isisliye badey parivar key baadey main socho …hum har koi khuda ka bandey hai …aap merey us ghar key hissey , main aapko kaisa bhala madat nahin karta ..yah toh kuch nahin , main is subject ko ekdum simple kar dunga apney videos key saath

  18. Thanks bro maine …
    Thanks bro maine kai logon ko contact kiya ki wo mujhe kuch idea de online return file karne k liye… bt kisi ne sahi idea nai diya… jab ki wo log jaan pehchan k the… aur bhai tumne meri itni badi prob bilkul aasani se solve kar di thanks once again… Arvind Singh Ujjain

  19. Thank you very much …
    Thank you very much for your nice comment , glad it helped :) i will be uploading more quality tutorials in the near future for tax subject

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>