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Income Tax Return: Now ITR will be filed in just 5 minutes, know the easiest way

The last date to file ITR 2023 income tax return is July 31. You can fill ITR easily at home. If you are also filling ITR then we are giving you step by step information. By following these steps, you can fill your ITR online for financial year 2023-24 and assessment year 2024-25.

New Delhi. The last date for filing Income Tax Return (ITR) for FY 2023-24 and Assessment Year 2024-25 is 31 July 2023. The IT department has released online forms for this. If you are also planning to fill ITR, then here we are giving you step by step information. By following these you will easily file your ITR within five minutes.

Documents required to file ITR online

  • PAN and Aadhar Card
  • Bank statement
  • Form 16
  • Donation receipts (if any)
  • Investment, insurance policy payment receipts, home loan installment payment receipts
    interest certificate

How is income tax return filed?

To file ITR online, first you have to open the official website of Income Tax. Here we are giving you step by step information.

Step 1: Open the Income Tax e-filing website and login by entering PAN number and password.

Step 2: Now you have to click on ‘Fine Income Tax Return’.

Step 3: In the next step you have to select the assessment year. If you are filing ITR for FY 2023-24 then you have to select AY 2024-25.

Step 4: In the next step you have to specify the filing status, in which you will get Individual, HUF and other options. If you are filing your ITR then you have to click on ‘Individual’.

Step 5: Now you have to select the type of ITR. There are 7 types of ITR forms in India. Of these, ITR 1 to 4 forms are for Individuals and HUF.

Step 6: In the next step you will have to give the reason for filing ITR. Here you get options – taxable income more than basic exemption, fulfillment of specific criteria and mandatory filing of ITR and other options. You have to select one of these.

Step 7: Validating pre-filed information

Many details like PAN, Aadhaar, name, date of birth, contact information and bank details are already saved. You have to validate this information.

Along with this, you have to fill the details of your income, exemption and deduction step by step. Many of these data are already filled, you have to review it and fill the correct information. After this you have to confirm the summary of the return. While validating the details, if any tax is payable, it will have to be paid.

Shyamu Maurya
Shyamu Maurya
Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.com
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