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Learn How to file ITR Online step by step | academy Tax4wealth

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Learn how to File ITR Online via the ITR Filing Courses provided by Academy Tax4wealth. Filing ITR online will become easiest of the tasks for you in just a couple months. More info here: – PowerPoint PPT presentation

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Title: Learn How to file ITR Online step by step | academy Tax4wealth


1
Easiest Way for Filing ITR Online A Complete
Guide with Steps - FY 2021-23
2
  • For the financial year 20212022 and the
    inspection year 20222023 due on July 31, the
    leading person must submit an income tax return
    (ITR). Individual taxpayers can file an ITR-1
    form with the
  • deadline specified for completing the ITR if they
    have an annual income of up to 50 lakh rupees
    from their hall, one-room home, and other
    sources. You can fill out and submit the ITR-1
    form online as well. It can be finished online,
    partially offline, or both offline and online.
  • Filing ITR Online Step-by-Step Guide for FY
    20212022 (AY 2022-23). ITR filing deadlines for
    businesses and the last day to file.
  • Table of content
  • What is ITR filing?
  • Due dates for ITR Filing for Companies (Private
    Limited Companies OPCs) for FY 2021-22 (AY
    2022-23)
  • Last day to file an income tax return for AY
    202223
  • Documents required to file ITR
  • How to file ITR in online mode
  • Conclusion
  • What is ITR filing?
  • All taxpayers are required to report their
    taxable income from all sources on a form known
    as an income tax return, or ITR. In addition, the
    taxpayer is required to list on the IT Return
    Form any appropriate deductions and taxes, if
    any. Filing ITR Online, also known as Income Tax
    Return, is the process of submitting this form to
    the Income Tax Department. No matter the
    Accounting Year that the taxpayer has
    authorized, you must submit a Revenue Annual Tax
    Return (i.e., April to March).
  • Due dates Companies (Private Limited Companies
    OPCs) Department ITR Filing for FY 2021202 (AY
    2022-23)
  • For businesses who do not need an audit T, the
    ITR for FY 20212022 must be finished by July
    31, 2022.
  • For businesses that must be audited, the ITR
    application deadline for FY
  • 202122 (AY 2022-23) is October 31, 2022.

3
  • The Tax Audit Report must be submitted by
    September 30, 2022.
  • Last day to file an income tax return for AY
    202223
  • By 30 November 2022, the Income Tax Return by
    Assessor must be finished and submitted by
    Section 92E.
  • Section 92E of the Last Year Act 202021
    stipulates that a Report from the
  • AuditorGeneral must be issued by a person
    engaging in an international transaction or a
    specified domestic transaction at least one month
    before the Section 139 deadline for filing a
    refund (1)
  • Documents required to file ITR
  • A few papers are typical when completing an ITR
    even if they vary depending on the source of
    income. Additionally, keep in mind that you are
    not obliged to submit or upload any papers to the
    website rather, it is recommended that you keep
    them on hand so that the necessary information
    may be filled out accurately, saving you time and
    preventing frequent mistakes.
  • PAN Card- When submitting an income tax return, a
    PAN Number is necessary. Your ITR should have
    the same name and date of birth as your PAN
    card.
  • Aadhaar Card-Additionally, the government has
    made
  • using Aadhaar when filing an ITR a requirement
    for all taxpayers.
  • Bank Account Statements- To ensure that you do
    not forget to declare any income in your ITR,
    you only need to locate income, interest on
    savings accounts, etc.
  • Bank Account Details- When completing an ITR, you
    must provide all your bank account information,
    including the IFSC code, bank name, and bank
    account number.
  • Challan Details- It contains information like the
    challan number, BSR code, date, the amount of
    advance tax or self-assessment tax payment, etc.

4
  • Original Return/Notice-The information from the
    original return and the information from the
    notice must be filled out if someone is filing an
    amended return or a return in response to the
    notice they received.
  • How to file an ITR Online
  • Visit the official income tax website,
    incometax.gov.in, log in with your information
    using the PAN or Aadhaar number as your user ID,
    and then follow the step-by-step instructions to
    finish the ITR in 100 digital mode. guide
  • Login to incometax.gov.in, the government's
    official website for income taxes
  • Select Income Tax Return under E-file
  • From the menu, choose "File Income Tax Return"
  • Choose the fiscal year 202122
  • Select "Online" under "Mode of Filing
  • On the landing page, under "Application Status,"
    choose "Individual" on the ITR-1 form.
  • Press "Let's get started"

5
  • Go to the Restore Summary option and make sure
    that each of the five tabs is visible and
    validated there. Click "Continue" for the tax
    summation tab after verifying the first five tabs
  • View a personal tax summary (no refunds) under
    the tax summary tab
  • After that, select the announcement tab, complete
    the necessary fields, and select "Preview
    Restore".
  • After confirming that the information entered is
    true and correct, one must select "Continue to
    verify". If there is a mistake, one can edit the
    data by using the "Edit" option and
  • Once an individual's ITR has been satisfactorily
    verified, that individual must confirm their tax
    return. The taxpayer may submit this
    electronically using Aadhaar OTP, net banking,
    etc., or they may print an ITR-V on their own,
    sign it, and mail it to the CPC, Tax Department,
    Bengaluru, within 120 days after ITR e-filing.
  • How ITR Filing Course Can help you to save Taxes
    in saveral ways
  • Save Tax on Rent Receipt
  • Save Tax on Donation
  • Save Tax on House Loan
  • Save Tax on Books Purchase
  • Save Tax on Transport Allowance
  • Save Tax on Medical Reimbursement
  • Save Tax on Health Insurance Premium
  • Save Tax on Interest on Education Loan

6
taxes might help simplify this process. Enroll in
Our Income Tax Certification Course to learn
more.
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