Benefits of Ontime ITR Filing
ITR filing is a good practice for any earning individual (with taxable/non-taxable income) to get these benefits
Learn about ITR E-filing
Step-by-step and comprehensive guide to E-filing Income Tax Return, and Calculate your Income Tax for FY 2019-20 years
Step-by-Step guide on how to file ITR Online Process
Step-by-step and comprehensive guide to E-filing Income Tax Return with MyITROnline for FY 2019-20 years
Visit the e-filing website MyITROnline.com
You’re a happy person as you make an income. Let us make you happier with the best assistance in timely e-filing your tax return. Once you’re here, we’ll make it easy for you!
Register or Login to e-file your ITR Online
Filing your tax return on time is a MUST TASK for you, if:
- your annual income is more than INR 2.5 lakh (threshold value of taxable income).
- you’re a senior citizen between 60-80 years with annual income more than INR 3 lakh.
- your income exceeds INR 5 lakh, e-filing is the only option at that time.
- you wish to claim a refund of excess TDS deduction.
Documents needed to e-file your ITR
The essential tax documents that you should keep safe for e-filing are:
- Form 16/16A (for income, allowances, deductions, TDS details, etc.).
- Form 26AS (for TDS and Advance Tax information).
- Bank Account Information.
- PAN and Aadhaar Card Information.
No proof for any declaration is needed in ITR filing (it’s an annexure-less filing), yet keep your income and tax related documents secured and well-maintained.
Upload your Form 16/File Information Online
To make your e-filing easy website MyITROnline.com, we’re giving you option of uploading your Form 16. Else, fill your e-filing information manually as asked.
Basic details must be filled up
Provide your basic details, such as, Name, Current Address, Bank Account Number mobile no, etc. as asked to e-file your ITR.
Claim missed out deductions 80 C and others
Make sure to claim the deductions for which you’re eligible. In case, you’ve missed to declare any deductions as per Section 80 of IT Act in Form 16, you’ll get option to make a claim for it in our website MyITROnline.com portal.
Pay additional e-Tax
Before e-filing your ITR Return for a FY, submit your tax payment and clear all the additional charges, outstanding tax dues, fines, etc. positively before ITR submission deadline (July 31st) to secure yourself from any more extra charges/penalties that may be levied by IT Department with your delay.
Check all the details and e-file your ITR
Before e-filing submission, double check all the information that you’ve provided in your ITR Return.
Get your 15-Digit Acknowledgement Number, once your e-filing is successful! It’s a MUST for you. It’ll be mailed to you from our portal as well as from IT Department.
E-verify your income tax return
You MUST VERIFY your ITR Filing within 120 days, otherwise, it’ll be discarded. Send your 1 page ITR-V confirmation receipt to CPC Department, Bangalore by post. Else, get our assistance to e-verify the same. E-Verification is made simple through the Net Banking option of Bank Account of Tax Submission.
Track your refund
We’ll give you full assistance in our portal, to track your claimed Refund from the Income Tax Department in your personalised dashboard.
FIND YOUR ANSWER
Frequently Asked Questions
Yes, deducting TDS and filing a tax return are two different things. In fact, you file a tax return to show that you've paid all the tax you needed to pay. The income tax return is also a very useful document when it comes to applying for a loan or visa.
ou can pay tax to the government directly on the Income Tax Department website using your netbanking account with challan 280.
Great question! There are nine forms - ITR 1,4 for each type of tax situation. Honestly, choosing the correct income tax form is a lot of work. Which is why if you are e filing with MyITROnline, we automatically decide the correct income tax return form.
The excess tax paid can be claimed as refund by filing your Income-tax return. It will be refunded to you by crediting it in your bank account through ECS transfer. Don’t make mistakes in mentioning bank details such as account number,IFSC code etc in the ITR form.
You must file your return before the due date, if you have sustained loss in the financial year and if you want to carry forward it to the subsequent year for adjustment against subsequent years positive income. Loss can be carried forward only if you have filed the return claiming such loss before the due date.