How to activate efiling user ID?
Step 1: Go to the e-Filing portal homepage and click Login. Step 2: Enter your Aadhaar in the Enter your User ID textbox and click Continue. Step 3: Select OTP on mobile registered with Aadhaar after confirming your Secure Access Message and click Continue.
Login to e-Filing portal by entering user ID (PAN), Password, Captcha code and click 'Login'. Click on the 'e-File' menu and click 'Income Tax Return' link.Choose any one of the following option to verify the Income Tax Return:
What is the minimum amount for ITR filing?
The individual must file an ITR if the sum of their professional gross revenues for the preceding year exceeded Rs 10 lakh. A tax return for the year must be filed if TDS or TCS totaled Rs 25,000 or higher. This rule will apply to senior citizens if their combined TDS or TCS is Rs 50,000 or greater each fiscal year.29-Jul-2022
While it is advisable to file ITR on or before 31st July 2022 if one's annual income is above ₹2.5 lakh, it is also advisable for those whose annual income is below ₹2.5 lakh under certain circumstances. If an earning individual has incurred losses from the stock market, mutual funds, properties, etc.20-Jul-2022
How do I check my e-filing status?
Step 1: Go to the e-Filing portal homepage. Step 2: Click Income Tax Return (ITR) Status. Step 3: On the Income Tax Return (ITR) Status page, enter your acknowledgement number and a valid mobile number and click Continue. Step 4: Enter the 6-digit OTP received on your mobile number entered in Step 3 and click Submit.
For users e-fiing into India's Income Tax Department (www.incometax.gov.in), their system unlocks your account after five (5) unsuccessful log in attempts. You will want to call their helpline number to unlock it.05-Aug-2021
How do I fill in Efiling?
Registration Process
An OTP will be sent via SMS to your mobile number. Enter the OTP in the required field and click on validate. On successful validation, you will be asked to enter your new password and confirm it. After successful submission of your new password, you can login to your account on the e-filing website.16-Aug-2018
Do I need to file ITR if no income?
Taxpayers also need to file a nil return even if their income is below the exemption limit, if total sales, turnover, or gross receipts of their business exceed Rs 60 lakh; total gross receipts from profession exceed Rs 10 lakh; the aggregate of tax deducted at source (TDS) or tax collected at source (TCS) is Rs 25,000 14-Jul-2022
Non-filing of ITR can lead to imprisonment, where the term can vary between 3 months and 2 years. Non-filing of ITR can lead to imprisonment, where the term can vary between 3 months and 2 years.
Who is exempt from filing ITR?
If you are a resident of India and were 75 or older the year before, that is, in FY 2021–2022, you are exempted from filing an ITR.22-Jul-2022
An individual must file his return if total sales, turnover, or gross receipt of the business exceeds Rs 60 lakh during the previous year. An individual shall file his return if the total gross receipt of the profession exceeds Rs 10 lakh during the previous year.23-May-2022
Does housewife need to file ITR?
If the total investment income from all sources exceeds Rs 2.5 lakh in a financial year, you will need to file your ITR. The exemption limit is Rs 3 lakh for homemakers above 60 years and below 80 years of age, and Rs 5 lakh for those above 80 years.08-Sept-2021
ITR status shows the current status/stage of your filed ITR. Once your ITR has been filed, you may check if it has been accepted and processed by the Income Tax Department.
When ITR refund will come?
The time taken for income tax refund is usually 20-45 days after ITR has been processed, provided that you have filed your income tax return and verified the same on time. However, if the amount that is to be received is less than Rs 100, the income tax department does not credit it to your bank account.05-Aug-2022
Tax refund process
How do I reset my SARS eFiling profile?
To reset both your Username and Password on eFiling you need to recover your Username first before you can reset your Password:
Income from salary is the sum of Basic salary + HRA + Special Allowance + Transport Allowance + any other allowance.How to calculate income tax? (See example)
Which ITR is for salaried person?
Thus, if a salaried individual has income from salary and capital gains, then he/she will be required to file an income tax return using the ITR-2 form.18-Aug-2022
ITR-1 can be filed by a Resident Individual whose: Total income does not exceed ₹ 50 lakh during the FY. Income is from salary, one house property, family pension income, agricultural income (up to ₹5000/-), and other sources, which include: Interest from Savings Accounts.
What is the last date to E Verify ITR?
After filing an income tax return (ITR), the next step is verification. While the last day to file ITR without penalty ended on July 31, the deadline to e-verify it will end this month. Earlier, the income tax department allowed 120 days to e-verify ITR. However, this has been reduced to 30 days now.26-Aug-2022
How to activate efiling user ID?