17 June 2014
Can someone send me a link or coach me, step by step how to file my IT return on-line? I am an NRI and only have small Interest income and nothing else/much.
I am willing to pay you if you can assist such that I can do this from this point forward.
Before you start the process, keep your bank statements, Form 16 issued by your employer and a copy of last year's return at hand. Next, log on to www.incometaxindiaefiling .gov.in. Follow these steps:
Step1: Register yourself on the website. Your Permanent Account Number (PAN) will be your user ID.
Step2:View your tax credit statement — Form 26AS — for the financial year 2012-13 . The statement will reflect the taxes deducted by your employer actually deposited with the I-T department. The TDS as per your Form 16 must tally with the figures in Form 26AS. If you file the return despite discrepancies, if any, you could get a notice from the I-T department later.
Step 3: Under the 'Download' menu, click on Income Tax Return Forms and choose AY 2013-14 (for financial year 2012-13 ). Download the Income Tax Return (ITR) form applicable to you. If your exempt income exceeds Rs 5,000, the appropriate form will be ITR-2 . If the applicable form is ITR-1 or ITR 4S, you can complete the process on the portal itself, by using the 'Quick e-file ITR' link.
Step 4: Open the downloaded Return Preparation Software (excel utility) and complete the form by entering all the details , using your Form 16.
Step 5: Ascertain the tax payable by clicking the 'Calculate Tax' tab. Pay tax (if applicable) and enter the challan details in the tax return.
09 July 2014
Many thanks Rupesh for your prompt reply. Could I call you in India some day? Which state are you located in? Also could I have your contact details? I appreciate your reply.
Please stand by for further discussion on this subject. Perhaps you can help me going forward.
CAclubindia
