A complete guide to filing your I-T return

As the last date for filing income tax return for individuals, Hindu undivided families and other non-corporate assessees — July 31 — approaches, it is time to scurry around to arrange for the requisite documents and make several calls to their tax consultants.

For the financial year 2009-10, individual assesees with income from salary or pension, one house property and income from other sources are required to file their tax return in ITR-1 (form Saral-II).

ITR-2 will be applicable to salaried assessees who have also made some capital gains or own multiple house properties.

You can complete the process either by seeking the assistance of a chartered accountant, through the I-T department’s website (www.incometaxindiaefiling.gov.in) or portals (like TaxSmile, TaxSpanner etc) that promise to simplify the e-filing process further.

If you decide to opt for the I-T department’s website, there are a few points — some dos and don’ts — that you need to bear in mind while filing your I-T returns.