Income tax return for salaried employees!

Dear pavel, if you want to file itr for salried employee then download itr1 form income tax site. Check 26as. Then fill is as per the instruction given in itr( I.e fill all red column of itr as these are mandatory) . Double check PAN no. And personal details. Fill it according to form 16. ( if no other income) click on auto calculation for calculating tax. Fill tds area carefully with correct TAN no mentioned in your form 16. Upload it on income tax site by making it XML. Enjoy :)

dear pavel, filing of itr of salaried employee is not so difficult. download excel or java utility from e-filing website. fill all the relevant part of form. check 26as of the assessee for tds details. fill the salary income from form-16 and other incomes, if any. check validity of all sheets and caclulate tax. after generating xml file, upload it on e-filing website.

Thank you experts.. But isnt it itr 2? Instead of itr 1?

ITR1   for salary, One Housing Loan, & Ohter sources Income

I was looking into your query and it might be late to answer but I still thought it might be a gooid idea to give you heads up on the second part of your query (while first one was precisely answered by othr collegues), There are limited options available for salaried person wrt to tax planning. One best option is to invest in various schemes menioned u/s 80C such as  Investment in Life insurance policies (remember not every policy is covered so please make sure you double check before buying), Tax savind deposits,Pension fund etc..This will give you a deduction upto Rs 100000/-, you can also avail deduction u/s 80D upto Rs. 30000 (including insurance for parents), there are other section as well which you can to reduce your overall taxable income.. Post your reply if you are interested in that..

 

Rgds,

Madav