File your Income Tax Returns Online in India FY 2020-21
As a taxpayer, it’s your duty to file income tax returns; it’s a great way to save money on taxes. The online method of filing tax returns is easiest way to do so. If ITR isn’t filed, under Income Tax Act, you will be liable to penalties. This method of filing is known as Income Tax Return Filing Online , as it can be done online on the Income Tax Department portal. So, let us discuss the different steps on how to file income tax returns online. How to file your income tax returns online The Income Tax Department has established an online software to fill all the ITR forms. Only the forms ITR 1 and ITR 4 can be filed online without having to download the application in Java or Excel. You need to gather all the relevant documents to file the ITR form online. Your income tax return filing online can be done in the following steps, as mentioned below: Step 1: Go to the income tax e-filing portal . First-time users need to register themselves with their...