Keep these things in mind while filing ITR, you will not get worried

ITR Filing: The Income Tax Department has issued the form for filing income tax return for assessment year 2024-25 (AY25) i.e. financial year 2023-24 (FY24). Returns have been filed so far by a large number of people. The Income Tax Department has made the process of filing returns quite simple. In such a situation, if you do not have many transactions then you can easily pay your taxes sitting at home. Let us tell you that if your annual income is more than Rs 2.5 lakh, still you do not file income tax return, then you may have to pay a penalty for it. To avoid any problem, income tax return should be filed.

What papers will be needed

If you are filing your income tax return, then first of all you should remove your PAN card, Aadhar card, bank account number, investment details and related receipts, and Form 16 or Form 26 AS and keep them at one place. One thing to keep in mind is that this year the Income Tax Department has made it mandatory to match the data with AIS. To avoid any problem in future, download AIS in advance.

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How to file your income tax return

• First of all go to the official website of Income Tax Department www.incometax.gov.in/iec/foportal.
• Now you have to login to the site by entering your user ID and password. Keep in mind that if you have not created an account then create an account first.
• When you login, you will see the option of e-file. You just have to click on it.
• You will see the option of Income Tax Return, click on it.
• Now a new page will open in front of you. Your PAN number will be pre-filled on this page. You just need to fill your assessment year, ITR form number and original/revised return.
• After this you will have to click on the option of Continue.
• A page will open on your screen, fill all the details asked on it.
• After filling the details, a page will open in which you will be given all the details of tax paid and verification. You just have to choose the best option according to you.
• Keep in mind that you should check the form completely before submitting it.
• Now you have to do your E-Verification. An OTP will be sent to your number. You just have to enter your OTP and you are done.