Recently, the Income Tax department announced via Twitter that the Central Board of Direct Taxes has granted one-time relief for verification of the e-filed Income Tax Report (ITR). This is for the Assessment Year 2020-21. The online filing of the Income Tax Return is known as e-filing.
CBDT offers one-time relief for verification of electronic-filed ITRs (AY 2020-21) that are pending due to nonsubmission ITR-V forms or pending verification,” Income Tax India tweeted.
On consideration of difficulties reported by taxpayers/stakeholders due to Covid & in e-filing of Audit reports for AY 2021-22 under the IT Act, 1961, CBDT further extends due dates for filing of Audit reports & ITRs for AY 21-22. Circular No. Circular No. 01/2022, dated 11.01.2022 was issued. pic.twitter.com/2Ggata8Bq3
— January 11, 2022 Income Tax India (@IncomeTaxIndia).
You will need an account to e-file the ITR. After creating an account, you will be able to log in and continue with the filing process. This is how it works.
For AY 2021-22, how to file an income tax return via the e-filing portal
- Go to the Income Tax E-filing Website and click the “Login” button.
- Enter your username and password to log in to the portal
- After logging in, click the “efile” tab and select “File Income Tax Return” from the drop-down menu.
- Click on “Continue”, select the Assessment year you wish to use, and then click on “Continue”.
- Choose “online” as the filing method and “individual” for the “Please choose the status applicable” category
- Choose the ITR type that best suits your needs
- Select the correct reason to file the return above the exempt limit.
- Enter your bank details
- Take the time to read the summary of the income tax returns and correct any errors.
- You must then verify your returns and submit a copy to the Income Tax Department. This step cannot be skipped in any circumstance.