How Do you File Income Tax Returns?

Invest In Tax Saving Mutual Funds Online

Download Tax Saving Mutual Fund Application Forms

Buy Gold Mutual Funds

Call 0 94 8300 8300 (India)

 

 

·         You have to first visit the website incometaxindiaefilling and register yourself.

·         After registering yourself login using your User ID and Password.

·         In order to get an idea of the taxes you have paid you have to check Form 26 AS after providing your assessment year (A.Y.2014-2015) ,Date of birth and security code. You can then compare Form 16 and Form 26 AS. Generally the amounts in these forms tally. However if they do not tally and you have paid an excess amount you can claim a refund.

·         Click on the download option .Select your Form ITR 1 or ITR 2. If you have tax exemptions over INR 5000 per month then you will have to choose ITR 2 to file your tax returns.

·         You then have to extract the Excel file from the downloaded ZIP File. You have to enable Macros in this Excel file. The applications work only on these kinds of files.

·         You have to fill the Excel file with all relevant details such as your income details, tax details and also the necessary bank details. Once you fill this information click on "Generate Tab". Have a look at the Pre-XML sheet and after verifying all the relevant data click the "Save XML "option.

·         You have to ensure that you are logged in to the income tax website and submit returns under the Assessment year 2014-2015..(A.Y. 2014-2015)..You can then use your digitally signed file if you have a digital signature. Your tax filing process in now complete and you can get the ITR-V acknowledgement sent to your email id.

·         If you do not have a digital signature then you have to download your ITR-V acknowledgement and sign the copy. You then send a signed copy to "Income Tax Department-CPC , Post Bag-1,Electronic City Post Office,Bangalore-560100.Karnataka.You have to send the ITR-V signed acknowledgement copy within 120 days after submitting the excel file. This document has to be sent only through normal post or speed post.

Happy Investing!!

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Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

1. ICICI Prudential Tax Plan Invest Online
2. HDFC TaxSaver Invest Online
3. DSP BlackRock Tax Saver Fund Invest Online
4. Reliance Tax Saver (ELSS) Fund Invest Online
5. Birla Sun Life Tax Relief '96 Invest Online
6. IDFC Tax Advantage (ELSS) Fund Invest Online
7. SBI Magnum Tax Gain Scheme 1993 Invest Online
8. Sundaram Tax Saver Invest Online
9. Edelweiss ELSS Invest Online

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Best Performing Mutual Funds

1. Largecap Funds Invest Online
1. DSP BlackRock Top 100 Fund
2. ICICI Prudential Focused Blue Chip Fund
3. Birla Sun Life Front Line Equity Fund
2. Large and Midcap Funds Invest Online

1. ICICI Prudential Dynamic Plan
2. HDFC Top 200 Fund
3. UTI Dividend Yield Fund
2. Mid and SmallCap Funds Invest Online

1. Reliance Equity Opportunities Fund
2. DSP BlackRock Small & Midcap Fund
3. Sundaram Select Midcap
4. IDFC Premier Equity Fund
3. Small and MicroCap Funds Invest Online

1. DSP BlackRock MicroCap Fund
4. Sector Funds Invest Online

1. Reliance Banking Fund
2. Reliance Banking Fund
5. Tax Saver MutualFunds Invest Online
1. ICICI Prudential Tax Plan
2. HDFC Taxsaver
3. DSP BlackRock Tax Saver Fund
4. Reliance Tax Saver (ELSS) Fund
6. Gold Mutual Funds Invest Online

1. Relaince Gold Savings Fund
2. ICICI Prudential Regular Gold Savings Fund
3. HDFC Gold Fund