What is the process of filling your income tax return

Income tax return or ITR can be filled in two ways;

  1. Online filling of income tax return i.e. filling electronically
  2. Manual filling of IT return i.e. filling in paper format

After filling your IT Return online the server of IT department generates an acknowledgement which can be printed by the tax payer. If IT Return is filled with digital signature of the tax payer then there is no need of sending the acknowledgement (ITRV) to Income tax CPC, Bangalore office. Other wise a copy of the acknowledgement has to be sent with the signature of assessee.What is the process of filling your income tax return

The date of transmitting data electronically to the IT site while efilling your return will be the date of filling your tax return only if the ITRV has been received by the income tax CPC office in time and in proper format.

If the assessee has decided to file a revised return then it has to be filled in the mode or the way the original was filled earlier. If the original was filled electronically then the revised return has also to be filled electronically otherwise it has to be filled with income tax manually.

In case of a defective return the CPC shall intimate the assessee and the person has to comply to the intimation within the date specified there in. In failure of replying to the intimation, department many declare a return not having been uploaded at all or process is based on the information available with them.

After processing your return, the IT department if found everything ok then, generate intimation and will send it to your given email id specifying the sum due or refund due.

In case of a rectification of mistake, an application has to be filled with the IT department electronically in the specified format and should be processed in the same manner as IT return has been processed.

Editorial Staff at Yourfinancebook is a team of finance professionals. The team has more than a decade experience in taxation and personal finance.