PART - 4

LET US FILE THE RETURN

HOW TO FILE ITR1 SAHAJ IN THE NEW INCOME TAX EFILING SITE ?
1. GO TO NEW INCOME TAX E-FILING WEBSITE
A new e-filing website of income tax department e-filing 2.0 is open for public. You may now
visit the website https://www.incometax.gov.in/iec/foportal
2. IF REGISTERED ALREADY, LOGIN USING YOUR PAN NUMBER AND PASSWORD (OLD
PASSWORD USED IN THE EARLIER SITE IS VALID HERE ALSO). OTHERWISE REGISTER WITH
YOUR PAN NUMBER
Use your PAN Number as your user ID . The old password you were using in the earlier
site will continue to be your password .
3. Link PAN and Aadhaar, if not already linked
4. Pre-validate at least one bank account and nominate it for refund (recommended)
5. Link your mobile number with Aadhaar / e-Filing portal / your bank / NSDL / CDSL (for e-
Verification)
6. Income Tax forms would be prefilled by the Income Tax Department from the FY 2020-21
onwards. All you have to do is to verify the correctness of data before submitting. The form
has 25 sections and you have to verify the data in each sections.

How to proceed for the IT returns on the e-filing website ?

a. Log in to the e-Filing portal using your user ID (PAN Number) and password.
b. On your Dashboard, click e-File > Income Tax Returns > File Income Tax Return.
c. In the next screen, Select Assessment Year as 2021 – 22 and click Continue.
d. In the next screen , Select Mode of Filing as Online and click Proceed.
e. You may select ITR1 FORM, IF IT IS APPROPRIATE TO YOU .
f. Once you have selected the ITR applicable to you, note the list of documents needed and
click Let’s Get Started.
g. In the next screen, Select the checkboxes applicable to you and click Continue.
h. Review your pre-filled data and edit it if necessary. Enter the remaining / additional data
(if required).

SELECT BETWEEN OLD AND NEW TAX REGIMES

No Yes While filing IT Returns, there is a question: Are you opting for new tax regime u/s 115
BAC ?

Before filling just check which is beneficial for you old tax regime with rebates or new simplified
system with lower tax rates and without any rebates. Before answering, check which is beneficial
for you by going to our webpage and finding the answer yourself

IMPORTANT NOTES :
DETAILS TO BE VERIFIED IN ITR1 SAHAJ FOR FY 2020-21
ITR1 Sahaj for FY 2020-21 (AY 2021-22) has 5 sections in it . They are

VERIFY PERSONAL INFORMATION : This section will have following sub-sections :

1 Profile
2 Filing section
3. Are you opting for New or Old Regime ? ( Read below section carefully to note the
implications of your answer )
4. Bank Details – As the Bank name and IFSC codes have been changed, you have to old bank name,
account number and IFSC code and add the new Bank account details.
You need to verify the pre-filled data which is auto-filled from your e-Filing profile. You will not be
able to edit some of your personal data directly in the form. However, you can make the necessary
changes by going to your e-Filing profile. You can edit your contact details, filing type details and
bank details in the form.

VERIFY YOUR INCOME SOURCE DETAILS :

The details of your income already reported by your employers, banks , mutual funds & others
would be pre-filled here from Form 26AS. You have to verify the correctness of the data . If there
are errors , take up with respective organization . if you have any other income , you may add

VERIFY DEDUCTIONS CLAIMED :

If income tax departments knows about your tax exempt investments, for example through Form
16, they would have pre-filled the section. However you may all the deductions & rebates you are
allowed, if deductions are not shown .

VERIFY TAX COMPUTATION :

The section will contain your total income tax liability as computed from the information available
from earlier section .

Click Confirm at the end of each section. There are 5 sections in the form ITR1 SAHAJ
• Enter your income and deduction details in the different section. After completing and
confirming all the sections of the form, click Proceed.
• In case there is a tax liability, You will be shown a summary of your tax computation based on
the details provided by you. If there is tax liability payable based on the computation, you get
the Pay Now and Pay Later options at the bottom of the page.
• It is recommended to use the Pay Now option. Carefully note the BSR Code and Challan Serial
Number and enter them in the details of payment.
• If you opt to Pay Later, you can make the payment after filing your Income Tax Return, but there
is a risk of being considered as an assessee in default, and liability to pay interest on tax payable
may arise.
• After paying tax, click Preview Return. If there is no tax liability payable, or if there is a refund
based on tax computation, you will be taken to the Preview and Submit Your Return page.
• On the Preview and Submit Your Return page, enter Place, select the declaration checkbox and
click Proceed to Validation.
• On the Complete your Verification page, select your preferred option of verifying immediately
or later and click Continue.

E-VERIFICATION OF RETURNS FILED THROUGH E -FILING

Submission of IT Return is not complete without verifying the same.
• Refer to How to e-Verify
• If you select Verify via ITR-V, you need to send a signed physical copy of your ITR-V to
Centralized Processing Center, Income Tax Department, Bengaluru 560500 by normal / speed
post within 120 days.
• Please make sure you have pre-validated your bank account so that any refunds due maybe
credited to your bank account.
• Once you e-Verify your return, a success message is displayed along with the Transaction ID and
Acknowledgment Number. You will also receive a confirmation message on your mobile number
and email ID registered on the e-Filing portal.