Filing your Income Tax Return online is effortless, Know With Graphics

Section 139 of the Income Tax Act, 1961 made the filing of Income Tax Return mandatory for individuals who earn money from any source. Over the last few years, filing income tax returns online has become easier and assessees can do it on their own without the intervention of intermediaries, like a CA or a tax consultant. An assessee can file their income tax return by logging on to the ITR e-filing portal using a valid permanent account number, or PAN. After logging on to the e-filing portal, one can access and select ITR forms on the basis of your income sources and eligibility. ITR-1 is for salaried individuals with income from salary, house property, and other sources covered under Form 16. Assessees will get a pre-filled ITR form on which necessary changes can be made on the basis of Form 16 received from the employer.