E-filing 2.0 for income tax returns is the latest version of the electronic filing system provided by the Income Tax Department of India. The E-filing 2.0 platform offers various benefits, such as pre-filled forms, e-verification, and online payment options. Let us learn the process of eFiling your income tax returns online.
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E Filing 2.0 is an upgraded version of the previous e-filing portal with several improvements.
Some of these upgraded features are as follows:
Enhanced security features
More user-friendly interface
Faster processing times
E-filing 2.0 has become increasingly popular due to its convenience and efficiency, allowing individuals and organizations to submit their paperwork easily from anywhere.
Some features of the E Filing 2.0 portal are mentioned in the table below:
Features | Details |
One-Stop Solution Portal | You can see all the interactions, credentials, documents, and pending activities in a single user-friendly dashboard |
Simplified Registration Process |
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Enhanced Security Features | The portal offers the following security features to ensure the privacy and security of taxpayer data:
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Pre-Filled Forms | The portal auto-populates various details with the required information:
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Quick Processing Time |
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E-Verification of Returns | The portal offers e-verification of returns Eliminates the need for you to physically sign and mail your ITR returns |
Online Payment Options |
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Mobile Compatibility |
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Cost-Free eFiling of ITR | The ease to file ITR online makes it redundant to take the help of professionals to help in eFiling |
Dedicated Contact Centre |
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Here are the steps for registration on the E Filing 2.0 portal:
Step 1: Visit the Income Tax eFiling website - https://www.incometaxindiaefiling.gov.in/.
Step 2: Press the “Register” tab available on the right-hand side of the screen
Step 3: Select your user type as applicable among the following:
Individual
Other than Individual'
Click on the “Continue” button to proceed.
Step 4: Fill in the required details such as:
PAN
Name
Date of Birth
Contact Information: Phone Number and Email ID
Click 'Continue'
Step 5: An OTP will be sent to the registered mobile number and email ID. Enter the OTP to verify your contact information.
Step 6: Set a password for your account and select a security question and answer
Step 7: Fill in your profile information such as your address, bank account details, and Aadhaar number (if applicable)
Step 8: Complete the registration process by clicking the 'Submit' button.
Keep these points in mind for eFiling ITR for FY 2022-23:
Individual taxpayers must calculate their tax from the income from all the sources as per their income tax slab rates.
Consider your Tax Deduction at Source (TDS Online Payment) or Form 26AS and tax deductions under the sections like Section 80C, Section 10(10D), and Section 80EE of the Income Tax Act, 1961.
Select the right ITR form for Salaried Individual Taxpayer
Only ITR 1 and ITR 2 forms are available to file online; other forms are uploaded from offline XML file
If you are a new user, register yourself on the website by following the registration process mentioned in the next section
Step 1: Go to the Income Tax e-filing website at https://www.incometaxindiaefiling.gov.in/
Step 2: If you are an existing user, log in to your account using your user ID (PAN) and password
Step 3: Select the 'e-File' option and click on 'Income Tax Return' from the drop-down menu
Step 4: Select the following relevant details:
Assessment Year 2023-24 (for the Financial Year 22-23)
ITR form name
ITR Form Submission Mode (Online/ Upload XML)
Step 5: Fill in the following required information in the relevant sections of the form:
Personal details
Income details
Deductions
Income Tax Payments
Step 6: Verify the information and make sure there are no errors or discrepancies
Step 7: Click on the 'Preview and Submit' button to review
Step 8: If everything is in order, click on the 'Submit' button to file your Income Tax Return
Step 9: Once the return is submitted, an acknowledgement number will be generated, which can be used for future reference
Step 10: You can also verify your return using any of the following available e-verification options to complete the filing process:
Aadhaar OTP
Net banking
Bank account
Demat account
The eligibility criteria for eFiling on Income Tax Department online ITR portal are listed below:
Particulars | Eligibility Criteria Details |
Eligibility |
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Individual Taxpayers | As per the tax regime selected by the individual taxpayer:
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Age <60 Years and Income < Rs. 60 Lakhs | Individuals who have received any income on which TDS (Tax Deducted at Source) has been deducted Can file ITR through the website of the Income Tax Department |
Senior Citizens | E Filing is to be done if the taxpayer
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Income from Foreign Investments | E Filing is also applicable for individuals who have:
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Here are the documents that are typically required for filing income tax returns:
Particulars | Details of Required Documents |
Mandatory Documents |
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Documents for Salaried Income |
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TDS Documents | Documents for Tax Deduction at Source (TDS) Form 26AS (statement of tax deducted from your income) |
Investment Statements | To avail of deductions from your income tax, the documents from the following investments:
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Capital Gains Documents | Capital gains from the sale and tax paid on the assets such as:
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Home Loan Documents | Provide details of the loan and the interest paid |
The important dates for E Filing Income Tax for the Assessment Year 2023-24 are listed in the table below:
Important Dates | Details |
April 1, 2023 | Start date for the Assessment Year 2023-24 |
June 30, 2023 |
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July 31, 2023 | The due date for eFiling ITR (If Audit Not Required) for:
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September 30, 2023 | Deadline for filing ITR for individuals and HUFs who need to get their accounts audited |
October 31, 2023 | eFiling due date:
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December 31, 2023 |
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You can check your Income Tax Return (ITR) filing status online through the Income Tax Department's official website:
Go to the Income Tax e-Filing website and register yourself: https://www.incometaxindiaefiling.gov.in/home
Login using your user ID (PAN) and password
Once logged in, click the 'View Returns/ Forms' option under the 'Dashboard' menu.
Select the relevant Assessment Year and ITR form number.
Click on the 'Submit' button.
The ITR status of your ITR filing will be displayed on the screen.
If your income tax returns have been processed, you can see your ITR refund status, if any.
Some benefits of using E Filing 2.0 Portal are listed as follows:
User-friendly interface: The new portal has a modern and easy-to-use interface that makes it easier for taxpayers to file their returns.
Mobile-responsive design: The portal is mobile-friendly, meaning taxpayers can access and file their returns from their smartphones and tablets.
Faster ITR processing: The new portal is expected to process returns much faster than the previous portal, meaning taxpayers can expect quicker refunds.
Pre-filled tax forms: The portal will now pre-fill the tax forms with details such as PAN, Aadhaar, and bank account information, making it faster and easier for taxpayers to file their returns.
24x7 Chabot assistance: The portal has a Chabot available 24x7 to assist taxpayers with any queries they may have while filing their returns.
Single dashboard for all services: The portal provides a single dashboard for all services related to Income Tax, including ITR filing, e-verification, and rectification.
The E Filing 2.0 Portal is a significant upgrade over the previous version. It offers faster processing, pre-filled tax forms, 24x7 Chabot assistance, and a single dashboard for all Income Tax-related services.
The portal's mobile-responsive design and online tax payment facility make it easier for taxpayers to file their returns, leading to a more streamlined and efficient tax-filing process.
Visit the Income Tax e-Filing website.
Under the 'Quick Links' section, click on the 'Link Aadhaar' option.
Enter your PAN and Aadhaar number in the respective fields.
Enter your name as per Aadhaar.
If only your birth year is mentioned on your Aadhaar card, tick the box indicating the same.
Enter the captcha code and click on 'Link Aadhaar.’
Your Aadhaar will be successfully linked with your PAN once the verification process is complete.
Visit the Income Tax e-Filing website at https://www.incometaxindiaefiling.gov.in/home.
Under the 'Quick Links' section, click on the 'Link Aadhaar' option.
Click the 'Click Here' option under the 'Check Status of Link Aadhaar' section.
Enter your PAN and Aadhaar number in the respective fields.
Enter the captcha code and click on 'View Link Aadhaar Status.’
The status of your Aadhaar-PAN linking will be displayed on the screen.
After linking Aadhaar with PAN, the linkage status can be checked online on the Income Tax e-Filing website or through SMS.
If there are any discrepancies in the details provided or the linking process fails, the taxpayer will be notified via SMS and email.