What is E-filing

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What is E-filing
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E-filing

• What is E-filing ? E-filing is an abbreviation
  for electronic income tax filing. E-filing is the
  process of electronically filing your income tax
  returns online for a specific year. This means
  you no longer need to physically visit the
  nearest Income Tax Department office to file your
  returns. Instead, you log on to the internet and
  complete the task. 
• The process of submitting tax returns over the
  internet using tax preparation software that has
  been preapproved by the relevant tax authority,
  such as the U.S. Internal Revenue Service (IRS)
  or the Canada Revenue Agency, is known as
  electronic filing.

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Some easy steps that tell you how to file income
tax online

• Step 1 Get yourself registered
• You must first register on the Income Tax
  Department's official website before you can
  e-file your taxes. You must provide information
  like your name, birthdate, and PAN number in this
  field. Your PAN will serve as your user ID, and
  you can choose your password.
• Step 2 Select a way to e-file
• There are two ways to submit your returns online.
  First, download the crucial form, complete it
  offline, and then upload it to the website later.
  The alternative is to select fast e-file and
  complete the form online.
• Step 3 Select the form you require
• Depending on your occupation and your income,
  there are numerous sorts of income tax return
  forms. For instance, those who receive a salary,
  pension, or income from a property or other
  source must complete an ITR-1 form, whereas those
  who receive capital gains must complete an ITR-2
  form. Select the crucial form accordingly.
• Step 4  Keep your documents handy
• You will need your PAN card, TDS certificates,
  Form 16, investment information, insurance
  paperwork, and loan papers in order to file taxes
  online. You must reveal the worth of all of your
  assets if your income exceeds a certain
  threshold. As and when needed, you can upload
  scanned copies of these papers online.
• Step 5  Upload and Submit
• After accurately filling out all the fields,
  upload your form to the Income Tax Department's
  website. You must upload the XML file and then
  submit your form if you filled it out offline.
• Step 6 Verify your ITR (Income Tax Return) V
• Your form will create a unique number after you
  submit it. An ITR (Income Tax Return)-V will be
  prepared and sent to your registered email ID if
  you did not submit using a digital signature.
  Within a 120-day period, you have the option of
  mailing or electronically verifying the signed
  ITR-V (Income Tax Return). Only after your ITR
  (Income Tax Return)-V has been verified is your
  tax filing process finished.

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Thank You