e-Filing of income tax is quite simplified process. This blog will help you to file own IT returns online with ITR-1 form for Assessment Year 2018-19 (Financial Year 2017-18). Last Date: 31st August 2018. This year penalty of Rs 1000 to Rs 5000 has been introduced for filing returns after the due date but before 31st Dec 2018 and Rs 10000 post 31st Dec 2018. ITR-1 form is applicable if you have income from following sources: Salary House rent / loan Interest on saving bank account / FD Agriculture income less than Rs 5000 Shares dividend + Other non taxable income Prerequisites for e-filing Form 16 Form 26AS (refer Step 4 below) Interest from saving bank account / FD Any investment that is not declared with company or not reflected in Form 16 Follow below steps to e-file your IT Returns (click on pictures to enlarge) Step 1 – Get Form 16 from your employer Step 2 – Register yourself at site https://www.incometaxindiaefiling.gov.in/home Step
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