Sunday, July 22, 2012

Know your PAN

Some times you have to get your PAN number or get the details of First Name/Father's name as given in PAN.

These services are already present in the income tax government website. You can Know you PAN details by just going through this link - Know your PAN which will open the screen as shown below.
When you just know your surname you can go through this link and give your DOB and surname to get the complete PAN details. This will give you your PAN number if you have forgotten it. Please note that, it is illegal to have two PAN numbers associated with your name.

Know your PAN page from income tax government website
Know your PAN
After submitting your Surname and Date of Birth, your PAN details will be shown to you similar to the screen below.

PAN details screen from government website.
Your PAN details

This will really come in handy if you need to reset your password and you want to know the correct name as entered in PAN or want to know your PAN number immediately.
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Tuesday, July 17, 2012

How to e-file your income tax returns

Income tax returns can be easily filed online for free with the help of government's income tax website. This can be done even if you don't have any digital certificate.

Follow these simple steps:
1. Go to the income tax website.
Income tax india e-filing home page.

2. Register using the above link. The username will always be your PAN number. If it says you have already registered and you haven't done so, then you might have to call the income tax department to get it resolved. This can happen only if you have given the details to another person for filing your income tax return.
3. Once you have registered, download the relevant ITR form. Use this link. Fill the excel file by following the instructions downloaded. This would ask you to enable macros. The instructions will be present as a README file when you download.
4. Validate the sheet and create XML using the macro buttons available in the excel sheet. This will create the xml file in the same location of the excel sheet.
5. Click on the Select Assessment year as shown in the below screen to upload the XML you created.

The image from the income tax india efiling website for showing how to upload XML.
File your returns online

6. If there is no Digital certificate, select No in the above screen and upload the XML file after selecting the corresponding ITR in this screen. If you have a digital certificate, your returns are filed. Otherwise, you have to send to the CPC, Bangalore address mentioned in the screen to complete the filing of returns. You can send the ITR-V generated within 120 days after filing your returns online.

It has become now mandatory for those who earn more than 10 lakhs to file their returns online.