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How to efile Income tax return 2020-21 on new Portal ?

income tax return efiling 2020-21
A new website site for e-filing www.incometax.gov.in has come into effect from 7th June 2021. It is different from the portal already used for e-filing in many ways with its new features.

Income Tax Portal: Whats New ?

In the new website, while we scroll, new facilities like ‘our services' can be seen. There are also links for linking Aadhaar and PAN, e-verification, tax e-pay, applying new PAN and correction. Tax related videos can be found in ‘Things to know’ just below it. Register link for new registration and login link for those who have already registered and got password are also there.
 
Income Tax New Portal

Things to Remember before efiling Income Tax Return 2020-21 

Linking Aadhar number with PAN

Linking Aadhar number with PAN is a process that will save the government of India a lot of time. It will also save the taxpayers from standing in long queues to get their taxes done.

The linking process is supposed to be simple and it should not take more than a minutes for an individual to complete.

Linking Aadhar with PAN

Step 1: Visit Income Tax India e-portal or Click here

Step 2: Go to Home->Link Aadhar

Step 3: Fill the details PAN,Aadhar Number,  Name as per Aadhar, Mobile Number

Step 4: Then click Link Aadhar


Submission of 10 E before efiling

One of the most widely misunderstood aspects of Income Tax is the issue of tax liability. The majority of people wrongly assume that they are only liable to pay tax on income they receive from their employer. This is not true.

You are liable to pay tax on your income from all sources, such as savings, investments, rental property and self-employment. Liability for most types of income is calculated by adding up what you have earned in a year and determining the amount that falls into each category. 

The Video Tutorial by  Alrahiman explains the process of submitting 10E

 

Pre-validation of Bank Account

To validate the Bank account, follow the steps

Step 1: Go to Dashboard

Step 2: Select My Profile->Bank Accounts
 

How to Download Form 26AS

To download Form 26 AS, follow the steps given below

Step 1: Visit the Income Tax Portal

Step 2: Go to Services Menu

Step 3: Select View Form 26AS

download form 26AS

How to Download Form 16

Form 16 is the certificate of deduction of tax at source and issued on the deduction of tax by the employer on behalf of the employees. These certificates provide details of TDS for various transactions between the deductor and the deductee. It is mandatory to issue these certificates to taxpayers.

Step 1: Visit Traces Portal https://www.tdscpc.gov.in/app/login.xhtml

Step 2: Go to Downloads menu

Step 3: Select Form 16

 

EVC Generation for e-verification

To generate Electronic Verification Code(EVC), Follow the steps below:

Step 1: Login to Income Tax Portal

Step 2: Go to Services menu

Step 3: Select Generate Electronic Verification Code 

Income Tax e-filing in new Income Tax Portal- Download eBook

E-filing has been made easy now with the introduction of detailed Malayalam tutorial. The PDF help file with clear details on mode of filing to be selected, validation of pre filled form, adding bank details, verifying deductions, verification of tax liability details, confirmation of submission of Returns etc. and examples would enable the IT payers to understand the e-filing method so that use it properly and independently without any difficulty. Click the link below to download the PDF file prepared by Dr. Manesh Kumar and Mr. Sudheer Kumar.
Income Tax Return 2020-21
A Handbook on Income Tax e-filing(Malayalam) 2020-21 by Dr.Manesh Kumar E
e-filing of Income Tax Return 2020-21-Malayalam tutorial by Sudheer Kumar T K

Income Tax efiling in New Portal-Malayalam Video Tutorial by Alrahiman

This detailed video file was prepared by Sri Alrahiman to make the e -filing process easy and user friendly. It clearly picturises on how to proceed with each step. 
 
The first video is to introduce the revised e-filing portal of the Income Tax Department. This video helps to understand the overall structure of the changed website.
 
 

They've made a whole lot of changes to the e-filing portal this time around. The following is a video tutorial that shows all these changes in detail. To get started, click on the link below

CMDRF Donation Details 

Name of Donee: Chief Minister’s Disaster Relief Fund 

Address: Govt of Kerala 

City or Town or District: Thiruvananthapuram 

State code: Kerala 

Pincode: 695001 

PAN of Donee: AAAGD0584M or GGGGG0000G

Then Select Donations done by other mode

 

 

e-filing of Income Tax Return 2020-21: Dates to remember

The last date for Income Tax Returns filing for the financial year 2020-21 has been extended to 31st of December 2021.

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