Income Tax Return Filing - with form 16 - without form 16 and Tax saving options

Every year after march month we all starts searching for how to file a income tax what is form 16 what is 80c,80d ,80u section how to save tax etc etc so here i am going to tell you step by step how you can file the tax return and how you can save tax while filing the investment
First thing if you fall in below category you must file ITR.

Clear tax

so first thing i am going to tell you with form 16 this form 16 you will be getting from your company in the month of June july so first thing is you need to keep this ready .you can use below clear tax link to directly visit website to file ITR it is totally free you need to select the upload form 16 pdf option and upload this by putting date of birth and proceed next if you have changed your job it will again ask for your another form 16 you need to upload it no necessary in serial order.

Link Required to register first :

1. ClearTAX link

Below are the list of Section in which if you have made any investment you can mention and decleare it while filing the ITR.
like 80 C - if you have any investment like lic,PPF, elss etc : max upto Rs 1.5 lakh your total income
80ccc- if you have taken any health coverage or insurance
80CD : towards NPS
80CG: if you are paying house rent (Max 1 lakh you can declare without Land lord PANCARD)
80E : If you have any education loan
80EE: interest rat earned on deposit.
from the image you can clearly understand that what those section are for and can wisely made the decision based on you limit.

Also in a mean while you need to visit gov of india website and create you account by linking aadhar and pancard

2. Government of India ITR website

Again after filling complete details on clear tax website you need to go and verify the return make sure you filled all the details.

After completion of ITR on ClearTatx you need to visit below revenue department website to verify the data.

E verify GOVT website

After completing everything you will get acknowledgement no from clear tax you need to wait for some day 7-10 days and income tax department will send you the mail that they have received the ITR and from month of August you will starts getting your return if you fall in income tax slab and amount got deducted as tax.

So this time you made a mistake and learned how to file ITR this is going to help you in future save time and think about future investment.
you can follow link to open account in Zerodha and start investment and trading. that for making wise decision as we all understand the power of compounding.
if you have any queries you can contact me : sumitperkin@gmail.com

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