Guid to fill ITR Yourself

Disclaimer:

Flow the blog with your own risk!!!

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Information about Income Tax Return E-Filing can be found here.

----------------steps to the e-filing----------------
1. Get all Form-16 from the Employers.
2. Create an account at Income Tax e-Filing Website.
3. Download ITR-1 for A.Y 2009-10 from here.
4. Fill up the form with information provided in Form-16.
   a. ITEM 1 -> ITEM 6 from Form-16 (Add all).
   b. ITEM 4 -> ITEM 9 from Form-16 + Savings not in Form-16 (Add all).
   c. ITEM 4m -> Copy from the same sheet
Give ITEM 7 from ITR-1 to Income tax calculator.
   d. ITEM 8a -> Total income tax - Education cess - SHEC

Ex:- for 5,00,000/- the total income tax is 56,650/-, Education cess is 1,100/- and SHEC is 550/-. Here tax payable of aggregate income is 55,000/-(56,650 - 1,100 - 550).

   e. ITEM 9c -> Education cess + SHEC
5. After filling up the form, Generate tax return XML.
6. Submit the ITR without digital signature for A.Y 2009-10.
7. Take printout of acknowledgment/ITR-V Form.
8. Post the signed ITR-V to Income Tax Department.

Form ITR-V to be mailed in a A4 size envelope BY ORDINARY POST ONLY to “Income Tax Department – CPC, Post Box No – 1, Electronic City Post Office, Bangalore – 560100, Karnataka” within thirty days after the date of e-filing of return. No Form ITR-V shall be received in any other office of the Income-tax Department or in any other manner.

No supporting shall be attached with your IT return. Simply fill up your ITR-1 and file. As per the instructions, any attachments(including Form-16) with ITR will be returned back to the assessee by the Dept. across the counter. However, keep all your additional savings details in your record for filing with Dept. as and when called for

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Reference:
http://www.investmentyogi.com/cs/forums/t/290.aspx
http://www.rediff.com/money/2007/jul/06tax.htm
http://www.pankajbatra.com/2009/06/27/file-income-tax-return-online-yourself