**Definitely one can file his/her ITR without the help of CA**, provided that you are having good knowledge of the Income Tax and certain provisions which are applicable to you being the type of assessee.
But having such huge importance and benefits, it’s always advisable to take the help of experts and file the accurate income tax return because if any is missed out, revised return is to be filed which included number of procedural work and consequences.
We would run you through the entire procedure of filing return, if you want to do it yourselves. But before you start the process, keep a few things handy with you:
Form 16 issued by your employer (in case you are a salaried)
Copy of last year’s return(if any)
Working Internet Connection
Since, you have the checklist ready, now log on to www.incometaxindiaefiling.gov.in and register yourself. Your Permanent Account Number (PAN) will be your user ID.
Now view your tax credit statement, Form 26AS for the details of all taxes deducted and deposited with the IT department. Check and reconcile the statement with your form 16.
Now, under the ‘Download’ menu, click on Income Tax Return Forms and choose the relevant AY and Income Tax Return (ITR) form.
Open the downloaded Return Preparation Software (excel utility) and complete the form by entering all the details, using your Form 16.
Ascertain the tax payable by clicking the ‘Calculate Tax’ tab.
Pay tax (if any) and enter the challan details in the tax return.
Now validate your form through ‘Validate’ tab.
An XML file will be generated thereafter which you can save it on your computer.
Go to ‘Upload Return’ on the website’s left panel and upload the saved XML file.
You will be asked whether you wish to digitally sign the file. If you have a DS (digital signature) select ‘Yes’ or choose ‘No’.
The website now will flash a message of successful e-filing on your screen by generating the acknowledgment form — ITR Verification (ITR-V) which has to be downloaded.
Lastly, if you did not digitally sign the ITR, take a printout of the form ITR-V , sign it preferably in blue ink, and send it only by ordinary or Speed post to the Income-Tax Department-CPC , Post Bag No-1 , Electronic City Post Office, Bangalore – 560 100, Karnataka, within 120 days of filing your return online.