Income Tax E-Filing

Income Tax e-Filing Made Simple with Easy My Tax

Filing your Income Tax Return is an important duty for every taxpayer in India. It ensures that you are following the law and managing your finances properly. Filing ITR means giving a full report of your income, deductions, and taxes paid to the Income Tax Department. Filing early helps avoid mistakes and last-minute issues.

Easy My Tax makes this entire process smooth and simple. Our platform guides you step-by-step—from auto-fetching your pre-filled data to helping you choose the right tax regime. Whether you're a salaried employee, freelancer, or business owner, our system helps you file your return quickly, correctly, and on time.

5 Easy Steps to File Your ITR with Easy My Tax

Step one Log in or create your account on Easy My Tax
Step two Select your income source like salary, business, or capital gains
Step three Let the platform auto-fill your details from the Income Tax Department
Step four Compare old and new tax regimes and choose the one that suits you best
Step five File your return and receive confirmation from the IT Department

What is an Income Tax Return (ITR)

An ITR is a form used to report your income and taxes to the Income Tax Department. There are seven ITR forms—ITR 1 to ITR 7. The correct form depends on your income sources, amount of income, and taxpayer type (individual, company, HUF, etc.). Filing it accurately and on time is required by law.

Who Needs to File an Income Tax Return

Salaried individuals with income above the exemption limit
Self-employed professionals like freelancers, doctors, and consultants
Business owners including sole proprietors, partnerships, LLPs, and companies
Directors in companies or partners in LLPs
People earning dividends, interest, or capital gains from stocks, mutual funds, crypto, etc.
NRIs and RNORs with income from India
Residents holding foreign income or foreign assets
People making high-value transactions like large bank deposits or foreign travel
Anyone who wants to claim a tax refund
Charitable and religious trusts

Eligibility for Income Tax e-Filing in India

You must e-file your ITR if your total income is more than the exemption limit. The limit depends on your age and the tax regime you choose.

Old Tax Regime Exemption Limits

Under 60 years Rs 2.5 lakh
60 to 80 years Rs 3.0 lakh
Over 80 years Rs 5.0 lakh

Old Tax Regime Slabs

Income up to Rs 2.5 lakh – Nil
Rs 2.5 lakh to Rs 5 lakh – 5 percent
Rs 5 lakh to Rs 10 lakh – 20 percent
Above Rs 10 lakh – 30 percent

New Tax Regime Slabs (FY 2024–25)

Up to Rs 4 lakh – Nil
Rs 4 lakh to Rs 8 lakh – 5 percent
Rs 8 lakh to Rs 12 lakh – 10 percent
Rs 12 lakh to Rs 16 lakh – 15 percent
Rs 16 lakh to Rs 20 lakh – 20 percent
Rs 20 lakh to Rs 24 lakh – 25 percent
Above Rs 24 lakh – 30 percent

Other Situations Where You Must File ITR

Deposited Rs 1 crore or more in a current account
Deposited Rs 50 lakh or more in savings account
Spent over Rs 2 lakh on foreign travel
Paid more than Rs 1 lakh in electricity bills
TDS or TCS deducted over Rs 25,000 (Rs 50,000 for senior citizens)
Business turnover exceeds Rs 60 lakh
Professional receipts exceed Rs 10 lakh

Types of ITR Forms in India

ITR 1 For salaried individuals with simple income
ITR 2 For individuals with capital gains, foreign income, or more than one house property
ITR 3 For individuals earning from business or profession
ITR 4 For presumptive income from business or profession
ITR 5 For firms, LLPs, AOPs, BOIs
ITR 6 For companies (not claiming exemption under section 11)
ITR 7 For trusts, political parties, colleges, etc.

Important ITR Filing Deadlines (FY 2024–25)

Individuals not under audit July 31, 2025
Tax audit cases October 31, 2025
Transfer pricing cases November 30, 2025
Revised or belated return December 31, 2025

Documents Required for Income Tax e-Filing

General Documents

PAN
Aadhaar
Bank account details

Income-Related Documents

Salary slips
Form 16 from your employer
Form 16A 16B 16C for other TDS
Form 26AS – tax credit statement
Rental income details
Capital gains details
Dividend and interest income

Deduction and Investment Proofs

Life and health insurance
PPF, NSC, ELSS mutual funds
Home loan interest certificates
Education loan interest proof

How to File ITR Online Using Easy My Tax

Step one Log in to the Income Tax e-filing portal
Step two Enter your PAN and password
Step three Go to the e-File tab and click File Income Tax Return
Step four Select the assessment year and filing mode
Step five Choose the taxpayer category individual HUF or others
Step six Select the right ITR form
Step seven Select the reason for filing
Step eight Review auto-filled details and make corrections
Step nine Confirm and make any tax payments if needed
Step ten Submit the ITR and proceed to verification

What to Do After Filing ITR

After submitting your ITR, you must verify it
You can e-verify using
Aadhaar OTP
Electronic Verification Code
Net banking
Or send a signed physical ITR-V to CPC Bengaluru within 120 days

How to Track Your ITR Filing Status

Step one Log in to the Income Tax portal
Step two Click on e-File then View Filed Returns
Step three See your filing status under the Status column

Filing a Revised or Belated Return

You can revise your ITR if there are errors or missing details. Use the 'Revised Return' option.
Deadline to file revised return December 31 of the assessment year

If you missed the original deadline, file a belated return under Section 139(4)
Deadline December 31
Late fee Rs 5,000 (Rs 1,000 if income is below Rs 5 lakh)
No fee if income is below exemption limit

Filing an Updated Return (ITR-U)

If you missed both deadlines you can file an Updated Return within four years
Use this to declare missed income or correct errors
Cannot be used to claim a refund or reduce tax

Easy My Tax Makes ITR Filing Effortless

We simplify the tax filing process so you can file your ITR quickly and with confidence.
Use our platform to do it yourself in just a few steps
Or choose expert-assisted filing and let our CA handle it for you

Whether you're salaried, self-employed, or a business owner, Easy My Tax is your trusted partner for fast, secure, and accurate ITR filing