Every financial year, filing tax returns electronically is a required activity, and to do so, one needs to be familiar with the New Portal for Income Tax Login.
Additionally, the Income Tax Department has made it necessary for taxpayers to register on the department’s e-filing portal in order to submit their separate tax returns.
This is done to make sure that all tax returns are included in a single system and that there are no taxpayer seepages or returns lost as a result of ITRs being filed offline.
The new income tax portal provides several services in addition to tax filing, such as the ability to file late or updated returns, receive a refund, appeal a decision, and request rectification.
Income Tax Login
You must first finish the registration process and log into the income tax e-filing website in order to complete the e-filing of income tax returns. By completing the income tax login process, you can have access to the e-filing portal and a number of tax-related services.
The information provided here will walk you through the process of logging into the income tax e-filing site.
Prerequisites for Income Tax Login
The following information is required in order to register on the website.
- PAN Card Number
- Mobile Number
- Email Address
What is the Process for Income Tax Registration ?
By taking the actions listed below, you can quickly register on the IT Department’s official Income Tax Portal:
- Go to the official e-filing website of the Income Tax Department and select the “Register” link on the front page. Here is the direct link to the website – Income Tax Registration.
- You will be directed to a screen where you must choose your user type after clicking the Register button.
- After this submit your personal details asked on the portal.
- The following details are necessary to complete the registration form: – Username, Password, Contacts, Current Address, Secret Question
- Click the submit button once all the information has been accurately entered.
- For Verification, You will receive a 6-digit One Time Password to your registered phone number and email address after submitting the aforementioned form. Please accurately input this OTP to confirm the information. If you are a non-resident, the One Time Password will be sent to your registered email address. After 24 hours from the time it is received, the OTP will expire.
- The entire registration must be repeated if the registration process is not finished in the allocated 24 hours.
Income Tax Login Process
Step 1: Go to the Official website of Income Tax – Income Tax Portal. You’ll see a box with a ‘Login’ button for registered users on the top-right side.
Step 2: After selecting that button, you will be directed to the login page where you must enter your income tax login username in order to proceed. Please keep in mind that your PAN card number is the user ID for the income tax login.
Step 3: Next, enter the correct password and confirm your safe access message. Click skip to get back to the dashboard page after that.
Income Tax Login Through the Net Banking Portal
Individual tax assessees in India can access the Income Tax e-filing portal through the Internet banking interface of the majority of the country’s top banks. For the time being, this service is only available to those who have updated their PAN information with their respective banks.
Step 1: From the Internet banking page, go to the Income Tax e-filing login page. Many banks in India provide income tax login via their Internet banking interface.
Step 2: A page will be displayed containing name of various banks. To access the Internet banking login page for your preferred bank, click on the name of your bank.
Step 3: Log in to the banking portal with your Net Banking ID and Password to access a range of services after successfully logging in to the e-filing portal. If your PAN is not current with your bank, you won’t be able to access your income tax account using net banking.
Benefits of e-Filing Income Tax Returns
The following are the key advantages of filing income tax returns electronically:
Tracking the status: People who e-file their ITRs can quickly check the progress online. It used to take a lot of time to verify the status, and it was only sent via mail. However, submitting an ITR electronically makes it simple for the applicant to monitor the status of their application.
Refund processing: If people electronically file their ITRs, the refund process is simple and significantly quicker. The refund procedure used to be quite time-consuming and inconvenient. However, people can update their bank information online and get their return much faster.
Less Errors: Errors are frequently encountered when calculating ITR since there are so many calculations that must be done. However, there is a procedure that reduces the amount of errors when filing ITR electronically by having the system compute the ITR.
E-Verification: If taxpayers electronically file their ITRs, they can be verified online. The ITR used to need to be forwarded to Bengaluru’s CPC.
Convenient: Electronically filing an ITR is a simple and quick process that takes very little time. ITR filing used to be an extremely time-consuming process because people had to go to the Income Tax Department. However, one can complete the ITR e-filing process in the convenience of their own home.
By being aware of the specifics of the Income Tax New Portal Login, e-filing tax returns can be made simple. The new e-filing platform for tax returns makes sure that they be filed quickly and conveniently. Users can also take advantage of the support services provided on the portal to complete other crucial tasks like linking Aadhaar, e-verifying ITRs, paying taxes, etc.