how to file ITR online for salaried persons

The Procedure of Filing ITR Online as a Salaried Person

Online Legal India LogoBy Ankar Kapuria Published On 30 Aug 2021 Updated On 08 Sep 2021 Category Income Tax Return Filling

Before, get to know how to file ITR online for salaried persons, clear your knowledge about what a salaried employee is in particular. The salaried employees work full time along with maintaining a certain kind of responsibilities. A salaried person has to work for 40 hours a week. The salaried employee earns a fixed and regular salary in lieu of the services that he/she does to the company. 

Which ITR Form is Dedicated for Salaried Employees?

The ITR1 Sahaj form is for the salaried employees whose income is not more than Rs. 50 lakh. Linking the PAN card with the Aadhaar card is mandatory for the salaried employees as per the law of the Income Tax Department. 

The ITR 2 form is for that particular domain of salaried individuals whose income is more than Rs. 50 lakh. Filing the ITR 2 form is mandatory if a particular person earns income from capital gains and equity shares. Even after OPC company registration, the salary of the director will be considered in the individual salary slab.

What is Form 16?

Form 16 has two parts for ITR e filing online purposes. Part A is the details of Employer, Employee name, PAN (Permanent Account Number) and TAN (Tax Collection Account Number) details and so on.

Part B of Form 16 deals with details of employee salary, tax payables, deductions and so on.

While filing the ITR online, for a salaried employee, Form 16 is necessary.

What is Form 26AS?

The Form 26AS is the details of the tax that is deducted on your behalf by the deductors. The Form 26AS is a detail of how a taxpayer has deposited the tax and the details of tax refunds as well. 

Modification in ITR 1 for FY 2020-21

In the FY 2020-21, a few changes have been included in the ITR (Income Tax Return) form. 

  1. A person cannot file the ITR 1 form if his/her TDS is deducted under section 194N. 
  2. There is no option given to carry forward TDS under section 194N.
  3. The individual or the HUF is given the option to select the new or old tax regime. 

These are the three modifications that are included in the ITR 1 category for FY 20-21.

What Are The Documents Required for Filing ITR Online for Salaried Employees?

You can have a look at the official documents that are required for filing ITR online for salaried employees. 

  1. PAN Card
  2. Aadhaar Card
  3. Bank Account Details
  4. Form 16
  5. Form 26AS
  6. Investment Details

These are the six documents required for filing ITR online for the salaried employees.

How Can Online Legal India™ Help You in Filing ITR Online?

The 30th September 2021 is the last date when a person can e-file the ITR (Income Tax Return). As you know there are many consequences of not doing ITR return filing online on time.

There are penalties associated with not filing ITR on time like delay in getting a refund or penalties in the form of interest payment.

So, you have to be careful with these trivial matters and you can consult Online Legal India™ for any kind of help like how to file ITR online while filing an Income Tax Return as a salaried person. 

Conclusion

The Income Tax rule says that a salaried person has to file ITR if the salary of the individual is more than 2.5 lakh. 

So, read the blog carefully and clear all your confusions as a salaried person regarding how to make ITR filing online login and for other facilities as well.

For any kind of confusion, you can take help from  Online Legal India™ experts.


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