ITR filing: Prefilled ITRs now available for all individuals

After making the process of filing income tax returns (ITR) easier for individuals who are required to file ITR-1, the tax department is trying to make it easier for other taxpayers as well. As per the update on July 11, 2019. on the e-filing website, “Currently, pre-filled XML is available for ITR 1, 2, 3 and 4 for FY 2018-19. For other ITRs, it will be available shortly.” This move will cover all the individuals who are required to file ITR for FY 2018-19. This is because as per the forms notified by the Central Board of Direct Taxes (CBDT) for FY 2018-19. the individuals can file ITRs using forms 1 to 4 only.

According to the latest update, the department has started providing pre-filled XML file which contains details such as employer details, allowances, deductions, dividend, and interest income and so on. The XML file can be downloaded by the individuals from the e-filing website and imported into the Excel utility of the relevant ITR form.

Individuals filing their tax return with ITR-1 using Excel utility can also download the XML file from the e@-filing website. For ITR-1 filers, the XML file also contains the salary details apart from other details such as allowances, deductions etc.

Individuals can file their tax return either using the online platform on the e-filing website, www.incometaxindiaefiling.gov.in or by filling the details in the excel utility downloadedfrom the e-filing website and uploading the same on the e-filing website.

Recently, the tax department started providing individuals filing their ITR-1 using the online platform pre-filled details which include salary income, interest income and tax details.

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