How to Download Your ITR and Acknowledgement: A Comprehensive Guide

Do you get worried when you hear the word ‘taxes’? Not able to figure out how to download your ITR and Acknowledgement? Well, don’t worry; we are here to help! In this guide, we will show you how to easily download your Income Tax Return (ITR) and acknowledgement. Think of it like getting a certificate for doing well on a test – it’s a way to show the government that you are a responsible taxpayer. So, let’s get started and make tax filing a breeze!

What is ITR?

ITR stands for Income Tax Return. It is a form that taxpayers use to report their income earned during a financial year, as well as any tax deductions and exemptions that they may be eligible for. Filing an ITR is mandatory for individuals whose total income exceeds a certain threshold specified by the Income Tax Department. Filing your ITR is essential in staying compliant with tax laws and avoiding penalties. It also serves as proof of income, which may be required for various financial transactions, such as obtaining a loan or visa.

Types of Income Tax Return

The Income Tax Department has prescribed seven types of ITR forms – ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6, and ITR-7 and the applicability of the form will depend on the nature and amount of income and the type of taxpayer.

How to download the Income Tax Return Form?

Online filing of income tax returns has become very simple and convenient in recent years, allowing individuals to do it themselves rather than relying on a tax practitioner.

Irrespective of the type of ITR form, the procedure to download the form is the same. Once you file your return, you can download the ITR form using the below steps:

Step 1: Log in to the official income tax filing portal – https://www.incometax.gov.in/iec/foportal/​

Step 2: If you are a new user, click ‘Register yourself’ and register yourself. (To register, choose a user type, enter the required information, and validate the registration.) If you already have an account, click the ‘Login’ button and enter your credentials.

Step 3: Click e-File > Income Tax Returns > View Filed Returns.

Step 4: On the ‘View Filed Returns’ page, you can view all the returns filed by you. You can download the ITR-V Acknowledgement, upload JSON (from the offline utility), complete the ITR form in PDF, and intimation order (using the options on the right-hand side).

Note:

• Click ‘Filter’ to view your filed returns based on different criteria (AY or Filing Type).

• Click ‘Export to Excel’ to export your returns data to Excel format.

Step 5: Click ‘View Details’ to view the life cycle of the return and action items related to it (e.g., returns pending for e-Verification).

Step 6: Once you have downloaded the document, open it, and it will ask for a password. The password is your PAN number (All in lowercase letters), followed by your date of birth (DDMMYYYY) without any space.

Example:

• PAN: BPKAP1234F
• DOB: 11/03/1987
• Password: BPKAP113F11031987

Step 7: Print, sign, and return this document to CPC Bangalore within 30 days of the e-filing date. You can skip this step if you have e-verified.

Points to keep in mind for ITR-V

If you are unable to ‘e-verify’ your ITR, then the following are the points to keep in mind:

• ITR-V should be printed in dark black ink and clear to read.
• ITR-V should have an original signature in blue ink.
• The signature should not be on the barcode of the Form. Barcodes and numbers below the barcode should be seen.
• You should not use a stapler on Form ITR-V.
• Do not fold this signed ITR-V.
• Enclose the ITR-V form in an A-4 size white envelope.
• Send ITR-V to the CPC address mentioned above through speed post or ordinary post within 30 days from the filing date.

Conclusion

In conclusion, downloading your ITR and Acknowledgement has become more accessible than ever with the Indian government’s push towards digitization. With simple steps, taxpayers can easily download their ITR and Acknowledgement online. It not only saves time and effort but also reduces the risk of errors and increases the efficiency of the entire process. By following the guidelines outlined in this comprehensive guide, taxpayers can ensure a smooth and hassle-free experience in downloading their ITR and Acknowledgement.

Frequently Asked Questions (FAQs)