Have a question about tax benefits on your home loan? Have them answered from our property guide here.
Start e-filing after you are done reading this guide.
Start by entering your permanent information like Name, Date of Birth and PAN number.
— Click on Income Sources and input your income details from Salaries, you can choose to upload your Form 16, so we can populate your information directly.
— OR enter your taxable salary and details of employer manually.
— Locate your Taxable income in your Form 16.
— Enter the Salary TDS amount and details of employer
— If you changed jobs during the year, add another salary
— Next, enter your other incomes like Inerest from Bank Accounts, Fixed Deposits, Gifts and others.
— Next, declare the exempt incomes, if any, like Mutual Funds, ULIP's, interest from PPF account and agriculture income.
— If you have a housing loan on a self-occupied House Property, declare interest on loan
— Enter the address of the house and specify co-owners, if any.
— Enter the Total of your Section 80C deductions (LIC, Mutual Funds, etc)
— Declare all other deductions which are applicable. Check out "More Deductions" tab.
— Don't miss a deduction. Read :Guide on Section 80 Deductions
— ClearTax can automatically import your TDS entries from Income Tax Department.
— If you deposited tax via Challan 280 (self assesment tax) yourself, add details regarding it.
— Woohoo, ITS DONE !
— You can review for return by downloading ITR PDF or ClearTax word-report.
— Click on the large green button and your return shall be submited to Income Tax Department.