ITR Filing for Salaried in Bhubaneswar

Gather Required Documents: Collect all necessary paperwork, including your PAN card, Aadhaar card, Form 16 from your employer, the latest salary slips, Form 26AS, bank account details, and proofs for tax-saving investments under Sections 80C, 80D, and 80G.

Select the Appropriate ITR Form: Salaried individuals in Odisha should typically file using ITR-1 (Sahaj), suitable for income from salary, one house property, and other sources. Choose a different form only if you have capital gains, business income, or multiple properties.

Access the Income Tax E-Filing Portal: Visit www.incometax.gov.in and log in securely using your PAN or Aadhaar-linked credentials.

Pre-fill and Cross-Check All Information: Use the portal’s pre-filled ITR form and carefully verify details such as salary income, deductions, TDS, and personal information to ensure accuracy.

Claim Eligible Deductions: Enter all applicable deductions under sections like 80C (LIC, PPF, ELSS), 80D (Health Insurance), and 80G (Donations) to reduce your taxable income and maximize your refund.

Compute Your Tax Liability: Utilize the income tax calculator or utility tool available on the portal to determine if you owe additional tax or are eligible for a refund.

Submit and E-Verify Your Return: After completing and reviewing your form, submit it online and e-verify using options such as Aadhaar OTP, net banking, or other available methods for instant validation.

Download ITR-V Acknowledgment: Once your return is successfully submitted and verified, download the ITR-V acknowledgment receipt and keep it safely for future reference, bank loans, or visa applications.