DIY ITR Filing Tool

Yes! Steps 1 through 6 (including full tax calculation under both regimes and the recommendation) are completely free. You only pay ₹199 if you want the ITR JSON file for e-filing.

A salaried employee with income from salary, one house property, other sources (interest, dividends), and capital gains should file ITR-2. If the employee has only salary and interest income (no capital gains) and total income is below Rs 50 lakh, ITR-1 (Sahaj) can be filed.

ITR-1 for salaried individuals with income up to ₹50L. ITR-2 for capital gains or income above ₹50L. ITR-4 for business income under presumptive taxation (44AD/44ADA).

Yes. Form 16 is not mandatory for filing ITR. You can compute your tax liability using salary slips, bank statements, and Form 26AS/AIS (Annual Information Statement). However, Form 16 simplifies the process as it contains pre-filled TDS and salary breakup details.

Yes, the generated JSON follows the Income Tax Department’s schema for the selected ITR form and assessment year. Upload it directly at eportal.incometax.gov.in.

Under Section 234F, a late filing fee of Rs 5,000 applies if the ITR is filed after the due date (31 July). The fee is Rs 1,000 if total income does not exceed Rs 5,00,000. If income is below the basic exemption limit, no late fee is charged but filing is still recommended.

Yes, ITR filing may still be mandatory even if TDS is deducted and no additional tax is payable. Filing is compulsory if total income exceeds the basic exemption limit, or if you have foreign assets, foreign income, or high-value transactions as specified by the income tax department.

After submitting the ITR, it must be e-verified within 30 days. E-verification options include Aadhaar OTP, net banking login, bank ATM, Demat account, and the income tax portal's registered mobile number. Alternatively, a signed physical ITR-V can be sent to CPC Bengaluru by speed post.