The process to file 10E in the New Income Tax Portal is discussed in this article. Along with the steps, you can see the specific photos of each step to file 10E in the new income tax portal.
Step 1: Log in to your Account in the New Income Portal
Visit the Income Tax Department and log in with your Username and Password.
If you don’t have one, you can sign up by clicking the button beside the Login button.
Step 2: Go to File Income Tax Forms
After logging in, In your dashboard, you will see an e-file option.
Click on the e-file option and then on Income tax forms and then File income tax returns.
Step 3: Search Form 10E
Enter Form 10E in the search box to file the form. And you will see the Form 10E with the title Tax Exemption and Reliefs.
Step 4: Choose the assessment year
Select the assessment year from the dropdown box and then click on continue.
Step 5: Select the Applicable Items regarding particulars of Income
In this step, you have to select the applicable items as per your income.
The list of items include:
- Arrears Salary/Family Pension
- Advance Salary
- Pension Commutation
Step 6: Fill in the details and Click on the Preview Option
Fill all your details and if you do not understand any detail, consult our tax experts at:
After entering all the details, make sure to check the details once by clicking the preview option.
Step 7: e-Verify the Form and your task is done.
Clicking on the proceed to e-verify option on the following page will initiate the e-Verification process. Upon successful e-Verification, a message of success will appear, accompanied by a Transaction ID and an Acknowledgement Receipt Number. Additionally, an email will be sent to the email address and mobile number associated with the e-Filing portal, confirming the successful submission of your form.
What is Form 10E?
Form 10E is a form that can be submitted on the Income Tax e-filing portal to claim relief under Section 89 for any salary arrears or advance salary received during a financial year.
This relief is given to taxpayers to account for the difference in tax rates between the year in which the income was earned and the year in which it was received.
The filing procedure for Form 10E is now available on the new e-Filing portal.
To file the form, taxpayers will need to provide their personal information, the amount of salary arrears or advance salary received, and the tax rates applicable in the year in which the income was earned.
Do you need to file Form 10IE if you want to opt for the new tax regime and have business income?
The answer is yes.
You must file Form 10IE if you want to opt for the new tax regime and have business income.
This is because the new tax regime is a voluntary option, and you need to inform the Income Tax Department of your choice by filing Form 10IE.
If you do not file Form 10IE, you will be taxed under the old tax regime, even if you have business income.
Moreover, If you want any other guidance relating to File 10E in the New Income Tax Portal, Please feel free to talk to our business advisors at 8881-069-069.
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