FORM 26AS - Verify Income Tax Details

What is FORM 26AS?

FORM 26 AS is a consolidated statement issued by Income Tax Department (TIN - Tax Information Network) to PAN holders which contains following details:

• Tax deducted at Source (TDS) (Deposited by tax deductor).
• Self Assessment / Advance Tax (Deposited by individual).
• Tax collected at Source (TCS).
• Tax Refund from Income Tax Department during financial year.
• High value transactions in respect of Mutual Fund and Shares.

Individual can check TDS details in FORM - 16 issued by Tax Dedcutor, but if individual wants to check all above details on same place, can check FORM 26AS.

How to Check FORM 26AS?

FORM 26AS can be viewed by PAN holders from any of the websites as below:

• Income Tax India E-Filiing Website - Once you registered with this site using PAN, you can check Tax Credit Statement - FORM 26AS free of cost.
• NSDL Website - This facility is available to PANs that are registered with Tax Information Network (managed by NSDL - National Securities Depositories Limited) for view of Tax Credit Statement - FORM 26AS. The PAN holder has to fill up an online Registration form for such purpose. Thereafter, verification of PAN holder's identity is done by the TIN-Facilitation Centre personnel either at PAN holder's address or at the TIN-facilitation center that has been chosen by the PAN holder. The verification involves a cost at prescribed rates. Once authorised, the PAN holder can view Tax Credit Statement online.
• Few Bank sites - If you are customer of any of below banks then you can check Tax Credit Statement - FORM 26AS online after login with your customer id free of cost:
• Allahabad Bank
• Andhra Bank
• Axis Bank Limited
• Bank of Baroda
• Bank of India
• Bank of Maharashtra
• Canara Bank
• Central Bank of India
• Citibank N.A.
• City Union Bank Limited
• Corporation Bank
• HDFC Bank Limited
• ICICI Bank Limited
• IDBI Bank Limited
• Indian Overseas Bank
• Indian Bank
• Karnataka Bank Limited
• Kotak Mahindra Bank Limited
• Oriental Bank of Commerce
• State Bank of Bikaner & Jaipur
• State Bank of Hyderabad
• State Bank of India
• State Bank of Mysore
• State Bank of Patiala
• State Bank of Travancore
• Syndicate Bank
• The Federal Bank Limited
• The Karur Vysya Bank Limited
• The Saraswat Co-operative Bank Limited
• UCO Bank
• Union Bank of India
• United Bank of India
• Vijaya Bank

Most easiest & convenient way to check Tax Credit Statement - FORM 26AS is using Income Tax India E-Filing site.

How to view FORM 26AS using Income Tax India E-Filing site?

To use this service PAN holders needs to login to Income Tax India E-Filing Site, if you are not registered then refer: One Time Registration with IncomeTaxIndiaE-Filing Site.

• Login using your PAN and password.
• Goto MyAccount -> View Tax Credit Statement (Form 26AS) as displayed below:
  
  
  
• It will prompt for verification information below:
  
  
• Provide the details and click on Submit button, it will display another page which contains message "You will be redirected to the NSDL website to view Form 26AS (Tax Credit Statement)." along with two buttons (Confirm & Cancel). Click on Confirm button.
• You will be redirected to Tax Information Network - NSDL site as below:
  
  
• Click on View FORM 26AS highlighted as above screen shot, It will open FORM 26AS. On this page user has option to view previous / current Assessment year's FORM 26AS. Sample FORM 26AS displayed as below:
  
  
  
  If you scroll down in FORM 26AS, you will find other portions of FORM 26AS (PARTB, PARTC and REFUND details).

Understand FORM 26AS?

It has 4 sections: PART A, PART B, PART C, Tax Refund details & High value transaction of Mutual fund and shares.

PART A: Details of TDS

It contains following details:

   Name of Deductor

   TAN of the Deductor

   Section under which deduction made - for details check Legends in form

   Date of Payment Credit

   Amount Paid / Credited

   Tax Deducted (Tax + Edu. Cess + Surcharge)

   TDS Deposited

   Status of Booking (P/F/U)  - for details check Legends in form

   Date of Booking

   Remarks (in case of reversal)

PART B: Details of TCS

It contains following details:

   Name of Collector

   TAN of the Collector

   Section under which collection made - for details check Legends in form

   Date on which amount paid / debited

   Amount Paid / Debited

   Amount of Tax Collected (TCS + Edu. Cess + Surcharge)

   TCS Deposited

   Status of Booking (P/F/U)  - for details check Legends in form

   Date of Booking

   Remarks (in case of reversal)

PART C: Details of Tax Paid (Other than TDS & TCS)

This section contains Self Assessment, Advance tax paid by individual by themselves. It contains following details:

   Major Head Code # - for details check Legends in form

   Minor Head Code % - for details check Legends in form
   Tax

   Surcharge

   Education Cess

   Interest

   Total Tax

   BSR Code

   Date on which Tax Deposited

   Challan Serial No.

   Remarks (in case of reversal)

Details of Paid Refund

This section contains any refund received from Income Tax Department in current assessment year, refund may be of any financial year. It contains following details:
   Assessment year for which refund is paid
   Mode of Payment $ - for details check Legends in form
   Amount of Refund
   Date of Payment
   Remark


On TIN NSDL site, Individual can save FORM 26 AS in PDF and text format. There are options available after all above sections.

FORM 26AS for Previous Year:

Individual can view FORM 26AS from Assessment Year 2006-07 on TIN - NSDL site. Change the assessment year in drop-down list located on upper left corner of the page and click on Submit button.

Clarification / doubt in FORM 26AS?

Possible reasons for mismatch/missing entry in Part A/B (Details of TDS or TCS) are as follow:-

• Deductor/collector has not filed quarterly TDS/TCS return.
• Deductor /collector has not quoted or has wrongly quoted your PAN in the TDS/TCS return.
• You have not provided PAN or have provided wrong PAN to the deductor/collector
• The TDS/TCS return filed by the deductor/collector is rejected in the system.

If you have any doubt / clarification required in Tax Credit statement for particular assessment year then please check with Tax deductor. 

If they are not able to help you then you can contact TIN Call Centre NSDL for any clarification which have not been  resolved by deductors. Below are contact details of TIN Call Centre NSDL:

Address: TIN Call Centre National Securities Depository Limited,

3rd Floor Sapphire Chambers,

Near Baner Telephone Exchange, 

Baner, Pune - 411045 (Maharashtra).

Telephone: 020 2721 8080

Fax: 020 2721 8081.

Email: tininfo@nsdl.co.in

Note: For more details on FORM 26AS refer FAQ on FORM 26AS.

One Time Registration with IncomeTaxIndiaE-Filing Site

One time registration with valid PAN:

• If you didn't register with Income Tax E Filing site previously then open Income Tax India E Filing site - https://incometaxindiaefiling.gov.in and click on Register link.
• It will prompt PAN. Enter your PAN and click on Click Me button.
• It will check whether entered PAN is registered with Income Tax India E Filing site or not. If PAN already registered then it will display message: This PAN is already registered, If you forgot your password then click on Login link on main page of Income Tax India E Filing Site. It will open Member Login page, on this page click on Forget Password link to set new password. It will ask few details like PAN details, secret question or last E filing acknowledgement number and bank account number etc.
• If PAN is not registered, it will ask various details as displayed in below image:

• Your PAN is your User ID for Income Tax India E Filing site. 
• In future if you forget your password then you can set new password using Primary Secret Question. 
• Please don't opt for Digital Certificate now only.
• Once you fill proper details click on Register button. You will get email from Income Tax India E Filing site on successful registration.

Calculate Interest / Penalty on Income Tax

As per Income Tax Act, 

• Individual should pay income tax periodically for financial year.
• Total tax payable should be paid by end of financial year (before 31-March).
• Income Tax Return should be filled within time frame (31-July) for previous financial year.

If delayed in any of above, individual needs to pay interest / penalty on income tax payable to Income Tax Department.

If Individual is salaried then employer deduct income tax from employee's salary deposit it to Income Tax Department periodically / every month on behalf of employee. 

In case of individual have fixed deposit(s) in bank(s) then bank should pay income tax (to Income Tax Department) on interest of FD(s) - if applicable and deduct that amount from interest payable to customers.

Section 234C: Interest penalty for delay in periodic payment of income tax

As per this section, individual should their income tax periodically in below manner:

• 30% of total income tax should be paid by 15-September of financial year.
• 60% of total income tax should be paid by 15-December.
• 100% should be paid by 15-March.

If any delay in payment of income tax in above manner then individual are liable to pay interest / penalty under this section 234C as below:

• If tax paid by 15-September is less than 30% of total income tax payable then 1% interest per month on difference (30% of total tax - tax paid) for 3 months.
• If tax paid by 15-December is less than 60% of total income tax payable then 1% interest per month on difference (60% of total tax - tax paid) for  3 months.
• If tax paid by 15-March is less than total income tax payable then 1% interest on total outstanding tax.

For example: Individual's total income tax payable is 20,000/- for whole financial year, so individual should deposit:

• 30%   - 6,000/- till 15-September.
• 60%   - 12,000/- till 15-December.
• 100% - 20,000/- till 15-March.

Now if individual deposited / paid: 

• 5,000/- on 1-September, 
• 5,000/- on 1-December,
• 8,000/- on 1-March & 
• remaining 2,000/- on 20-March.

Interest / penalty calculated under this section as below:

• On 15-September, difference is 1,000/- (6,000 - 5,000), so penalty will be 30/- (1% on 1,000 [difference on 15-September] for 3 months). 
• On 15-December, difference is 2,000/- (12,000 - 10,000), so penalty will be 60/- (1% on 2,000 [difference on 15-December] for 3 months).
• On 15-March, difference is 2,000/- (20,000 - 18,000), so penalty will be 20/- (1% on 2,000 [difference on 15-March] for 1 month).

So total penalty under this section 234C is 110/- (30 + 60 + 20).

Section 234B: Interest penalty for incomplete payment of income tax

As per this section, individual should pay at least 90% of their income tax payable by end of the financial year (means before 31-March). If on 31-March, balance tax payable is more than 10% then individual are liable to pay penalty of 1% per month on balance income tax amount from 1-April of assessment year.

For example: Individual total tax payable is 20,000/- for whole financial year, so individual should deposit 18,000/- before end of financial year. 

Now if individual deposited / paid 17,000/- till 31-March then should pay penalty on balance income tax (3,000/-): 

• 30/- (1% on 3,000/- for one month) if will pay due income tax till 30-April.
• 60/- (1% on 3,000/- for two month) if will pay due income tax till 31-May.
• 90/- (1% on 3,000/- for three month) if will pay due income tax till 30-June. 
• 120/- (1% on 3,000/- for four month) if will pay due income tax till 31-July and so on. 

Section 234A: Interest penalty for delay in filing income tax return

As per this section, individual should pay their income tax payable and file income tax return before 31-July of assessment year for previous financial year. If income tax return filled after this date (31-July) then individual are liable to pay penalty 1% interest on balance income tax per month.

For example: Individual total tax payable is 20,000/- for whole financial year, so individual should deposit 20,000/- and file income tax return for 31-July of assessment year.

Now if individual deposited / paid 17,000/- till 31-March then should pay penalty on balance income tax (3,000/-): 

• 30/- (1% on 3,000/- for one month) if will pay due income tax & file income tax return till 31-August.
• 60/- (1% on 3,000/- for two month) if will pay due income tax & file income tax return till 30-September.
• 90/- (1% on 3,000/- for three month) if will pay due income tax & file income tax return till 31-October. 
• 120/- (1% on 3,000/- for four month) if will pay due income tax & file income tax return till 31-October and so on.

Note: While paying balance, income tax individual should include penalties liable under above sections.

File Income Tax Return Online

What is Filing of Income Tax Return?

The filing of income tax return is a legal obligation of every individual whose total income during the previous year exceeds the maximum amount which is not chargeable (for more details for limit of each financial year refer Income Tax Rate / Slab) to income tax under the provisions of Income Tax Act, 1961. The return should be furnished in the prescribed form on or before the due date(s).

Usually Due date will be 31 July of assessment year for previous financial year. Individual can also file Income Tax Returns for previous assessment years as well.

How to File Income Tax Returns?

Income Tax Department has introduced a convenient way to file these returns online using the Internet with following steps (its totally free - no agent involved - Individual can do it easily):

• One time registration with valid PAN.
• Get the Excel Utility based on ITR form applicable.
• Fill the Excel, Validate and Generate the XML.
• Upload the XML, Get ITR-V (Receipt), Sign and send it to IT Dept.

Each steps explained in detailed description with screen shots.

One time registration required with valid PAN:

• If you didn't register with Income Tax E Filing site previously then open Income Tax India E Filing site - https://incometaxindiaefiling.gov.in and click on Register link.
• It will prompt PAN. Enter your PAN and click on Click Me button.
• It will check whether entered PAN is registered with Income Tax India E Filing site or not. If PAN already registered then it will display message: This PAN is already registered, If you forgot your password then click on Login link on main page of Income Tax India E Filing Site. It will open Member Login page, on this page click on Forget Password link to set new password. It will ask few details like PAN details, secret question or last E filing acknowledgement number and bank account number etc.
• If PAN is not registered, it will ask various details as displayed in below image:

• Your PAN is your User ID for Income Tax India E Filing site. 
• In future if you forget your password then you can set new password using Primary Secret Question. 
• Please don't opt for Digital Certificate now only.
• Once you fill proper details click on Register button. You will get email from Income Tax India E Filing site on successful registration.

Get the Excel Utility based on ITR form applicable:

• Once you registered with Income Tax India E Filing site, click on Login link: Login using your PAN and password. After login site will be displayed as below:

• If you want to file Income Tax Return for current Assessment Year then move cursor to first option (e-Filing A.Y. ####-##) under DOWNLOAD and select Individual, HUF.
  
  Note: Link title e-Filing A.Y. ####-## will be changed based on year. For example current assessment year is 2012-13 so link name is e-Filing A.Y. 2012-13 for next year it will be e-Filing A.Y. 2013-14 and so on.
• It will display page in which mappings between sources/details of income and ITR Form for Individual and HUF displayed and also link of excel utility for each ITR.
• Mapping of source of income and ITR displayed as below:
  Note: Link title e-Filing A.Y. ####-## will be changed based on year. For example current assessment year is 2012-13 so link name is e-Filing A.Y. 2012-13 for next year it will be e-Filing A.Y. 2013-14 and so on.

• If your source of income is one of salary, pension, interest income or Family pension then you need to file ITR - 1 which is called as SAHAJ.
• Apart from above, if your source of income is from other sources, income/loss from house property, Capital gains/loss on sale of investments/property then you need to file only ITR - 2.
• Apart from above (ITR-2), if you are partner in a partnership firm then you need to file only ITR - 3.
• For other source of income see above mappings and check which ITR is required to file your Income Tax Return.

    After finalizing ITR, download excel utility (which is zip file contains Excel and help file) for that ITR (from same page displayed after above mappings) as below:

• If you want to file Income Tax Return for previous Assessment Year then move cursor to second option (Previous Years) under DOWNLOAD and select appropriate Assessment Year. You can file Income Tax Return online from Assessment year 2006-07.

Fill the Excel, Validate and Generate the XML:

Most of individuals required ITR-1 to file Income Tax Return.

Prerequisite to Fill the ITR-1 Excel:

• FORM - 16 received from employer & other deductors. For more details refer Understand FORM - 16
• Bank details
• Interest statements by bank FDs / NSC.

Extract the zip file (downloaded from Income Tax India E-Filing site) in one folder and Open the excel file. This excel contains macro so enable the macro in excel before editing the excel, for more details on how to enable macro in excel refer Enable Macro in Excel: 

Fields marked with light green background color needs to be filled by Individual, all other fields are calculated automatically by excel. Excel has following sheets:

   Income Details: Contains personal details (like Name, PAN, Address etc) and income details (which can be filled from FORM - 16). It has three important options (Validate, Calculate Tax and XML Generate).
Fill Personal details, Income details from FORM - 16 and Validate the sheet.

   TDS: Contains Tax Deducted at Source by employer (which can be again filled from FORM - 16), from other deductors (in case of income other than salary) and Advance / Self Assessment tax payments.

   Tax paid and Verification: Contains Tax payable, paid, refundable details. Also contains individual's bank details (in case to get refund from Income Tax Department) and declaration.

   80G: Contains contribution of Individual towards section 80G. For more details about Section 80 G refer Section 80G.

Process to fill Excel, Validate & Generate XML:

1. Fill Personal Information, Filing Status, Income & Deduction in Income Details sheet and click on Validate button.
2. Fill Tax Deducted at Source (TDS) details from FORM - 16 (in case of Salary and income other than Salary) in TDS sheet. Also fill the details of Advance Tax / Self Assessment Tax (if any) and click on Validate option.
3. Fill third (Tax Paid and Verification) sheet and click on Validate option.
4. Select the first (Income Details) sheet and click on Calculate Tax option.
5. Check third  (Tax paid & Verification) sheet - 18 Tax Payable (15-17), if it contains non zero value that means individual needs to pay that much tax to Income Tax Department.
6. Pay this amount using NSDL site and mention details of tax payment information in TDS sheet under Advance Tax & Self Assessment Tax Payments section.
7. If Tax Payable (15-17) in third (Tax paid & Verification) sheet is zero then click on  XML Generate option in first (Income Details) sheet. It will create one sheet (Pre-XML Check) with Save XML button on it.
8. Click on Save XML in Pre-XML Check sheet, it will save on the same path where Excel is located.

Upload the XML, Get ITR-V (Receipt), Sign and send it to IT Dept:

• Login on Income Tax India E Filing site using PAN and password.


• Move cursor / mouse on Select Assessment Year under SUBMIT RETURN option and select assessment year for which you want to file income tax return. It will display below options:
  
  
  
  
  
  
  Select Form Name: ITR-1
  Do you want to Digitally sign the File: No
  Click on Next button


• It will prompt for XML file selection. Click on Choose File and select the XML file. Click on Upload button.


• After upload it will give link of ZIP file (which contains ITR-V). Download this zip file and open PDF from zip file (IT department will also email the same zip file on your email id which is mentioned in your profile).
  
  PDF file is ITR-V Form. ITR-V FORM is password protected.Password will be your PAN and date of birth in ddmmyyyy format.
  For example: PAN is ABCDE1234A and date of birth is 01-01-1987 then password will be abcde1234a01011987.
  


• Open the ITR-V FORM and verify it against excel / FORM - 16. It will look like below:





• Print this ITR-V FORM and sign in VERIFICATION section.
   
  
• Post / mail signed ITR-V FORM through Ordinary or Speed Post to the Income Tax Department on mentioned address within 120 days. Address will be as below:
  Income Tax Department - CPC,
  Post Bag No - 1,
  Electronic City Post Office,
  Bengaluru - 560100,
  Karnataka.

ITR 1 Excel's Detailed description:

Income Details:

This sheet has mainly four sections as below: After filling all sections in this sheet click on Validate option.

• Personal Information: Contains various details like
  Name - First Name, Middle Name, Last Name.
  PAN.
  Address (Gender (Male / Female)
  Contact details (Email Address, Mobile No, Phone No.Status (I - Individual)Employer Category (Other / NA / GOV / PSU) - If Individual is not working then select NA.
• FILING STATUS: Contains details
  Income Tax Ward / Circle - Area / City where individual resides. No need to fill this, While validating / XML Generate will populate this field automatically.
  Return Filed Under Section: 11 - Before Due Date (Due date is 31st July of assessment year).
  12 - After Due Date
  13 - In response to notice (u/s) under section 142(1).
  14 - In response to notice under section 148.
  15 - In response to notice under section 153A.
  16 - In response to notice under section 153C.
  17 - Revised return 139(5) - After filing return, if individual feels something is missing then this section is used.
  18 - In response to notice under section 139(9) for removal of defects.
  Original / Revised Return - Original - for first time. Revised in case of section 139(5) / 139(9).
  In case of Revised Return provide Original Acknowledgement no & Date.
  In case of u/s 139(9) Provide Original Acknowledgement No, Notice No and Notice date received from Income Tax Department.
  Residential Status - Resident / Non-Resident / Resident but normally not resident.
  Tax Status: Nil Tax Balance / Tax Payable / Tax Refundable.

• Income & Deductions: contains details same as FORM - 16 (these section filled using FORM - 16) as below:
  1 Income from Salary / Pension (Ensure to fill Sch TDS1): Amount against INCOME CHARGEABLE UNDER THE HEAD "SALARIES" from FORM - 16 will come over here.
  2 Income from one House Property: Amount against Income under the head Income from house property from FORM - 16 will come in this cell. If this amount is negative then put it as negative amount.
  3 Income from Other Sources (Ensure to fill Sch TDS2): Sum of figure against Income under the head Income from Capital Gains & Income under the head Income from other sources will come in this section.
  4 Gross Total Income (1 + 2 + 3): This is sum of above three kinds of income.
  5 Deductions under Chapter VI A (Section): Fill the various sections (liek 80C, 80D, 80CCF, 80DD, 80DDB, 80E etc - except 80G) under this head from FORM - 16.
  6 Deductions (Total of 5a to 5m): Sum of all deductions up to its limit. Automatically Excel will calculate.
  7 Total Income (4 - 6): Gross Total Income - Total Deductions.
  8 Tax Payable on Total Income: Clicking on Calculate Tax option will calculate Tax Payable based on income rate/ slab. Individual do not worry about this.
  9 Education Cess, including Secondary and higher secondary cess on Tax Payable (8):  Clicking on Calculate Tax option will calculate based on Tax Payable.
  10 Total Tax, Surcharge and Education Cess (Payable) (8 + 9): Summation of Tax Payable, Education Cess, Secondary and higher secondary cess.
  11 Relief under section 89: If individual gets relief under section 89 then enter amount.
  12 Relief under section 90/91: If individual gets relief under section 89 then enter amount.
  13 Balance Tax Payable (10 - 11 - 12): Total tax - relief under sections 89, 90/91. Calculate Tax option will calculate it.
  14 Total Interest u/s 234A 234B 234C: Calculate Tax option will calcuate interest if Tax payable is more than paid tax. For this Fill the TDS sheet.
  15 Total Tax and Interest Payable (13 + 14): Summation of Balance Tax Payable and Interest. It will be calculated automatically after click on Calculate Tax option.

TDS:

This sheet has mainly three sections as below: After filling all sections in this sheet click on Validate option.

• 23 Details of Tax Deducted at Source from SALARY [As per FORM 16 issued by Employer(s)]: Individual can fill this details from FORM - 16. Add details for each employer (if you have FORM - 16 from more than one employer). Provide TAN, Name of Employer, Income Chargeable under head salaries & Total Tax Deducted.


• 24 Details of Tax Deducted at Source on Income OTHER THAN SALARY [As per FORM 16 A issued by Deductor(s)]: For source of income other than salary and if tax deducted from that income then provide same details (TAN, Name of deductor, Unique TDS certificate No, Deducted Year, Total Tax deducted, Amount claimed this year) under this section.
• 25 Details of Advance Tax and Self Assessment Tax Payments: If individual paid any advance tax or self assessment tax then provide details over here. Like for example, employer deducted less tax and if employee want to pay actual tax then employee can pay the tax (in case of advance / self assessment tax).
  While filling Income Tax Return, if individual finds he needs to pay more tax than actual paid then he can pay tax (along with interest calculated in 14 Total Interest u/s 234A, 234B, 234C mentioned in Income Details sheet) through NSDL site and provide details in this section and file the income tax return.
  
  Calculation of pending tax (if any) = 15 Total Tax and Interest Payable [from Income Details sheet] - ( sum of Total Tax Deducted [from TDS sheet] + sum of Amount out of claimed this year [from TDS sheet] ). Individual needs to pay same amount as Self Assessment Tax.

Tax Paid and Verification:

This sheet has mainly three sections as below: After filling all sections in this sheet click on Validate option.

• Taxes Paid:
  16 Taxes Paid: These fields are calculated automatically once click on Calculate Tax on Income Details sheet. Contains summary of taxes paid through various ways:16a Advance Tax (from item 25): It contains summation of advance tax entered in previous sheet (TDS) under Details Advance Tax and Self Assessment Tax Payments. This excel will identify whether its advance tax or Self Assessment.16b TDS (Total from item 23 + item 24): Contains total tax deducted as source (TDS) from previous sheet. Its sum of TDS on Salary and TDS on Income other than Salary.16c Self Assessment Tax (item 25): Contains Tax paid by individual as Self Assessment during assessment year (not during financial year). This amount is inclusive of interest (which is calculated u/s 234A, 234B and 234C).
  
  17 Total Taxes Paid (16a+16b+16c): Sum of Advance Tax, TDS and Self Assessment Tax.
  
  18 Tax Payable (15-17) (if 15 is greater than 17): This explains whether individual needs to pay more taxes or not. 15 Total Tax and Interest Payable [from Income Details sheet] - 17 Total Taxes Paid [from this sheet].
  If this amount is greater than zero then individual needs to pay this amount to Income Tax of department as part of Income Tax.
  If this amount is zero then exact income tax is paid by individual, there is nothing due.
• Refund: 
  19 Refund (17-15) if 17 is greater than 15: This explains individual will get refund from Income Tax Department.   17 Total Taxes Paid [from this sheet] - 15 Total Tax and Interest Payable [from Income Details sheet].
  To get refund from Income Tax Department individual needs to provide below details
  20 Enter your Bank Account number: Provide bank account number which is single account on your name only.
  21 Direct Deposit or Cheque: (Select Yes  if you want your refund by direct  deposit into your bank account, Select No if you want refund by Cheque)
  22 In case of direct deposit to your bank account give additional detailsMICR Code: MICR code of bank branch, It will help Income Tax Department to deposit refund amount online.
  Type of Account: Savings / Current.
• 26 Exempt Income for reporting purpose only: Contains any income (agriculture income greater than 5000). Its used only for reporting purpose. There will be no income tax on it.
• Verification: Provide Name, Father Name, Date, Place and PAN number for verification purpose.

Pre-XML Check:

After validating all sheets, Click on  Calculate Tax option on first (Income Details) sheet. Verify Tax Payable / Refundable. If everything is ok then click on XML Generate option in first sheet. It will create this sheet. Save XML option will be there on new sheet as below:

Click on Save XML option, it will save xml file on same path where ITR1 excel is located.