Nice initiative by Income Tax India ,this website saves lots of time and a great step towards Digital and Cashless India. 03-07-2018 Ever since CPC was established, submitting returns online has become much easier.
One can file his/her ITR on his own, provided that you are having good knowledge of the Income Tax and certain provisions which are applicable to you being the type of assessee. Before you start the process, keep a few things handy with you:...
Income tax return & steps for filing income tax return online in India. Know - who should file ITR, ways to file income tax return & benefits of online income tax return filing. Calculate Income tax deductions & how to fill ITR forms etc.
The e-filing of income tax returns in India was introduced in September 2004. It was initially introduced on a voluntary usage basis for all categories of income tax assesses. Since 2013, it has become compulsory for individuals with than 10 Lakhs of income to file their income tax returns online.
The Income Tax Department NEVER asks for your PIN numbers, passwords or similar access information for credit cards, banks or other financial accounts through e-mail.. The Income Tax Department appeals to taxpayers NOT to respond to such e-mails and NOT to share information relating to their credit card, bank and other financial accounts.
The question of whether you should file your Indian income tax return or not is irrespective of your being an NRI or not. If you have lived in the U.S. long enough to be considered an NRI but still have income coming from India, you are required to file your Indian income tax return when your income exceeds the basic exemption limit.
Advantages of Filing Income Tax Return Online. The process of filing of Income Tax Returns used to be tiring as well as difficult but with the introduction of ITR e-filing, the burden has lessened. The online method for the filing of income tax returns helps an individual in the following ways:
Amendment of Income-tax Rules, 1962 for notifying Challan-cum statement for the purposes of section 194M of the Income-tax Act, 1961; Extension of due date for filing of Income-tax Returns/Tax Audit Reports to 30th November, 2019 in respect of Union Territory of Jammu and Kashmir and Union Territory of Ladakh
As it is clear now what Form 16 is, it is time to know how to use it for income tax return filing online. It is very easy to file income tax return online using Form 16. You just have to follow the below-mentioned processes and you can easily file ITR online in no time. First, get Form 16 from your employer or from your office or workplace.
Filing income tax return is mandatory for every eligible taxpayer in India. However, the government of India has made this process simpler and more transparent by introducing the option of e-filing income tax returns. To know the details of filing income tax returns online, read on. The following topics have been discussed in this ... Read moreIncome Tax e-Filing – A Step By Step Guide to ...