Now, Indian people can file their Income Tax Return online at IncomeTaxIndia.gov.in.
Through online income tax returns, people can save their time as well
as file income tax returns speedily compared to offline process. They
can use online income tax filing service 24×7 from anywhere. Individual
can file their online income tax filing form after registering on these
sites.
Recently,
Income Tax Department has renovated tax returns filling by launching
e-filing. It is the easiest way to file your return online with
conveniently. Now, Assessee can pay taxes, file returns, track the
processing status, view tax credit, as well as get refunds credited
directly to the bank account through e-filing service. Users do not need
to contact a Chartered Accountant or visit the Income Tax office for
e-filling. They just need to connect their computer with internet
connection. You can file tax returns through government website with
free of cost. Today, over 80% of the tax payers select the On-line
filing. Day by day, the ratio of online filing tax payers is increasing
due to its flexibility and ease to access the filing application.
How it works?
At
IncomeTaxIndia.gov.in, people can get detailed information about Pan,
TAN, TDS, tax returns scheme, tax-Payers information booklet, etc. It
offers variety of online service including file returns online, pay
taxes online, view your tax credit and check status of tax refund. Users
can file income tax return, TDS return and Air return through this
website.
How to file income tax return?
Registration
must be required to file your returns online. To file income tax
returns, first you need to select appropriate type of return form and
then download Return Preparation Software for selected Return Form. Once
you download software, file your return offline and create a XML File.
After then do login in the site and click on applicable form from left
side panel and submit return. Upload XML file that you created offline.
After successful uploading, site will display acknowledgment details
that you can print out for record.
How to pay tax online?
Now
Taxpayers can make tax payment through internet, using net-banking
facility. To pay tax online, you need bank account that provide
net-banking and e-payment facility. First of all, you need to open “pay
taxes online” section. After then, select the required challan and
directly reach at Payment page where fill up form with required detail
like Name and address of the taxpayer, Assessment Year, Major Head Code,
Minor Head Code, Type of payment and select bank. After providing this
detail, click on proceed button and get the copy of your entered detail
for verifying. In case, you find a mistake in your data entry, then you
can correct it by editing section.
How to view tax credit?
Pan
holders can view Tax Credit Statement online through
IncomeTaxIndia.gov.in. In the tax credit, taxpayer can get detail about
tax deducted and collected, advance tax/self assessment tax/regular
assessment tax deposit, received pain refund and High value
Transactions. They can view tax credit from bank site through net
banking facility or TIN website or incometaxindiaefiling.gov.in. People
can also find the status of tax refund by entering Permanent account
number and assessment year. Using a Tax calculator, you can calculate
your tax liability based on your taxable income.
No comments:
Post a Comment