Importance of Income Tax Return & Guidelines for eFiling or Online Filing ?

Regarding Income Tax Return, the most important things I will share with you as and hereafter. But on the contrary most of Taxpayee not watch or read the post carefully. So due to this problem I will try to my level best to clarify & escape from Problem of online Income Tax Return Filing for Assessment year 2011-12.

Some are very easy task for layman even you don’t required any software. However you need to know about scrolling of computer mouse. There are lots of benefits to file income tax return online. No need to stand in long queues at the income tax department. No fear of lost any document, one can print and download whenever you wants after log-in your account.
Filing Income Tax Return:

1. Select appropriate type of Return Form
2. Download Return Preparation Software for selected Return Form.
3. Fill your return offline and generate a XML file.
4. Go to Income Tax Department website.
5. Register and create a user id/password
6. Login and click on relevant form on left panel and select “Submit Return”
7. Browse to select XML file and click on “Upload” button
8. On successful upload acknowledgment details would be displayed. Click on “Print” to generate printout of acknowledgment/ITR-V Form.
9. In case the return is digitally signed, on generation of “Acknowledgment” the Return Filing process gets completed. You may take a printout of the Acknowledgment for your record.
10. In case the return is not digitally signed, on successful uploading of e-Return, the ITR-V Form would be generated which needs to be printed by the tax payers. This is an acknowledgment cum verification form. The tax payer has to fill-up the verification part and verify the same.
11. Update: Now you have to send ITR-V to the “Income Tax Department , CPC, Post Box No – 1, Electronic City Post Office, Bangalore – 560100, Karnataka”. They’ll send the acknowledgment receipt at your email address.
12. For any assistance in filing the paper copy of the return please contact by comment form given below.
    

Posted in: Annual Income Tax Return,Free Income Tax Calculator,Income Tax Rebates