Online ITR Filing India or Income Tax Return India

In India the Income tax is imposed by Sir James Wilson for the first time in 1860, the main purpose of imposing income tax back then is to recover losses sustained by the government from the Military Mutiny of 1857. Income tax is the most important and significant type of direct tax. Direct tax means tax is paid by the person on whom the tax is imposed; a person cannot transfer the tax liability on another person, income tax is imposed and recovered by the Central Government of India on the total income of the previous financial year of the assessee, but income tax is imposed only if the income earned in the previous year exceeds the prescribed limit in the relevant Finance Bill. Online ITR Filing India is just the way of paying Income tax. Income tax in India is imposed on the annual basis and tax is charged on the progressive rates which mean tax rates increase with an increase in income, the minimum tax rate is 5 % and the maximum rate is 30 %.

A large portion of the government earning is based on the income tax. The government needs money to maintain law and order in our country, money is also required for the welfare scheme run by the government. All this requires funds from the various sources; the government had two main tax sources firstly direct tax and secondly indirect tax. Income tax, being a direct tax is an important tool to achieve balanced socio-economic growth by providing concession and incentive in income tax for various development purposes. The total income tax which is collected by the Central Board of Direct Taxes and this tax is allocated among the Central Government and State Government as per the recommendation of the Finance Commission. However, the State Government will not get any share of tax revenue from the following amounts:

  • Income tax recovered from the Companies registered under Companies Act, 2013 or any other previous law.
  • Amount received as a surcharge.
  • Amount received as educational cess and secondary higher education cess.

 

What is meant by Income Tax Return or Online ITR Filing India ?

Income Tax Return or Online ITR Filing India is filled by every individual or company or HUF at the end of a financial year. Online Income tax return India (Online ITR Filing India) is a form in which taxpayer declare his total taxable income, it is a proof that the assessee has paid the income tax, ITR Return file India contains details about the total income of the assessee and the amount paid by the assessee as a tax. The Indian citizen who earn taxable income file Online ITR Filing India, the main advantage of an income tax return is that if in case you pay extra tax then Income Tax Return file India would be helpful in getting refunds, but you failed to do online IT Return filing India then you might have to pay penalty and other legal consequences.

 

The procedure of filing income tax return is referred as Online ITR filing India, in this process the actual tax liability of the assessee is calculated, earlier the online income tax return filing India option were not available and can be done offline only at the end of a financial year but now online ITR filing India is also available, the assessee can file online income tax return India through official website of online Income tax return India. The income tax return forms are of different kinds, these different kinds of form from ITR 1 to ITR 7 is used for different types of Income.

 

What are difference between Direct Tax and Indirect Tax ?

Tax is a financial obligation of every citizen, it is levied by the government of the country, and tax is one of the main sources of revenue. Taxes are classified into two parts firstly direct taxes and secondly indirect taxes. A direct tax is directly charged on the income of the assessee wherein the indirect tax is on the goods and services.  In the case of direct taxes, the burden of tax cannot be shifted whereas in case of indirect tax the burden of tax can be shifted. Online ITR Filing India is only required to pay Direct tax only.

 

Table 1 (Difference between direct tax and indirect tax)

Basis of Difference Direct Tax Indirect Tax
Definition/ Meaning Direct tax means tax which is levied on the person’s income and wealth, direct taxes paid directly to the government. Indirect tax means tax which is levied on the consumer who consumes the goods and services and indirect tax is paid indirectly to the government.
Nature of the tax Progressive in nature Regressive in nature
Impact and Incidents Fall on the same person Fall on the different person.
Types Income Tax, Corporate Tax, Import and Export Duties. Goods and Service Tax (GST), Excise Duty and Custom Duty.
Tax Evasion Evasion of direct tax is possible Tax evasion of indirect taxes is very hard because tax is included in the price of the goods and services.
Inflation Inflation can be controlled with the help of direct taxes because it reduces the purchasing power of the assessee. Indirect taxes does not control inflation on the other side it promotes the inflation rate.
Collection and Imposition The direct tax is imposed and collected from the assessee. Section 2(7) of the Income Tax Act, 1961 defines assessee as any person who is liable to pay tax under Income Tax Act, 1961. Assessee includes Individual, HUF, Company, Firm etc. Direct tax is imposed on and collected from the consumer but the tax amount is paid and deposited by the assessee.

 

Online ITR Filing India – A Brief

The process of filing income tax return is referred to as online income tax return filing India; it is mandatory for LLP, partnership firm, company, trust and individual to do online IT return filing India. Income Tax Act which is formulated by the Central Government prescribed that if the total income of the previous fiscal year exceeds the threshold amount which is exempted in the relevant financial bill then the assessee have to file income tax return either offline or online. Online Income Tax filing India is also available in the country; assessee can file an an income tax return through official Online ITR Filing India website. Online Income Tax filing India makes the life of the assessee easy, smooth and hustle free. The online IT Return Filing India process is simple and it can be carried by any person who is a frequent user of the computer. There are also numerous income taxes professional who can help you in online tax return filing India, the best thing about online income tax return filing India is that you can carry out this procedure according to your best comfort level. It is not necessary now for you to take leave from the office just to file online ITR filing India as you can file it online.

 

Online ITR filing India has been made mandatory for all class of assessee but certain assessee are exempted from this rule, the class of taxpayer which does need to do online ITR filing India are as follows:

  • Taxpayer aged 80 or above
  • A taxpayer having income less than Rs. 5 lakhs and they also did not claim a refund.

For the rest of taxpayer online filing of an income tax return is mandatory, the date of income tax return filing is also prescribed, for most of the individual the last date of an income tax return is 31st July immediately following the concerned financial year.

 

Disadvantages of Online ITR Filing India

 

There is a various disadvantage of not doing Online ITR filing India. Some of the major disadvantages are as follows:

  • Difficulty in getting a home loan.
  • Carry forward of the losses except house property loss are not allowed.
  • Delay may occur in the processing of refund of any claim.
  • Levy of late filing fees and interest under section 234F and 234A respectively.

 

Who is liable for Online ITR Filing India ?

 

Online Income tax filing India is a proof of your income, there are various advantages of online income tax return filing India. It helps you in getting a refund, home loan, tenders, startup funding and in getting other government financial aids. But before discussing advantages of Online ITR Filing India in detail let’s discuss who is liable to efile income tax return in India.

 

If a person income exceeds the threshold limit of exempted income then he/she is liable to file an online income tax return filing India, but before discussing the threshold limit we need to first understand what types of an entity included in the definition of person. Section 2(31) of the Income Tax Act, 1961 says person includes an individual, a company, a Hindu Undivided Family (HUF), a firm, an association of person (AOP) or body of the individual (BOI) whether incorporated or not, local authority and every artificial person. So according to the the Income Tax Act, 1961 every person whether artificial or natural is liable to efile income tax India but the person should need to cross the threshold limit of exempted income.

 

In the following cases, you are liable to do Online ITR Filing India: –

  • If your age is less than 60 year and your gross total income exceeds Rs. 2,50,000 in the previous financial year.
  • If your age is above 60 years but below 80 years and your gross total income exceed Rs. 3,00,000 in the previous financial year.
  • If your age is 80 year or above and your gross total income exceeds Rs. 5,00,000 in the previous financial year.
  • If you are running a firm or a company then irrespective of whether your company or firms made profit or loss, filing ITR return in India of the company or firm as the case may become mandatory for you.
  • If you are an Indian resident and hold foreign assets.
  • If you sold equity share in a company for more than Rs. 2,50,000 then filing online ITR filing India becomes mandatory for you.
  • If a company is a foreign company and company avails the benefits of any international treaty then it becomes mandatory for the company to do ITR return file India.
  • If you are Non-Resident Indian (NRI) and more than Rs 2,50,000 of income is earned or accrued in India.

If you are falling under the aforesaid criteria but do not do online ITR Filing India then you are subjected to penalties for default.

 

What are the Various slabs of Income Tax Rates India in case of Individual, Companies, LLP’s, Partnership etc ?

Finance Minister Mr. Arun Jaitley, on 1st Feb 2018 tabled the Union Budget in the Parliament, the following income tax rates India has been announced by the finance minister.

 

  • In case of Resident Individual (Senior Citizen – age of 60 -79)
Income earned in previous year Tax Rate
Rs. 3.00,000 (Minimum exemption limit) Nil
Rs. 3,00,001- 5,00,000 5%
Rs 5,00,001- 10,00,000 20%
Above 10,00,000 30%

All the above who are eligible for paying taxes have to do online ITR filing India as it’s mandatory for them to do.

 

  • In case of Resident Individual (Super Senior Citizen- age 80 or above)
Income earned in previous year Tax rate
Rs. 5,00,000 (Minimum exemption limit) Nil
Rs. 5,00,001-10,00,000 20%
Above 10,00,000 30%

 

All of the above who fulfils eligibility for paying taxes have to do online ITR filing India as it’s mandatory for them to do. Failing to do that will render them liable to penal offence.

 

  • In case of Resident individual (Male or female below 60 year)
Income earned in previous year Tax Rate
Rs. 2,50,000 (Minimum exemption limit) Nil
Rs. 2,50,001- 5,00,000 5%
Rs. 5,00,001-10,00,000 20%
Above Rs. 10,00,000 30%

 

All the above who are eligible for paying taxes have to do online ITR filing India as it’s mandatory for them to do.

 

  • In case of Non-Resident Individuals (NRI)
Income accrued or received in India Tax Rate
Rs. 2,50,000 (Minimum exemption limit) Nil
2,50,001-5,00,000 5%
5,00,001- 10,00,000 20%
Above Rs. 10,00,000 30%

 

All the above who comes within the ambit of paying taxes have to do online ITR filing India as it’s mandatory for them to do.

 

  • In case of Hindu Undivided Family
Income earned in previous year Tax Rate
Rs. 2,50,000 (Minimum exemption limit) Nil
Rs. 2,50,001- 5,00,000 5%
Rs. 5,00,001-10,00,000 20%
Above Rs. 10,00,000 30%

 

All the above who are eligible for paying taxes have to do online ITR filing India as it’s mandatory for them to do.

 

  • In case of Association of Person (AOP) and Body of Individual (BOI)
Income earned in previous year Tax Rate
Rs. 2,50,000 (Minimum exemption limit) Nil
Rs. 2,50,001- 5,00,000 5%
Rs. 5,00,001-10,00,000 20%
Above Rs. 10,00,000 30%

 

All the above who are eligible for paying taxes have to do online ITR filing India as it’s mandatory for them to do so, failure of which will make them liable for penal offence.

 

  • In case of Other artificial and judicial person
Income earned in previous year Tax Rate
Rs. 2,50,000 (Minimum exemption limit) Nil
Rs. 2,50,001- 5,00,000 5%
Rs. 5,00,001-10,00,000 20%
Above Rs. 10,00,000 30%

 

All the above who are eligible for paying taxes have to do online ITR filing India as it’s mandatory for them to do.

 

  • In case of Firms and Limited Liability Partnership (LLP)
In Financial Year 2019-20 all profit of firm and LLP is taxable at a flat rate of 30%

 

All the above who are eligible for paying taxes have to do online ITR filing India as it’s mandatory for them to do so. LLPs have to pay higher amount of fine in comparison to ordinary citizens if they fail to efile tax return India.

 

  • In case of Indian Companies
Total Turnover or Gross Receipt Tax Rates
Amount Rs. 250 crore or below in the previous year 25%
Amount above Rs. 250 crore in the previous year. 30%

 

All the above who are eligible for paying taxes have to do online ITR filing India as it’s mandatory for them to do so. Like LLPs, Companies are also liable for higher fine if they fail to do online Income tax Return filing India.

 

  • In case of Foreign Companies
Profit of the foreign company is charged at flat rate of 40% for the financial year 2018-2019

 

All the above who are eligible for paying taxes have to do online ITR filing India as it’s mandatory for them to do.

 

  • In case of Cooperative Societies
Income earned in previous year Tax Rates
Upto Rs. 10,000 10%
Rs 10,001 – 20,000 20%
Above 20,000 30%

 

All the above who are eligible for paying taxes have to do online ITR filing India as it’s mandatory for them to do so. If they fail in doing so, they will be liable for penal offence.

 

Process of Online ITR Filing India

The income tax department has released its Online ITR Filing India software for all seven ITR forms. ITR -1 and ITR -4 can be filled without downloading Online ITR Filing India software. ITR -1 is filled by the resident individual only, who have income up to Rs 50 lakhs, ITR -4 is filled by those individuals and Hindu Undivided Family (HUF)  who have opted for the presumptive income scheme for the income earned in Financial Year 2017- 2018 under section 44AD, 44ADA and 44AE of The Income Tax Act, 1961.

By using online income tax return filing India services, a person can file its income tax return in India online; the following steps would be helpful for you in doing efile income tax return in India.

  1. Visit the official Online ITR Filing India website
  2. If you are the first user then you have to first register yourself on the Online ITR Filing India website,
  3. Click on the ‘New Registration” tab and get register yourself while registering you have to fill the relevant details, your profile will be created after the end of the registration process on the Online ITR Filing India website.
  4. While creating your profile on the on the Online ITR Filing India website, you need to ensure that you have to give active e-mail id and mobile number because the department will send activation link on the registered email and by clicking this link the registration process will complete and income tax department provides sent one-time password (OTP) via registered mobile number.
  5. Next, again visit the Online ITR Filing India website, click on the login tab and enter your user ID, your PAN, password of the user ID and captcha code, then after filing the entire details click on the login tab to sign in.
  6. After signing in, on the dashboard of Online ITR Filing India website, your account will show up. Click on the ‘e-file’ and select the option of ‘Income tax return’.
  7. On the Next page of Online ITR Filing India website, select the assessment year, for this year you have to fill 2018-19 financial year as assessment year, you also need to select relevant online income tax return filing India form and then click on the Submit.
  8. The Online ITR Filing India website then redirects you to form page which you selected previously, before filling the form you should need to read the general instruction given at the start of the form.
  9. Then after you have to fill the form, the information which you need to fill in the form is the information in regards to income details, tax details, verification details and details about the section 80G. To know more about section 80G, visit Online ITR Filing India website.
  10. Before making a final submission on the Online ITR Filing India website, it is advisable to you that you should save the data and recheck the form once to avoid mistakes.
  11. Once you hit the ‘Submit’, your income tax return will be uploaded and you have to verify the return by using any of the option available. This is the final step on the Online ITR Filing India website.
  12. You can verify your return on the Online ITR Filing India website through electronic Aadhar OTC or through electronic verification code method or through the offline method by sending a printout of ITR V to CPC, Bangalore within 120 days from the online income tax return filing India.
  13. The acknowledgement will be sent to you on the registered email address once your return is successfully uploaded on the Online ITR Filing India website.
  14. The income tax department will process your income tax return after you verify it on the Online ITR Filing India website, the information about the initiation of processing will be sent to you via registered email.    

 

Major Reasons for Online ITR Filing India  

A citizen can file an income tax return even if the citizen has nil income or the total taxable income is below the minimum taxable limit. Their various reason for online income tax return filing India and these are given below:

  • Carry Forward of loss – There are various kinds of losses which an individual or entity can conceive in a financial year, if a person or entity efile income tax return in India then they can claim the benefit of carrying forward of the previous year loss.
  • Income tax refund – Online Income tax filing India is not a moral duty of an individual but if you efile tax return India then you can claim an income tax refund in case you file extra tax.
  • Avoidance of Penalty – According to section 234F of The Income Tax Act, 1961 the assessee needs to do online tax return filing India by July 31st and if he fails to do so, then the fine of Rs. 5000 will be levied and if the assessee does online IT return filing India after 31st December then fine of Rs. 10,000 will be levied on the assessee.
  • Legal Sanction of the Income – Online ITR Filing India is not mandatory but the major benefit of the online income tax filing India is, it gives legal sanction to the income of the assessee.
  • Beneficial in Loan Application – Banks and other financial institution require documents of Online ITR Filing India for the processing of educational, home and other kinds of loans. An Online income tax return filing India document is mandatory for the processing of any visa card and also some credit card companies demand online tax return filing India document as a proof of their income.
  • Registration of Immovable Property – Some states require records of Online ITR Filing India of the last three years for the registration of the immovable property, so in such cases, proof of online income tax return filing India becomes very crucial.
  • Proof of Income – The assessee while doing the Online ITR Filing India specifies his income in the previous financial hence the online income tax return India document is the legal proof of the assessee income.

 

Benefits for Opting for online ITR filing India via Professional like CA or accountant

If you are doing Online ITR Filing India with the help of professional like CA or accountant then you can avail various kind of benefits, and these benefits are as follows:

  • Tax Compliance– Government on regular basis notify new Online ITR Filing India rules, general public mostly unaware about such rules but a professional like CA or accountant is pretty much aware of the same and give advice about the compliance of the new efile tax return India rules.
  • Helpful in Forming Tax Strategies – If you can strategies your expenditure and allocate your income with the help of professional like CA or accountant then you can easily reduce your tax liability.
  • Tax avoidance – Tax avoidance is an art where a person can avoid tax by using loopholes under The Income Tax Act, 1961. Tax avoidance is not according to the spirit of the legislature but it is not illegal, there are many loopholes in The Income Tax Act, 1961 and a professional like CA or accountant is well aware of these loopholes and this can be beneficial for you.
  • Helpful in Procedure – The income tax return filing procedure is a cumbersome task, an assessee needs help from the professional in various step for example in selecting a right form for the income tax return and in the calculation of gross total income etc.
  • Efficient and Time-Saving – The professional like CA and accounts are in practice of filling income tax return so they are well aware of the whole procedure of income tax return, therefore, they are effective and efficient. If you file your ITR with the help of CA or account then you can avail the benefit from efficiency and effectiveness.  

 

Document required for Online ITR Filing India

31st July is the last date of filing an income tax return in every financial year. Some preparation is necessary for the income tax return filing; this is why the government gives four months window period to compile all the necessary documents like salary details, Bank statement etc. The necessary documents for the income tax return filing are as follows:

 

  • General Documents

 

  • PAN Card Number
  • Aadhar Card Number
  • Bank Account Details and IFSC Code
  • TDS certificate (Form 16, 16A, 26AS etc)
  • Tax Payment Challan

 

  • Document Required for the First Time Online ITR Filing India

 

  • General Documents
  • Form 26 AS
  • Form 16
  • Documents for Income from other sources
  • Details of the deduction if any
  • Details of tax saving investment
  • For Salaried Employees – If you are a salaried employee then you should need to compile these following documents for the e-filing of the income tax return in India
  • PAN Number
  • Form 16 which are issued by your employer.
  • Pension Document
  • Salary Arrears (If individual receive arrears)

 

  • Document in relation to interest income

 

  • Passbook/Bank Statement if the interest is generated from saving the account.
  • Interest income statement if the interest is generated from the fixed deposit.
  • TDS certificate issued by the bank or other financial institution.

 

  • Documents in relation to income from the Other Sources

 

  • Rent Agreement if the income is derived from the rent
  • Lottery/ Prize receipt if income is derived from the lottery
  • Dividends/ Warrants
  • Bank Passbook or Bank Statement
  • Form 26 AS – Form 26AS contains the summary of the tax deducted on your behalf and tax already paid by you, this form is provided by the income tax department. The form contains a brief description of the tax paid and tax deducted at source on your behalf this form can be accessed from the income tax return official website.

 

Various Advantages of filing Income Tax Return on Time

It is not a good idea to delay your income tax return filing, of course, filling of an income tax return is not the most exciting thing to do but there are various benefits of filling income tax return on time and these benefits are  

  • Faster Processing of Returns – If you file your income tax return closer to the due date then it may lead to a delay in processing. The servers may slow down because of heavy of load due to numerous requests, you can avoid the rush on the website by filing an income tax return on time.
  • Quicker Refunds – Your tax refunds may process really fast if you file your claims in advance and within the time prescribed. Processing of refund usually takes time in processing if you file your return after the due date due to rush.
  • Avoid late payment and penalties – If an income tax return filed after the due date then it will attract the penalty and interest. As per Section 234F of The Income Tax Act if a person file income tax return after the due date but before December 31 then fine of Rs. 5000 will be levied and if the income tax return is filed after December 31 then the fine of Rs 10,000 will be levied on the assessee.
  • Faster processing Visas, Loans and Credit Cards – The income tax return is the proof of your legal income, so it is a mandatory document in the processing of loans, visas, credit and debit card. Hence if you file your income tax on time then it will increase your trustworthiness so Bank or another financial institute easily give a loan to you.
  • Eliminates Stress – Income tax return filing is a cumbersome and stressful task. You can avoid this stress as well as additional financial stress which might occur if you don’t file an income tax return on time. Stress can adversely affect your mental health, so by filing your income tax return on time, you can eliminate stress from your life.

FAQs about Online ITR Filing India  

Q 1. My Company has already deducted tax from my salary. Do I still need to do Online ITR Filing India ?

If your company deduct tax at source (TDS) then you are not liable to pay additional tax on your salaried income to the government, but if your income exceeds the minimum non-taxable income then it becomes compulsory for you to file online income tax return filing India. An income tax return is a proof that which you showed to the government that you have earned income only forms those sources which are revealed while doing e file of income tax return in India.

Q 2. What is the last date for doing Online ITR Filing India ?

31st July is the due date of online Income Tax filing India for the financial year 2018- 2019 and if you did not efile income tax India return on time then according to Section 234F of The Income Tax Act the fine of Rs 5,000 would be levied on assessee and if he is found unable to file online tax return filing India before then fine Rs. 10,000 would be levied on the assessee.  

Q 3. What is Form 26AS referred under Online ITR Filing India website ? 

Form 26AS contains the details of the tax credit in the assessee account; it is a statement which contains the details of tax payer’s account as per the income tax department. The record includes record about the TDS (Tax Deducted at Source) if any, it also contains record about the advance tax paid by the assessee and record relating to self-assessed tax.

Q 4. If I don’t do Online ITR Filing India then what will happen ?

If you don’t file your online income tax return filing India then have to face penalty and legal consequence for the same. As per Section 234F of The Income Tax Act, the department can levy fine of Rs 5,000 on the assessee if he is unable to file online ITR return file India within the prescribed time and if he is also unable to file income tax return before 31 December then fine of Rs 10,000 would be levied on the assessee. The income tax department also has the power to charge interest on the due tax.

Q 5. What is income tax verification that is required on the Online ITR Filing India website ?

Once the income tax return is filled by you then it is verified. The income tax return will not be treated as valid income tax return until it is verified by the taxpayer. The income tax department provides different ways of the verification of the income tax return. The assessee can simply take out the print of the online submission then sign the submission and sent to the Centralized Processing Centre which is located in Bangalore. E-verification is also available, an assessee can use electronic verification code (EVC), Aadhar, net banking or bank account for the verification of the income tax return.    

   

Q 6. Can I file a revised return for the correction in the original Online ITR Filing India document ?

It is possible and you can file a revised income tax return or online ITR filing India, if the original income tax return is filled before the due date and when the department of income tax did not complete the assessment. But if original income return has been filed after the due date then assessee cannot file the revision of the income tax return.

An income tax return can be filled within a period of one year and this year start form the end of the relevant assessment year.

Q 7. What is the utility of Aadhar card number in the Online ITR Filing India application ?

The Government of India made it mandatory that you should link your Aadhar card with your PAN card for efile income tax return in India, a certain person is exempted from this rule. The exempted assessee includes non-resident assessee, super senior citizen (age above 80 years), people living in Meghalaya, Jammu & Kashmir and in Assam.

Q 8. Who should file Form 10E and what is Form 10E under Online ITR Filing India rules ?

Some your receive arrears income, and then it means you receive the actual money in financial year different from the financial year in which the income is accrued. It might be possible that tax rule has been changed in these two years and tax treatment of these two financial years might be different. So if you want to adjust your income and claim relief from tax authority while doing online ITR filing India, if any, then you have to file Form 10E.    

Q 9. How I can log in on the Online ITR Filing India website official website of re-filling of an income tax return through net banking facility ?

E-filing portal provides a new facility for login, now taxpayer can log in through net banking earlier this facility is not available. This option is given at the bottom of the login web page of online ITR filing India portal. When you click on the option of net banking facility for the login, you will receive an OTP (one time password) on the registered mobile number. After receiving OTP you have to fill Captcha code, you are not required to fill your password this facility is good for those taxpayers who have forgotten their password and unable to reset the same.

Q 10. What are different modes of doing Online ITR Filing India ?

  1. A taxpayer can file income tax return either through paper mode or through e-filling mode. If assessee efile income tax India return through electronic mode then these three options are available
  • E-filing by using a Digital Signature (DSC)
  • E-filing without using a digital signature
  • E-filing under Electronic Verification Code (EVC)

If assessee files his online income tax return filing India by using DSC or under EVC, then it is not required to send a signed copy, ITR V (acknowledgment of electronic income tax return filing) to Centralized Processing Centre located in Bangalore. However, if the income tax return is filled without using DSC or EVC, then it becomes mandatory for the assessee to send the signed copy of the ITRV within 120 days of uploading the return on the website. The signed copy of the ITRV can be sent either by speed post or by normal post on the following address:

Income Tax Department – CPC, Post Bang No- 1 Bangalore – 560100.

 

Income Tax Return Filing Services Offered by the online ITR filing India website    

Online income tax filing India is made easy by the online ITR filing India website. Now every taxpayer can get the web assistance on online ITR filing India website in a very convenient manner. Efile tax return India website helps you in filing details in income tax return form and also in choosing right income tax return form. Online ITR filing India website calculates your tax liability in accordance with the law and uses every possible deduction and exemption available under The Income Tax Act, 1961 in order to reduce your tax liability legally. The complex issues like TDS (Tax Deducted at Source) is very wisely handled by the experts available in the market.