Saturday, June 15, 2013

Be Ready For File E Returns

Income tax return, electronic filing of tax filing and refund of the entire process of radical change. it has meant for both taxpayers and tax department open new doors. Finance Minister, p Chidambaram is mentioned in the budget speech.

The Finance Minister said more banks via electronic payment facility, more than 50 thousand rupees for refunds refunds banker system to expand and new categories of taxpayers e-filing to make compulsory offer. current income over ten million bucks on e-filing is mandatory now its expansion while half a million bucks to the income range in the scope of mandatory e-filing. The CBDT Chairman referring Poonam teen SAX and revenue Secretary sumit Bose.

Electronic filing of income tax returns has several advantages. first advantage, you no longer have any time from any corner of the country it fill your returns. income tax department prompted the tightest now rid of circling.

The second advantage is that you can all the information related to the it systems of the Department. the Department has other information to match them. after your refund is issued immediately. to get it you must not chase the Department. the refund banker after the system returns you to the Bank's information is directly into the same account will be refunded to. soIf your refund was more than Rs 50,000 cheque to your address via the same account refund deposited into your Vice will be that you are submitting to return the income tax department. If you have looked at all the things so no problems.

How e-filing:

1. register dablyudablyuinkamtaiksaindiyadatjiovidatain official website of the income tax department.

2. set your pan number and password after e-filing.

3. download the appropriate form and your income, savings and investment, fill all the information carefully.

4. upload it by changing the XML form pharmet.

5. After you accept your returns form email on receipt and ITR-v (verification).

6. If you cannot digitally sign the returns, ITR-v signed within 120 days CPC Bangalore office.

7. notice of receipt to your return after successful email and SMS on the phone will get you through.

Helpline of your assignment:

E-filing: 1800-4250-0025

Income tax rules related complication:

1800-180-1961

Refunds & returns for changes in:

1800-425-2211

Fact sheet:

March 26954261 by 2013, taxpayers e-filing to registration.

-34 per cent of returns filed by taxpayers after Office.

-Maharashtra, Gujarat, Uttar Pradesh, Andhra Pradesh and Karnataka in the e-returns.