The month of July is nearing and with it is the last date to file income tax returns. With internet grasping its hold in all sectors, the process of electronic filing of income tax returns has come as a boon to all tax payers. Using this process, a person (assessee) can file his returns very easily without having to go through the hectic manual process and long hours of waiting in queue at the income tax office.
The assessee can e- file returns in three ways:
a) He can use his digital signature as a proof while e-filing his return. In this case no other verification is required.
b)In case he does not have a digital signature, he has to submit an ITR-V form to the income tax department. The ITR-V acts as a receipt cum verification form.
c)The assessee can also file his return through an intermediary who would not only be e-filing the return but would also assist the assessee in filing the ITR-V form.
Process of e-filing income tax return:
•Electronic filing of income tax return with rupeetimes.com is a very simple and hassle free process. To do so a person needs to login to the tax section of rupeetimes.com.
• The next step is to select the suitable plan from the ones offered.
•The person next needs to fill his personal as well as financial details as asked during the process of filing the return.